$499,000 Last Listed Price
●
House -
Off Market
3103 Eula Morgan Road
Katy, TX 77493
2 Beds
2 Baths
1,554 Ft²
$497,144
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Amazing UNRESTRICTED, tree lined opportunity in Old Katy. This 2
Bedroom, 2 bathroom Bungalow home with endless possibilities,
situated on a 1.3 Acre lot was once owned by the woman the street
is named after EULA MORGAN. The property features an OVERSIZED 3
car garage with a climate-controlled storage room. 8 ft. tall
garage doors and a depth of 25ft. Perfect for Texas sized trucks!
There is also a WORKSHOP with TWO 8ft roller doors and covered
porch, as well as a BOAT or RV storage bay. But that's not all! The
property also includes a two-story CHICKEN COOP/FFA animal home, a
shed on a slab with a loft area, and plenty of room to expand!
You'll love the homes SCREENED-IN PORCH, providing a peaceful
retreat surrounded by oak trees. Property is supplied by city gas
but otherwise completely self sufficient with meticulously
maintained SEPTIC and WELL, complete with WATER SOFTENER and
REVERSE OSMOSIS. Schedule a tour SOON, HOME WONT LAST LONG!
Unit Size
1,554 Ft²
Days on Market
-
Land Size
1.32 acres
Price per sqft
$321
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1954
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #8182955)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by RE/MAX Grand | $499,000 | |
| Listed by RE/MAX Grand | |||
| | |||
|
Amazing UNRESTRICTED, tree lined opportunity in Old Katy. This 2 Bedroom, 2 bathroom Bungalow home with endless possibilities, situated on a 1.3 Acre lot was once owned by the woman the street is named after EULA MORGAN. The property features an OVERSIZED 3 car garage with a climate-controlled storage room. 8 ft. tall garage doors and a depth of 25ft. Perfect for Texas sized trucks! There is also a WORKSHOP with TWO 8ft roller doors and covered porch, as well as a BOAT or RV storage bay. But that's not all! The property also includes a two-story CHICKEN COOP/FFA animal home, a shed on a slab with a loft area, and plenty of room to expand! You'll love the homes SCREENED-IN PORCH, providing a peaceful retreat surrounded by oak trees. Property is supplied by city gas but otherwise completely self sufficient with meticulously maintained SEPTIC and WELL, complete with WATER SOFTENER and REVERSE OSMOSIS. Schedule a tour SOON, HOME WONT LAST LONG!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Harris
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Listed by: Dixie Hightower, RE/MAX Grand
Last Updated: 4 months ago
Data Source: HAR , MLS# 8182955
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Last Updated: 4 months ago
Data Source: HAR , MLS# 8182955
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