$1,999,000 Last Listed Price
●
House -
Off Market
3130 Lake Drive
Katy, TX 77494
6 Beds
4 Baths,
1
Half Bath
4,645 Ft²
$11,593
Est. Monthly
About This Property
Equestrians and outdoor enthusiasts! Your idyllic Katy home awaits
in this 5+acre estate featuring wooded terrain and a seasonal
creek. Stretch out and relax in the move-in ready home with a
vaulted living room, dining room, gourmet kitchen, fitness room,
sauna and laundry. Spacious accommodations include an owner's suite
and pool house guest quarters. Outside, expansive seating areas, a
pool, summer kitchen, batting cage and sports field provide endless
entertainment. Equestrian use is permitted, and existing stables
include stalls/turnout plus a grazing pasture. A massive hangar
stores all maintenance and hauling equipment, which convey with the
property. Upgrades include a commercial-grade well, generator,
propane tanks, indoor-outdoor speakers, plus water treatment,
septic, security, mosquito and sprinkler systems. Tall fencing and
brick walls with two automatic gates. Close to local amenities,
KISD schools and LaCenterra shopping. This property can be
subdivided.
Unit Size
4,645 Ft²
Days on Market
-
Land Size
5.83 acres
Price per sqft
$430
Property Type
House
Property Taxes
$1,777
HOA Dues
-
Year Built
1985
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Cap Rate
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 #39053449)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Martha Turner Sotheby's International Realty | $1,999,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Equestrians and outdoor enthusiasts! Your idyllic Katy home awaits in this 5+acre estate featuring wooded terrain and a seasonal creek. Stretch out and relax in the move-in ready home with a vaulted living room, dining room, gourmet kitchen, fitness room, sauna and laundry. Spacious accommodations include an owner's suite and pool house guest quarters. Outside, expansive seating areas, a pool, summer kitchen, batting cage and sports field provide endless entertainment. Equestrian use is permitted, and existing stables include stalls/turnout plus a grazing pasture. A massive hangar stores all maintenance and hauling equipment, which convey with the property. Upgrades include a commercial-grade well, generator, propane tanks, indoor-outdoor speakers, plus water treatment, septic, security, mosquito and sprinkler systems. Tall fencing and brick walls with two automatic gates. Close to local amenities, KISD schools and LaCenterra shopping. This property can be subdivided.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2021 | Listed by Keller Williams - Houston Premier | $3,850,000 | |
| Listed by Keller Williams - Houston Premier | |||
| | |||
|
Equestrian Dream! Over 5 well manicured beautiful acres situated in the heart of Katy, this is truly a rare find. Picturesque seasonal creek runs along the edge of the property, completely wooded. Zoned to some of the best schools in KISD and within walking distance of restaurants, shopping and churches. Bring your horses... stables w/stalls with turn-out and a large fenced pasture for grazing. The house has tons of recent upgrades including a workout room with sauna! Enjoy those nice summer days, relaxing under the palapa by the pool. The pool house is perfect for separate quarters or a kids retreat. Outdoor grill and smoker for the grill master of the family! Additional features: Whole home generator, Whole home speaker system w/outdoor speakers around main house and pool, 46-zone sprinkler system, Mosquito misting system w/260 nozzles, raised sports field w/80' batting cage and more. Unrestricted and could be subdivided but why when you have all this? Hurry, won't last long! The manager has listed the unit size as 4645 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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Listed by: Diane Kingshill, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 39053449
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Last Updated: 4 months ago
Data Source: HAR , MLS# 39053449
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