$395,000 Last Listed Price
●
House -
Off Market
3359 Elk Ridge Lane
Katy, TX 77494
3 Beds
2 Baths,
1
Half Bath
2,272 Ft²
$2,733
Est. Monthly
$71
HOA / Fees
About This Property
Located in the desirable Silver Ranch community in South Katy, this
gorgeous home is a beautifully designed 1.5-story home that
radiates warmth and sophistication. Freshly painted interior & new
carpet. 3BR, 2.5BTH, and large upstairs game room with a bathroom,
drenched in natural light, making it an ideal space for both
relaxation and entertainment. Open concept kitchen, flowing
effortlessly into the breakfast and family areas, alongside a
formal dining room, creates an inviting atmosphere for family
gatherings. Zoned to the award-winning Katy ISD, this home promises
exceptional opportunities. Additionally, residents enjoy access to
a recreation center with sports courts and are just minutes from La
Centerra's shopping, dining, and entertainment. This property is
not just a home but a lifestyle choice for those who value a blend
of functionality and aesthetics in one of Katy's most desirable
neighborhoods all within minutes from all major thoroughfares.
Welcome to your new home!
Unit Size
2,272 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$174
Property Type
House
Property Taxes
$722
HOA Dues
$71
Year Built
2013
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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: 5 months ago (HAR #89038492)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Mar 17, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Mar 2, 2024 | Listed by Keller Williams Memorial | $395,000 | |
| Listed by Keller Williams Memorial | |||
| | |||
|
Located in the desirable Silver Ranch community in South Katy, this gorgeous home is a beautifully designed 1.5-story home that radiates warmth and sophistication. Freshly painted interior & new carpet. 3BR, 2.5BTH, and large upstairs game room with a bathroom, drenched in natural light, making it an ideal space for both relaxation and entertainment. Open concept kitchen, flowing effortlessly into the breakfast and family areas, alongside a formal dining room, creates an inviting atmosphere for family gatherings. Zoned to the award-winning Katy ISD, this home promises exceptional opportunities. Additionally, residents enjoy access to a recreation center with sports courts and are just minutes from La Centerra's shopping, dining, and entertainment. This property is not just a home but a lifestyle choice for those who value a blend of functionality and aesthetics in one of Katy’s most desirable neighborhoods all within minutes from all major thoroughfares. Welcome to your new home!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fort Bend
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Listed by: Gina Arriondo, Keller Williams Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 89038492
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89038492
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