$575,000 Last Listed Price
●
House -
Off Market
3503 Lake Lugano Circle
Katy, TX 77493
5 Beds
3 Baths,
1
Half Bath
3,486 Ft²
$588,274
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Situated in the highly renowned lake-front community of Marcello
Lakes, 3503 Lake Lugano Circle sits on a corner lot and measures
3,486 square feet. This waterfront home is built by Princeton
Classic and is nestled on a cul-de-sac street. The kitchen opens to
the living room that features a gas log fireplace and gorgeous lake
front views. The primary suite offers a luxurious bath with
oversized walk-in shower. Featuring 4 additional secondary bedrooms
and a home office and media room, this home is perfect for
entertaining. Relax in your own private waterfront dock or fish in
the fully stocked lake and relax and enjoy the views. Marcello
Lakes features wonderful amenities including amenity lakes, a
resort style swimming pool and clubhouse, a tennis court, and in
highly regarded Katy ISD.
Unit Size
3,486 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
2020
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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 #91589987)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Martha Turner Sotheby's International Realty | $575,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| | |||
|
Situated in the highly renowned lake-front community of Marcello Lakes, 3503 Lake Lugano Circle sits on a corner lot and measures 3,486 square feet. This waterfront home is built by Princeton Classic and is nestled on a cul-de-sac street. The kitchen opens to the living room that features a gas log fireplace and gorgeous lake front views. The primary suite offers a luxurious bath with oversized walk-in shower. Featuring 4 additional secondary bedrooms and a home office and media room, this home is perfect for entertaining. Relax in your own private waterfront dock or fish in the fully stocked lake and relax and enjoy the views. Marcello Lakes features wonderful amenities including amenity lakes, a resort style swimming pool and clubhouse, a tennis court, and in highly regarded Katy ISD.
| |||
Property Highlights
Fireplace
Garage
With View
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 Harris
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jason Lee Villarreal, Martha Turner Sotheby's International Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 91589987
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Last Updated: 4 months ago
Data Source: HAR , MLS# 91589987
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