3635 Buchanan Hill Lane
About This Property
Zoned to top rated Katy ISD schools and also with a low tax rate, this home is perfectly positioned for every member of the household.
Schedule an appointment to see this home today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Keller Williams Premier Realty | $425,000 | |
| Listed by Keller Williams Premier Realty | |||
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Welcome home to 3635 Buchanan Hill in the community of Silver Ranch in Katy, TX. The traditional home is tucked into the neighborhood on a cul-de-sac street. With a game room, formal dining room and extended back patio, there is ample space for all of your entertaining needs. In addition, the entire home has recently been painted so it's a blank slate for new owners to make their own. The larger expenses related to owning a home have also been taken care of with the AC and ductwork being replaced in 2020 and the roof being replaced in 2019. Lastly, there is not any carpet in this home!
Zoned to top rated Katy ISD schools and also with a low tax rate, this home is perfectly positioned for every member of the household.
Schedule an appointment to see this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017