$725,000 Last Listed Price
●
House -
Off Market
5123 Steep Forest Circle
Katy, TX 77494
5 Beds
4 Baths
4,301 Ft²
$722,303
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Welcome home to 5123 Steep Forest Circle located in the Cinco Ranch
Southwest and zoned to Katy ISD! This stunning Highland home
features 5 bedrooms, 4 full baths and an attached 3 car garage. As
you open the front door you are welcomed by an open-concept floor
plan that will make entertaining a breeze. The chef's kitchen
features white cabinetry and an oversized island. The family room
includes a gorgeous fireplace, wood flooring, and large windows
allowing the natural light to shine through. End your days in the
spacious primary suite. Come upstairs where you will find 3
secondary bedrooms, game room, and media room. Step out back for a
view of the covered patio and backyard. Don't forget to check out
all of the world-class amenities in Cinco Ranch. You don't want to
miss all this home has to offer! Check out the 3D tour and schedule
your showing today!
Unit Size
4,301 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$169
Property Type
House
Property Taxes
$1,287
HOA Dues
$100
Year Built
2011
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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 #38919008)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by NICOLE FREER GROUP | $725,000 | |
| Listed by NICOLE FREER GROUP | |||
| | |||
|
Welcome home to 5123 Steep Forest Circle located in the Cinco Ranch Southwest and zoned to Katy ISD! This stunning Highland home features 5 bedrooms, 4 full baths and an attached 3 car garage. As you open the front door you are welcomed by an open-concept floor plan that will make entertaining a breeze. The chef's kitchen features white cabinetry and an oversized island. The family room includes a gorgeous fireplace, wood flooring, and large windows allowing the natural light to shine through. End your days in the spacious primary suite. Come upstairs where you will find 3 secondary bedrooms, game room, and media room. Step out back for a view of the covered patio and backyard. Don't forget to check out all of the world-class amenities in Cinco Ranch. You don't want to miss all this home has to offer! Check out the 3D tour and schedule your showing today!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Fort Bend
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Listed by: Nicole Freer, NICOLE FREER GROUP
Last Updated: 5 months ago
Data Source: HAR , MLS# 38919008
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Last Updated: 5 months ago
Data Source: HAR , MLS# 38919008
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