$425,000 Last Listed Price
●
House -
Off Market
5238 Katy Arbor Lane
Katy, TX 77494
3 Beds
3 Baths,
1
Half Bath
2,808 Ft²
$2,422
Est. Monthly
$335
HOA / Fees
About This Property
Welcome to this charming home in a vibrant 55+ ACTIVE LIVING
COMMUNITY in the highly-coveted master-planned community of Cinco
Ranch! This spacious residence features three bedrooms, each with
its own en suite bathroom, ensuring comfort and privacy for
everyone. Enjoy the convenience of two bedrooms and full bathrooms
located on the main floor, while the expansive upstairs bedroom
offers versatility as a guest suite, grandkid playroom, game room,
media room, or additional storage. The main level also includes new
oak luxury vinyl floors, new carpet in the bedrooms, a private
study and a formal dining room, perfect for entertaining. With ~85%
of the living space on the first floor, this home is designed for
easy living and accessibility. Don't miss the opportunity to
embrace a fulfilling lifestyle in this wonderful community!
Unit Size
2,808 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
$335
Year Built
-
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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 #14614959)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Compass RE Texas, LLC - Katy | $425,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome to this charming home in a vibrant 55+ ACTIVE LIVING COMMUNITY in the highly-coveted master-planned community of Cinco Ranch! This spacious residence features three bedrooms, each with its own en suite bathroom, ensuring comfort and privacy for everyone. Enjoy the convenience of two bedrooms and full bathrooms located on the main floor, while the expansive upstairs bedroom offers versatility as a guest suite, grandkid playroom, game room, media room, or additional storage. The main level also includes new oak luxury vinyl floors, new carpet in the bedrooms, a private study and a formal dining room, perfect for entertaining. With ~85% of the living space on the first floor, this home is designed for easy living and accessibility. Don’t miss the opportunity to embrace a fulfilling lifestyle in this wonderful community!
| |||
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 Cinco Ranch
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Listed by: Jamie McMartin, Compass RE Texas, LLC - Katy
Last Updated: 4 months ago
Data Source: HAR , MLS# 14614959
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Last Updated: 4 months ago
Data Source: HAR , MLS# 14614959
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