$232,500
↓ $3K (1.1%)
●
House -
For Sale
5307 Derbyshire Drive
Katy, TX 77493
3 Beds
1 Bath,
1
Half Bath
1,540 Ft²
$1,545
Est. Monthly
$13
HOA / Fees
About This Property
Charming home located in the desirable Katyland community! This
well-maintained property features 3 bedrooms and 1.5 baths with
tile and laminate flooring throughout-no carpet. The home also
offers a new roof, ceiling fans, a spacious kitchen, and a cozy
fireplace. The garage has been thoughtfully converted into a third
bedroom along with a small office area, separate laundry room, and
private entrance, offering additional flexibility and
functionality. Enjoy relaxing in the sunroom overlooking the
backyard with privacy fencing. Conveniently located near
restaurants, shopping, and major freeways, and just a short
distance from Downtown Katy. Zoned to highly regarded Katy ISD
schools. Schedule your showing today!
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$151
Property Type
House
Property Taxes
$390
HOA Dues
$13
Year Built
1980
Listed By
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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: 22 days ago (HAR #97344061)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$232,500
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$235,000
↓ $4K
(1.7%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$239,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$250,000
↓ $15K
(5.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Disposal, Dishwasher
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1540
Architectural Style: Traditional
Year Built: 1980
Building Area Total: 1540
Construction Materials: Brick
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1446
Lot Size Units: Acres
Lot Size Acres: 0.1446
Lot Size Square Feet: 6298.776
Water Source: Public
Financial Details
Tax Annual Amount: $4,683
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $150
HOA Fee Frequency: Annually
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 Katyland
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Listed by: Bea Flores, Sovereign Real Estate Grp
Last Updated: 22 days ago
Data Source: HAR , MLS# 97344061
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Last Updated: 22 days ago
Data Source: HAR , MLS# 97344061
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