$340,000
↓ $10K (2.9%)
●
House -
For Sale
5602 Downie Draw Ranch Trail
Katy, TX 77493
4 Beds
3 Baths
2,788 Ft²
$2,583
Est. Monthly
$52
HOA / Fees
About This Property
Welcoming you with impressive curb appeal, this stately two-story
home offers a versatile layout designed for both everyday living
and entertaining. The thoughtfully designed floor plan includes a
full guest suite on the main level, making it an ideal option for
multigenerational households or visiting guests. The spacious
living area features soaring ceilings and abundant natural light,
creating a bright and inviting atmosphere. Upstairs, two additional
bedrooms share a full bath and are complemented by a convenient
game room that provides extra space for recreation, hobbies, or
relaxation. The home has been prepped with a dedicated electrical
outlet for a portable generator for peace of mind. Ideally situated
near a variety of shopping and dining options, this home also
offers easy access to the Grand Parkway, making daily commutes and
weekend outings a breeze. Built in 2021, this home is better than
new, move-in ready and waiting for you!
Unit Size
2,788 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$122
Property Type
House
Property Taxes
$861
HOA Dues
$52
Year Built
-
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: 8 days ago (HAR #5500659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Redfin Corporation | $350,000 | |
| Listed by Redfin Corporation | |||
| Aug 13, 2026 | Listed by Redfin Corporation | $350,000 | |
| Listed by Redfin Corporation | |||
   | |||
|
Welcoming you with impressive curb appeal, this stately two-story home offers a versatile layout designed for both everyday living and entertaining. The thoughtfully designed floor plan includes a full guest suite on the main level, making it an ideal option for multigenerational households or visiting guests. The spacious living area features soaring ceilings and abundant natural light, creating a bright and inviting atmosphere. Upstairs, two additional bedrooms share a full bath and are complemented by a convenient game room that provides extra space for recreation, hobbies, or relaxation. The home has been prepped with a dedicated electrical outlet for a portable generator for peace of mind. Ideally situated near a variety of shopping and dining options, this home also offers easy access to the Grand Parkway, making daily commutes and weekend outings a breeze. Built in 2021, this home is better than new, move-in ready and waiting for you!
| |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: 2 Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Refrigerator, Gas Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Vinyl Plank
Exterior Details
Square Footage: 2788
Architectural Style: Traditional
Year Built: 2021
Building Area Total: 2788
Construction Materials: Brick, Vinyl Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1327
Lot Size Units: Acres
Lot Size Acres: 0.1327
Lot Size Square Feet: 5780.412
Water Source: Public, Water District
Financial Details
Tax Annual Amount: $10,331
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Dog Park, Park, Picnic Area, Playground, Pond, Splash Pad
HOA Fee: $620
HOA Fee Frequency: Annually
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: Melanie Miller, Redfin Corporation
Last Updated: 8 days ago
Data Source: HAR , MLS# 5500659
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Last Updated: 8 days ago
Data Source: HAR , MLS# 5500659
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