$648,900 Last Listed Price
●
House -
Off Market
5635 Morton Road
Katy, TX 77493
4 Beds
3 Baths,
1
Half Bath
3,365 Ft²
$749,977
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Magnificent fully remodeled Home with 1.3 Acres in the sought-after
City of Katy, offers Sophisticated modern details, Old world charm,
luxury, and open concepts for entertaining and easy living. Gourmet
kitchen with tons of cabinetry, designer granite tops, and
island-facing family area. Incredible Primary suite with lavish
spa-like master bath and one-of-a-kind custom vanities. Huge Shower
and oversized jacuzzi tub. The office is fully equipped with
cabinetry for tons of storage. The closet is large enough for a
queen. 2nd Master and other bedrooms located on 2nd floor. For your
outdoor relaxation enjoy the pool and summer kitchen on a nice
landscaped backyard paradise. 3.5 Car Garage with 2nd-floor
storage. Zone to Katy High School and minutes from Grand Parkway,
I-10, and Katy Mills Mall. Perfect custom home ready for immediate
move-in!
Unit Size
3,365 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #84961043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by eXp Realty, LLC | $648,900 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Magnificent fully remodeled Home with 1.3 Acres in the sought-after City of Katy, offers Sophisticated modern details, Old world charm, luxury, and open concepts for entertaining and easy living. Gourmet kitchen with tons of cabinetry, designer granite tops, and island-facing family area. Incredible Primary suite with lavish spa-like master bath and one-of-a-kind custom vanities. Huge Shower and oversized jacuzzi tub. The office is fully equipped with cabinetry for tons of storage. The closet is large enough for a queen. 2nd Master and other bedrooms located on 2nd floor. For your outdoor relaxation enjoy the pool and summer kitchen on a nice landscaped backyard paradise. 3.5 Car Garage with 2nd-floor storage. Zone to Katy High School and minutes from Grand Parkway, I-10, and Katy Mills Mall. Perfect custom home ready for immediate move-in!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Katy
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Listed by: Rachel Gonzalez-Dunham, eXp Realty, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 84961043
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Last Updated: 4 months ago
Data Source: HAR , MLS# 84961043
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