$795,000 Last Listed Price
●
House -
Off Market
6301 Morton Road
Katy, TX 77493
5 Beds
4 Baths
4,976 Ft²
$830,668
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
MOTIVATED SELLER. Custom built home, fully remodeled in the highly
desirable area of Old Katy on .64 acres. NO HOA or MUD. Low tax
rate. Katy schools. 2 story with 5 bedrooms down, 4 bathrooms.
Double wide circular driveway. 2 car oversized garage.
Granite countertops in kitchen and bathrooms. Oversized
bedrooms with large closets and built-ins. Crown molding throughout
this amazing home. Covered porch AND Large patio. There's a
secondary bedroom with large shower (jr suite) Sprinkler system.
Both a/c's 3 years old. Master bath is a must see with walk-thru
shower and tub, double sinks. Backyard is big enough to design your
own tropical paradise and still have plenty of room for the kids to
play. Home has never flooded. Country living in the city and zoned
to highly acclaimed Katy High School.
Unit Size
4,976 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$160
Property Type
House
Property Taxes
$1,379
HOA Dues
-
Year Built
1983
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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 #23483835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by JPAR-The Sears Group | $795,000 | |
| Listed by JPAR-The Sears Group | |||
| Aug 11, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Listed | $374,400 | |
| Listed | |||
| | |||
|
MOTIVATED SELLER. Custom built home in the highly desirable area of Old Katy on .64 acres. NO HOA or MUD. Low tax rate. Katy schools. 1 story with 4 bedrooms, 3.5 bathrooms. Double circular driveway. 2 car oversized garage. Detached carport is just perfect for your boat, etc. Granite countertops in kitchen and bathrooms. The closets are large and have built-ins. Stained crown molding throughout this amazing home. Covered porch AND patio. There's a secondary bedroom with its own full bath. Sprinkler system. Both a/c's were replaced April 2014. Master bath has separate shower and whirlpool tub, double sinks. Backyard is big enough to design your own tropical paradise and still have plenty of room for the kids to play. Home has never flooded. Country living in the city and zoned to highly acclaimed Katy High School. The manager has listed the unit size as 2985 square feet.
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Katy
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Listed by: Jennifer Voskuhl, JPAR-The Sears Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 23483835
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Last Updated: 5 months ago
Data Source: HAR , MLS# 23483835
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