$400,000 Last Listed Price
●
House -
Off Market
6423 Tea Tree Drive
Katy, TX 77494
4 Beds
2 Baths,
1
Half Bath
2,580 Ft²
$398,512
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Beautiful home that attends award winning Katy ISD schools. Home
has both covered front porch and back patio. As you enter the
home there are soaring ceiling in the main living area that
features a gas log fireplace. The huge open concept kitchen
features SS appliances, breakfast bar, recessed lighting, 42 inch
cabinets, granite countertops, and tile floor. The home is
energy efficient with LP Tech Shield, radiant Barrier, 16 SEER
Trane A/C, touch screen thermostat and security system.
Upstairs there is a Game Room for and extra living space for
your enjoyment. Close to area shopping, grocery stores,
restaurants, Westpark Toll Rd, and area schools. Microwave and
dishwasher replaced in 2023 and water heater in 2018. Have fun at
the neighborhood Community pool and area parks.
Unit Size
2,580 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$155
Property Type
House
Property Taxes
$580
HOA Dues
$63
Year Built
2012
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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 #73702775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by BHGRE Gary Greene | $400,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Beautiful home that attends award winning Katy ISD schools. Home has both covered front porch and back patio. As you enter the home there are soaring ceiling in the main living area that features a gas log fireplace. The huge open concept kitchen features SS appliances, breakfast bar, recessed lighting, 42 inch cabinets, granite countertops, and tile floor. The home is energy efficient with LP Tech Shield, radiant Barrier, 16 SEER Trane A/C, touch screen thermostat and security system. Upstairs there is a Game Room for and extra living space for your enjoyment. Close to area shopping, grocery stores, restaurants, Westpark Toll Rd, and area schools. Microwave and dishwasher replaced in 2023 and water heater in 2018. Have fun at the neighborhood Community pool and area parks.
| |||
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 Westheimer Lakes North
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Listed by: Savanna Stanford, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 73702775
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Last Updated: 5 months ago
Data Source: HAR , MLS# 73702775
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