$389,900 Last Listed Price
●
House -
Off Market
6510 Cedar Lane
Katy, TX 77493
4 Beds
2 Baths
2,495 Ft²
$388,836
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Outstanding 4 bedroom, 2 bath home located in the Heart of Katy.
NEVER FLOODED! NO MUD! NO HOA. Great floor plan with
both a living room offering a wall of built-ins and a fireplace
that opens to the dining room. Next you will find the family
room with a breakfast bar opening to the large island kitchen.
Open next to the breakfast room with a built-in desk area and
a door the the patio with an extendable awning that overlooks the
huge fully fenced backyard and offers access to the 2 car garage
and car port. Spacious primary and primary bath with a jetted
tub, separate shower, double sinks and a large walk-in closet.
Home is priced knowing that all of the flooring needs to be
replaced. Put you own finishing touches on this one and make
it your dream home. Roof less than 5 yrs., A/C less than a year
old, sprinkler system with new control panel.
Unit Size
2,495 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$156
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1993
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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 #92381153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by RE/MAX Grand | $389,900 | |
| Listed by RE/MAX Grand | |||
| | |||
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Outstanding 4 bedroom, 2 bath home located in the Heart of Katy. NEVER FLOODED! NO MUD! NO HOA. Great floor plan with both a living room offering a wall of built-ins and a fireplace that opens to the dining room. Next you will find the family room with a breakfast bar opening to the large island kitchen. Open next to the breakfast room with a built-in desk area and a door the the patio with an extendable awning that overlooks the huge fully fenced backyard and offers access to the 2 car garage and car port. Spacious primary and primary bath with a jetted tub, separate shower, double sinks and a large walk-in closet. Home is priced knowing that all of the flooring needs to be replaced. Put you own finishing touches on this one and make it your dream home. Roof less than 5 yrs., A/C less than a year old, sprinkler system with new control panel.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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About Katy
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Listed by: Dixie Hightower, RE/MAX Grand
Last Updated: 4 months ago
Data Source: HAR , MLS# 92381153
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Last Updated: 4 months ago
Data Source: HAR , MLS# 92381153
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