6806 Cedar Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Listed by Compass RE Texas, LLC - West Houston | $485,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 2, 2026 | Listed by Compass RE Texas, LLC - West Houston | $485,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
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Welcome to 6806 Cedar Lane, a beautiful home on a premier lot with NO MUD tax and NO HOA fees in a great Katy neighborhood. It offers a total of 4/5 bedrooms and 3.5 baths including a separate detached apartment in the back. This self-contained apartment/pool house provides the fifth bedroom and bathroom number 3, perfect for guest quarters, or multi-generational living. The two-story home showcases an open kitchen with granite countertops, pots and pans drawers, under-cabinet lighting, a walk-in pantry, and a gas cooktop. Enjoy a spacious formal dining area as well as a living area anchored by a cozy gas log fireplace and striking exposed ceiling beams. The primary bedroom offers direct access to the ensuite bath. Step outside to your private fully fenced backyard retreat, complete with an updated covered patio, an in-ground swimming pool, and an automated sprinkler system. With a detached two-car garage and zoned to Katy ISD, this home defines Old Katy convenience and charm.
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| Jun 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017