$599,000 Last Listed Price
●
House -
Off Market
6930 Terrace Ridge
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
3,065 Ft²
$3,864
Est. Monthly
$108
HOA / Fees
About This Property
MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL OFFERS BY 5:00 PM SAT
8/31/24. RARE opportunity! Beautiful 4 bedroom, 3 1/2 bath home
full of recent updates and an incredible backyard for entertaining!
Outdoor pavilion, built in 2022, with outdoor kitchen, TV, tongue
and groove stained ceilings and wall, in ceiling heaters, sparkling
pool and spa with waterfall, firepit and plenty of green space.
This home has BRAND NEW AC, new designer carpet, updated secondary
bathrooms with countertops, mirrors, plumbing fixtures, sinks, and
lighting. Open floorplan with high ceilings, plenty of natural
light and a spacious kitchen, dining and family room. Kitchen
includes island, stainless steel appliances, breakfast nook,
pantry, and home office area. Conveniently located to the Westpark
Tollroad and Grand Parkway. Walking distance to the fitness center,
pool, playground, and recreation center.
Unit Size
3,065 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$195
Property Type
House
Property Taxes
$814
HOA Dues
$108
Year Built
2004
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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 #92914020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Daniel Real Estate | $599,000 | |
| Listed by Daniel Real Estate | |||
| | |||
|
MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL OFFERS BY 5:00 PM SAT 8/31/24. RARE opportunity! Beautiful 4 bedroom, 3 1/2 bath home full of recent updates and an incredible backyard for entertaining! Outdoor pavilion, built in 2022, with outdoor kitchen, TV, tongue and groove stained ceilings and wall, in ceiling heaters, sparkling pool and spa with waterfall, firepit and plenty of green space. This home has BRAND NEW AC, new designer carpet, updated secondary bathrooms with countertops, mirrors, plumbing fixtures, sinks, and lighting. Open floorplan with high ceilings, plenty of natural light and a spacious kitchen, dining and family room. Kitchen includes island, stainless steel appliances, breakfast nook, pantry, and home office area. Conveniently located to the Westpark Tollroad and Grand Parkway. Walking distance to the fitness center, pool, playground, and recreation center.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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Listed On
Listed On
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HOA + Taxes
About Seven Meadows
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Listed by: Jennifer Arriaga, Daniel Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 92914020
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Last Updated: 5 months ago
Data Source: HAR , MLS# 92914020
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