$495,000 Last Listed Price
●
House -
Off Market
7406 Hanover Lane
Katy, TX 77493
4 Beds
3 Baths
2,683 Ft²
$3,922
Est. Monthly
$163
HOA / Fees
About This Property
INCREDIBLE 4 bed, 3 bath brick home nestled on a corner lot in the
amenity-rich Master Planned Community of Cane Island. Features
include mature landscaping, soaring ceilings, hard surface floors
throughout, and large windows providing ample natural light. The
single-story home boasts a dedicated home office, main-level game
room, spacious living room with vaulted ceiling and wall of
windows, open dining area, dream kitchen with custom backsplash,
gorgeous counters, rich cabinetry, stainless appliances, huge
center island with seating, and walk-in pantry. The primary bedroom
is a true retreat with large windows overlooking the backyard, a
custom walk-in closet, and a private spa-like bath. Three
generous-sized secondary bedrooms, two full baths, and an oversized
laundry room round out the interior. The fully fenced backyard and
covered patio are perfect for outdoor gatherings or relaxation.
Experience the exceptional lifestyle Cane Island offers-this home
is not to be missed!
Unit Size
2,683 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$184
Property Type
House
Property Taxes
$1,328
HOA Dues
$163
Year Built
-
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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 #61000467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Relisted | $495,000 | |
| Relisted | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Orchard Brokerage | $495,000 | |
| Listed by Orchard Brokerage | |||
| | |||
|
INCREDIBLE 4 bed, 3 bath brick home nestled on a corner lot in the amenity-rich Master Planned Community of Cane Island. Features include mature landscaping, soaring ceilings, hard surface floors throughout, and large windows providing ample natural light. The single-story home boasts a dedicated home office, main-level game room, spacious living room with vaulted ceiling and wall of windows, open dining area, dream kitchen with custom backsplash, gorgeous counters, rich cabinetry, stainless appliances, huge center island with seating, and walk-in pantry. The primary bedroom is a true retreat with large windows overlooking the backyard, a custom walk-in closet, and a private spa-like bath. Three generous-sized secondary bedrooms, two full baths, and an oversized laundry room round out the interior. The fully fenced backyard and covered patio are perfect for outdoor gatherings or relaxation. Experience the exceptional lifestyle Cane Island offers—this home is not to be missed!
| |||
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Listed by: Ashley Warren, Orchard Brokerage
Last Updated: 4 months ago
Data Source: HAR , MLS# 61000467
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61000467
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