NOT LISTED FOR SALE

13605 Ravensway Dr Unit A,B,C,D Cypress, TX 77429

-- Bed
-- Bath
4,386 Sq Ft
7,436 Sq Ft Lot

Last Sold September 12, 2017

8 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Patio
  • Millsap Elementary School Rated A-
  • Fireplace
  • Tile Flooring

About This Home

As of September 2017

Excellent investment opportunity in a great school of Cy-fair ISD and great location! 100% occupancy. Total 4 units of 2bd/2baths at approx 1100 sq ft per unit. combined total monthly rent is $3300/mth. Unit has spacious living room w/fireplace, Breakfast bar & Dining area, and balcony.

Last Agent to Sell the Property

Chin Loh

LV Realty & Services License #0492090 Listed on: 08/05/2017

Last Buyer's Agent

Ranjit Singh

Meridian Real Estate License #0673526

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,969

Year Built

  • Built in 1983

Lot Details

  • 7,436 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,386 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Millsap Elementary School
  • Arnold Middle School
  • Cy-Fair High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Exclusions: washer,dryer

Community Details

Overview

  • Association fees include clubhouse
  • 4 Units
  • Scs Mgmt Association
  • Ravensway Sec 01 R/P Subdivision

Recreation

  • Community Pool

Building Details

  • Operating Expense $15,711
  • Gross Income $39,600
  • Net Operating Income $23,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,969

Year Built

Built in 1983

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1983
  • Subdivision Name: Ravensway Sec 01 R/P
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:106-008-021-0006
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Balcony, Fireplace, Laminate Counters, Ceiling Fan(s)
  • Living Area: 4386.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Exclusions: washer,dryer
  • Roof: Composition
  • Pool Features: Community
  • Construction Type: Brick, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 682.0
  • Association Fee Frequency: Annually
  • Association Name: SCS mgmt

Fee Information

  • Association Fee Includes: Clubhouse

Schools

  • Elementary School: MILLSAP ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)
  • Junior High Dist: 13 - Cypress-Fairbanks
  • High School: CY-FAIR HIGH SCHOOL
  • Middle Or Junior School: ARNOLD MIDDLE SCHOOL

Green Features

  • Green Building Verification Type: Environments For Living

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6969.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39600.0
  • Property Net Operating Income: 23889.0
  • Annual Operating Expense: 15711.0

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold -- -- --
08/13/2017 08/13/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $375,000 -- $85 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 43106421

Houston Association of REALTORS®