NOT LISTED FOR SALE

705 Ocean Palms Dr Katy, TX 77493

Estimated Value: $398,229

3 Beds
2.5 Baths
2,270 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 29, 2023

Current estimated payment $3,025/month

Highlights

  • New Construction
  • Contemporary Architecture
  • High Ceiling
  • Katy High School Rated A
  • Corner Lot
  • Game Room

About This Home

As of November 2023

THE PROPERTY IS IN A GATED SECTION OF SUNTERRA CRYSTAL LAGOON IN KATY.
Just 5 5-minute walk to Future Crystal Lagoon & Elementary School.
3 bedrooms + 2.5 baths + STUDY. The study room/home office is on the 1st floor and can turn into the 4th bedroom if needed.
Large game room/ sitting area upstairs for extra entertaining area. High Ceilings, Vinyl Plank Wood-Look Flooring. The kitchen is opened to the living room. Very high ceiling. Open Concept Interior Design with Island Kitchen Open to Spacious Dining and Living Area !!!
Stainless Appliances, Gas Cooktop, Dark Grey Quartz countertops & 42" cabinets. Primary Bath with separate tub and shower, Tankless Water Heater & Full Sprinkler System. SUNTERRA is fast-growing community with so many amenities that make your living an everyday vacation: Crystal Lagoon, Lazy River, Tennis courts, Dog parks, Playgrounds, Footballs,Swimming pools, Event lawns, Commercial areas...& so much more.
DO NOT MISS OUT THIS GREAT HOME !!!

Last Agent to Rent the Property

Bijou Tran

Keller Williams Premier Realty License #0790950 Listed on: 09/30/2023

Keller Williams Premier Realty

Last Renter's Agent

Bijou Tran

Keller Williams Premier Realty License #0790950 Listed on: 09/30/2023

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,275

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,271 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Game Room
  • Attic Fan
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Ventilation

Schools

  • Robertson Elementary School
  • Haskett Junior High School
  • Katy High School

Utilities

  • Central Heating and Cooling System
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Property Available on 9/30/23
  • Long Term Lease

Community Details

Overview

  • Sunterra Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,275

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2023-09-30

Listing Details

  • Directions: Use I-10 , Take Exit 739 toward Cane Island Pkwy, then turn to Pitts, then Clay, then go to Sunterra Community. Property is in Gated section
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2023
  • Lot Size Acres: 0.121
  • Subdivision Name: SUNTERRA
  • Architectural Style: Contemporary/Modern, Detached
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Appliances, Doors, HVAC, Thermostat, Water Heater, Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, ENERGY STAR Qualified Appliances, Instant Hot Water, Tankless Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Double Vanity, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Tub Shower, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 2270.0
  • Dining Room Type: Game Room, Living Room, Office
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Disclosures: None, Section 8 Approved
  • Lot Features: Corner Lot
  • Pool Private: No
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System Owned, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Attic Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric, Geothermal
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Pets Allowed: No

Schools

  • Elementary School: ROBERTSON ELEMENTARY SCHOOL (KATY)
  • Junior High Dist: 30 - Katy
  • High School: KATY HIGH SCHOOL
  • Middle Or Junior School: HASKETT JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Sep 26, 2023
Sold by
Devon Bank
Bought by
Moid Abdul and Raoof Habeeba
Seller's Agent
Bijou Tran
Keller Williams Premier Realty
Buyer's Agent
Bijou Tran
Keller Williams Premier Realty
Total Days on Market
7
Views
9
Current Estimated Value
$398,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%
Original Mortgage
$777,854
Outstanding Balance
$765,995
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
-$371,969
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moid Abdul -- First American Title (Fat / Fa
Devon Bank -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moid Abdul $777,854
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Rented $3,333 -4.8% --
10/08/2023 10/08/23 Under Contract -- -- --
10/06/2023 10/06/23 Price Changed $3,500 +6.1% $2 / Sq Ft
09/30/2023 09/30/23 For Rent $3,300 0.0% --
09/29/2023 09/29/23 Sold -- -- --
08/29/2023 08/29/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $399,990 -1.5% $186 / Sq Ft
06/14/2023 06/14/23 For Sale $405,990 -- $189 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,275 $59,400 $59,400 --
2022 -- $59,400 $59,400 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 98375911

Houston Association of REALTORS®

APN: 263425