Updated Dec 20, 2023
Compass RE Texas Acquires Katy Single-Family Home For $2.2M
2602 Sara Ridge Ln, Katy, Tx 77450, Estados Unidos
$2,200,000
$347/SF
Building Size
6,324 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2020
About this deal
AI
Located in Katy, the single-family property at 2602 Sara Ridge Lane has been sold. With a listed price of $2,200,000, the transaction was completed on 10/07/2020. The property offers a spacious living area of 6,324 square feet, resulting in a price-per-square-foot (PPSF) value of $348. The seller was represented by AJ Whitener from Compass RE Texas, LLC, while the buyer had the assistance of David Young from Douglas Elliman Real Estate.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $2,200,000
- Address: 2602 Sara Ridge Lane
- Market: Katy
- Square Footage: 6,324
- Price per Square Foot: $348
- Seller's Representative: AJ Whitener - Compass RE Texas, LLC
- Buyer's Representative: David Young - Douglas Elliman Real Estate
Players
Katy Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $347 per square foot on a published $2.2M for 6,324 square feet (2020).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93