$592,000 Last Listed Price
●
House -
Off Market
5118 Grand Phillips Lane
Katy, TX 77450
4 Beds
3 Baths,
1
Half Bath
3,714 Ft²
$677,509
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Location! Location! Gorgeous Grand Lakes home on huge private lot.
This striking traditional home features 4 bedrooms, 3.5 baths
and an over sized 3 car garage w/ no back neighbors. Dramatic 2
story entry and living room with a wall of windows looking onto the
beautiful and appealing dream backyard. Large island kitchen
w/ gas cooktop and plenty of cabinets opens to breakfast and
living rooms. You will love the large walk in pantry! Primary
bedroom down w/ sitting area, coffered ceiling, fantastic views,
large bath and closet. Study, formal dining, utility and
powder bath complete the downstairs. Upstairs boasts 3 over sized
bedrooms w/ walk in closets, full bath, hollywood bath
and a large gameroom. The oasis backyard has a Laguna built
pool w/ rock waterfall, spa, extensive landscaping and over
sized private lot. Plenty of parking with an epoxy floored 3
car garage, porte-cochere, wide driveway and electric gates.
Never flooded per seller. Zoned to fantastic schools!
Unit Size
3,714 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$159
Property Type
House
Property Taxes
$872
HOA Dues
$96
Year Built
2002
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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 #64360445)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Keller Williams Premier Realty | $592,000 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
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Location! Location! Gorgeous Grand Lakes home on huge private lot. This striking traditional home features 4 bedrooms, 3.5 baths and an over sized 3 car garage w/ no back neighbors. Dramatic 2 story entry and living room with a wall of windows looking onto the beautiful and appealing dream backyard. Large island kitchen w/ gas cooktop and plenty of cabinets opens to breakfast and living rooms. You will love the large walk in pantry! Primary bedroom down w/ sitting area, coffered ceiling, fantastic views, large bath and closet. Study, formal dining, utility and powder bath complete the downstairs. Upstairs boasts 3 over sized bedrooms w/ walk in closets, full bath, hollywood bath and a large gameroom. The oasis backyard has a Laguna built pool w/ rock waterfall, spa, extensive landscaping and over sized private lot. Plenty of parking with an epoxy floored 3 car garage, porte-cochere, wide driveway and electric gates. Never flooded per seller. Zoned to fantastic schools!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Grand Lakes
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Listed by: Crystal Northcutt, Keller Williams Premier Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 64360445
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Last Updated: 5 months ago
Data Source: HAR , MLS# 64360445
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