$775,000 Last Listed Price
●
House -
Off Market
5126 Grand Phillips Lane
Katy, TX 77450
5 Beds
5 Baths
3,849 Ft²
$4,847
Est. Monthly
$96
HOA / Fees
About This Property
GORGEOUS Home in Grand Lakes offering 4 BDRM's & 4 Full Baths in
Main House + the ideal Casita providing another bedroom, full bath
& 2 closets! Beautiful heated saltwater pool & jacuzzi w/no byard
neighbors! Downstairs Primary BDRM. Formal dining, living
room + MASSIVE GMRM w/added Juliet balcony. Generous sized bdrms &
walk-in closets. Plenty of storage, windows, tall ceilings &
excellent functional space! Plantation shutters, lush landscaping,
well maintained & so much more! TX Sized 30 x 31 garage
w/extension+enough parking for 8 mid-size vehicles & a toy or 2!
Sprinkler & wtr softener sys. Replaced or improved: both HWH's in
2021, BOTH (all of it) HVAC systems in 2018 & 19, roof in 2012,
pool htr in 2019, pool lights in 2020, pool resurfaced in 2020,
motors for 4 pool features in 2024, both sides of fence in 2021.
Grand Lakes is close to everything! See photo comments!
Unit Size
3,849 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$201
Property Type
House
Property Taxes
$945
HOA Dues
$96
Year Built
2004
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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: 5 months ago (HAR #17708254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 20, 2024 | Listed by RE/MAX Compass | $775,000 | |
| Listed by RE/MAX Compass | |||
| | |||
|
GORGEOUS Home in Grand Lakes offering 4 BDRM's & 4 Full Baths in Main House + the ideal Casita providing another bedroom, full bath & 2 closets! Beautiful heated saltwater pool & jacuzzi w/no byard neighbors! Downstairs Primary BDRM. Formal dining, living room + MASSIVE GMRM w/added Juliet balcony. Generous sized bdrms & walk-in closets. Plenty of storage, windows, tall ceilings & excellent functional space! Plantation shutters, lush landscaping, well maintained & so much more! TX Sized 30 x 31 garage w/extension+enough parking for 8 mid-size vehicles & a toy or 2! Sprinkler & wtr softener sys. Replaced or improved: both HWH's in 2021, BOTH (all of it) HVAC systems in 2018 & 19, roof in 2012, pool htr in 2019, pool lights in 2020, pool resurfaced in 2020, motors for 4 pool features in 2024, both sides of fence in 2021. Grand Lakes is close to everything! See photo comments!
| |||
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About Grand Lakes
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Listed by: Greg Nino, RE/MAX Compass
Last Updated: 5 months ago
Data Source: HAR , MLS# 17708254
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Last Updated: 5 months ago
Data Source: HAR , MLS# 17708254
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