$425,000 Last Listed Price
●
House -
Off Market
5218 Addison Hills Lane
Katy, TX 77494
2 Beds
2 Baths
2,317 Ft²
$422,349
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Charming 2/3 bed, 2 bath home. Nestled in the highly sought after
Heritage Grand 55+ active adult community, this well-maintained gem
exudes comfort and style. Enjoy a spacious layout with versatile
rooms, perfect for a third bedroom or a home office. Natural light
dances through large windows, highlighting the inviting living
spaces. A modern kitchen offers both functionality and elegance
with granite counters and center island. Step outside to a serene
patio, where relaxation and outdoor gatherings await. With access
to Heritage Grand's exceptional amenities, including social clubs,
fitness facilities, pool, pickleball courts, miniture golf, bocce
ball and more. This residence promises an enriching and
vibrant resort like lifestyle. Experience the perfect blend of
comfort and community in this highly acclaimed 55+ active adult
community. In the heart of Cinco Ranch close to La Centera
with lots of dining and shopping options.
Unit Size
2,317 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$183
Property Type
House
Property Taxes
$680
HOA Dues
$313
Year Built
2008
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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: 4 months ago (HAR #58641256)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by BHGRE Gary Greene | $425,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Charming 2/3 bed, 2 bath home. Nestled in the highly sought after Heritage Grand 55+ active adult community, this well-maintained gem exudes comfort and style. Enjoy a spacious layout with versatile rooms, perfect for a third bedroom or a home office. Natural light dances through large windows, highlighting the inviting living spaces. A modern kitchen offers both functionality and elegance with granite counters and center island. Step outside to a serene patio, where relaxation and outdoor gatherings await. With access to Heritage Grand's exceptional amenities, including social clubs, fitness facilities, pool, pickleball courts, miniture golf, bocce ball and more. This residence promises an enriching and vibrant resort like lifestyle. Experience the perfect blend of comfort and community in this highly acclaimed 55+ active adult community. In the heart of Cinco Ranch close to La Centera with lots of dining and shopping options.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cinco Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kevin Hansel, BHGRE Gary Greene
Last Updated: 4 months ago
Data Source: HAR , MLS# 58641256
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58641256
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