See Home Value
$1,143,902*
Land - Off Market

5225 E 5th Street

Katy, TX 77493
bedrooms
Studio
bathrooms
0 Bath
$720,000 - $878,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

REDUCED!! Perfect opportunity to own a 2 acre track in Old Katy. Turn the existing house in to an office and the shed into ware house. Run your business from there or rent. Redeveloping the track is also an option. Track has access from both ends of the property, 5th Street and from 3rd Street. High traffic road in Old Katy, Katyland Dr. and only minutes from Interstate 10. The existing structure/house can also be used to run a business, or act as a temporary office/staging center during development. The house currently has a homestead tax exemption to provide tax benefits the first year! The current shed is available for continued equipment storage during construction and development. The land could be used to build office condos, or office warehouses.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$843
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Mar 10, 2020 No longer available -
No longer available
Jan 15, 2020 Sold $760,000
Sold
Oct 2, 2019 Price Decreased $799,925
↓ $50K (5.9%)
Price Decreased
Jul 2, 2019 Price Decreased $850,000
↓ $50K (5.6%)
Price Decreased
Jan 20, 2019 Listed $900,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$760,000 Jan 20, 2019
$684,000 - $836,000 Jan 15, 2020
$843/mo
House
4 Beds
4 Baths
3,251 ft²
$600,000 Mar 8, 2023
$540,000 - $660,000 Jul 7, 2023
$946/mo
Multifamily
2 Beds
1 Bath
3,456 ft²
$217/ft²
$750,000 Jan 15, 2024
-
$698/mo
House
5 Beds
4 Baths
3,291 ft²
$205/ft²
$675,000 Jan 12, 2024
-
$821/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190120
01/20/2019
Loft
-
-
$799,925
bedrooms
Loft
bathrooms
-
$760,000 -4.99%
01/15/2020
-
Gary Steuernagel
Keller Williams Realty -SW

Building Info

5225 East 5th Street 5225 East 5th Street, Katy, TX 77493
More about this Building
5225 East 5th Street
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About Shadow Glenn


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