$375,000 Last Listed Price
●
House -
Off Market
5227 Baron Trace Lane
Katy, TX 77494
2 Beds
2 Baths
2,131 Ft²
$379,347
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Meticulously maintained home by same owner for last 10+ years.
Popular Village builder floor plan. 2 bdrm + study with French
doors that could be a 3rd bdrm. Many unique features include: lead
glass front door, high ceilings,crown molding throughout, hardwood
floors, sprinkler system, private and extended covered patio in
back yard and painted garage floor. Owner replaced roof two
years ago and installed an outside generator (cost was appx
$18,000) after the freeze in 2021. Heritage Grand is an over 55
community with many amenities that include security, basic cable,
front lawn maintenance, area pool, tennis courts, plus recreational
facilities and club house. A two day estate sale is being planned
in the near future. Call listing agent for details. There is no
survey or sellers disclosure. Buyers will need to get their own
survey. Heritage Grand HOA requires buyers to pay a $750
Capitalization fee, 2 months maintenance assessment fee + some
minor fees at the time of closing.
Unit Size
2,131 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$176
Property Type
House
Property Taxes
$616
HOA Dues
$289
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: 6 months ago (HAR #79127902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by RE/MAX Signature | $375,000 | |
| Listed by RE/MAX Signature | |||
| | |||
|
Meticulously maintained home by same owner for last 10+ years. Popular Village builder floor plan. 2 bdrm + study with French doors that could be a 3rd bdrm. Many unique features include: lead glass front door, high ceilings,crown molding throughout, hardwood floors, sprinkler system, private and extended covered patio in back yard and painted garage floor. Owner replaced roof two years ago and installed an outside generator (cost was appx $18,000) after the freeze in 2021. Heritage Grand is an over 55 community with many amenities that include security, basic cable, front lawn maintenance, area pool, tennis courts, plus recreational facilities and club house. A two day estate sale is being planned in the near future. Call listing agent for details. There is no survey or sellers disclosure. Buyers will need to get their own survey. Heritage Grand HOA requires buyers to pay a $750 Capitalization fee, 2 months maintenance assessment fee + some minor fees at the time of closing.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Cinco Ranch
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Listed by: J.P. Bowers, RE/MAX Signature
Last Updated: 6 months ago
Data Source: HAR , MLS# 79127902
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Last Updated: 6 months ago
Data Source: HAR , MLS# 79127902
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