$324,900 Last Listed Price
●
House -
Off Market
5311 Addison Hills Lane
Katy, TX 77494
2 Beds
2 Baths
1,607 Ft²
$2,407
Est. Monthly
$335
HOA / Fees
About This Property
Welcome to 5311 Addison Hills Lane in Heritage Grand, a desirable
55+ community in Cinco Ranch, Texas. This 2-bedroom, 2-bathroom
home offers a blend of elegance and modern living. The open floor
plan is filled with natural light, featuring a spacious living area
and a functional kitchen with ample counter space and modern
appliances. The primary suite is a serene retreat with a walk-in
closet and an en-suite bathroom. The second bedroom is versatile,
perfect for guests or a home office. Enjoy outdoor living on the
covered patio, overlooking a beautifully landscaped backyard. The
home includes a two-car garage for added convenience. Heritage
Grand offers a vibrant lifestyle with a full service clubhouse,
pool, fitness center, and social activities. Located in Cinco
Ranch, the home is close to shopping, dining, and entertainment.
Don't miss the opportunity to make this beautiful home yours.
Schedule a tour today!
Unit Size
1,607 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$202
Property Type
House
Property Taxes
$476
HOA Dues
$335
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: 5 months ago (HAR #9600823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $324,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
| | |||
|
Welcome to 5311 Addison Hills Lane in Heritage Grand, a desirable 55+ community in Cinco Ranch, Texas. This 2-bedroom, 2-bathroom home offers a blend of elegance and modern living. The open floor plan is filled with natural light, featuring a spacious living area and a functional kitchen with ample counter space and modern appliances. The primary suite is a serene retreat with a walk-in closet and an en-suite bathroom. The second bedroom is versatile, perfect for guests or a home office. Enjoy outdoor living on the covered patio, overlooking a beautifully landscaped backyard. The home includes a two-car garage for added convenience. Heritage Grand offers a vibrant lifestyle with a full service clubhouse, pool, fitness center, and social activities. Located in Cinco Ranch, the home is close to shopping, dining, and entertainment. Don’t miss the opportunity to make this beautiful home yours. Schedule a tour today!
| |||
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Keller Williams Realty -SW | $329,000 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
|
Embrace the active adult lifestyle of your dreams! As you step inside, you'll be welcomed by an abundance of natural light that graces the open floor plan, accentuating the generous living spaces. The open floor plan creates a welcoming atmosphere, with the kitchen seamlessly connected to the breakfast area and living room. Start your mornings on the private patio, savoring your coffee while enjoying the peaceful surroundings. This home is also equipped with a washer, dryer, and refrigerator for your convenience.
Heritage Grand, an active adult 55+ community, offers a full-service clubhouse with daily activities and features a stunning pool, gym, miniature golf, bocce ball, and basketball court. Situated in a prime location with easy access to I-10, Highway 99, and Westpark, you'll find a variety of dining and shopping options nearby.
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cinco Ranch
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Listed by: Kevin Hansel, Better Homes and Gardens Real Estate Gary Greene - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 9600823
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Last Updated: 5 months ago
Data Source: HAR , MLS# 9600823
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