$292,000 Last Listed Price
●
House -
Off Market
5315 Addison Hills Lane
Katy, TX 77494
3 Beds
2 Baths
1,878 Ft²
$337,484
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Welcome home to this wonderfully maintained three bedroom, two-bath
home featuring a private study with double French doors, a casual
dining area, and a spacious open living room. Gleaming hardwood
floors, fresh custom paint, and lots of natural light offer a great
place for entertaining and family gatherings. The kitchen with
white cabinets and granite counters features 42" cabinets,
stainless appliances, and a breakfast bar. Large master retreat
offers privacy at the back of the home with dual sinks, a soaking
tub, and a separate shower. Outside find a lovely, covered side
patio and fenced back yard. New water heater and AC Compressor.
Heritage Grand is a 55+ Gated Active Adult Community in the heart
of Cinco Ranch. Close to shopping, restaurants, and activities. The
neighborhood offers residents many amenities including a clubhouse,
pool, putting green, and walking trails throughout!
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$155
Property Type
House
Property Taxes
$548
HOA Dues
$276
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 #22864791)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by Champions NextGen Real Estate | $379,900 | |
| Listed by Champions NextGen Real Estate | |||
   | |||
|
Welcome to this beautifully maintained 3-bedroom, 2-bath home in the gated 55+ community of Heritage Grand at Cinco Ranch. Features include a private study with French doors, open-concept living and dining areas, engineered hardwood floors, plantation shutters, solar screens, and fresh paint. The kitchen offers white custom cabinets, granite countertops, stainless steel appliances, and a breakfast bar. The primary suite provides a peaceful retreat with dual vanities, a soaking tub, and a separate shower. Enjoy outdoor living on the covered side patio and in the fenced backyard. Additional highlights include an epoxy-coated garage floor and great natural light throughout. Heritage Grand offers a clubhouse, resort-style pool, putting green, fitness center, and walking trails. Located near shopping, dining, and daily conveniences, this home blends comfort, style, and community living in one of Katy’s most desirable active adult neighborhoods.
| |||
| Jul 14, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Keller Williams Premier Realty | $292,000 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
|
Welcome home to this wonderfully maintained three bedroom, two-bath home featuring a private study with double French doors, a casual dining area, and a spacious open living room. Gleaming hardwood floors, fresh custom paint, and lots of natural light offer a great place for entertaining and family gatherings. The kitchen with white cabinets and granite counters features 42” cabinets, stainless appliances, and a breakfast bar. Large master retreat offers privacy at the back of the home with dual sinks, a soaking tub, and a separate shower. Outside find a lovely, covered side patio and fenced back yard. New water heater and AC Compressor. Heritage Grand is a 55+ Gated Active Adult Community in the heart of Cinco Ranch. Close to shopping, restaurants, and activities. The neighborhood offers residents many amenities including a clubhouse, pool, putting green, and walking trails throughout!
| |||
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About Cinco Ranch
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Listed by: Laura Hughes, Keller Williams Premier Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 22864791
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Last Updated: 5 months ago
Data Source: HAR , MLS# 22864791
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