$405,000 Last Listed Price
●
House -
Off Market
5326 Colonial Park Lane
Katy, TX 77494
3 Beds
2 Baths,
1
Half Bath
2,627 Ft²
$455,808
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This exceptional 3 bedroom home is located in Heritage Grand, a
55+community in Cinco Ranch, an award-wining master planned
community. Among the MANY amenities of HG: large clubhouse,
complete gym, heated pool, & 18-hole putting green. HOA fee
includes front yard maintenance, basic cable, security alarm
system, access to pool, gym,& activities in the club house. Lights
in the home were replaced with LED fixtures. Plantation shutters
are in the living and breakfast rooms. Windows are double paned.
The front door is leaded glass & has a RING doorbell.
Showerheads & toilets have been replaced. The study is large
with a built in bookcase. Master suite has 2 walk in closets. A
custom designed utility room has excellent storage, pedestal washer
and dryer. The spacious living area has a gas fireplace & wonderful
natural light. The kitchen has a walk-in pantry, elevated
Bosch dishwasher, stainless refrigerator, double ovens & granite
countertops. This comfortable home is move in ready!
Unit Size
2,627 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$154
Property Type
House
Property Taxes
$770
HOA Dues
$276
Year Built
2006
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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 #22296453)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by The Blackwell Properties Group | $405,000 | |
| Listed by The Blackwell Properties Group | |||
| | |||
|
This exceptional 3 bedroom home is located in Heritage Grand, a 55+community in Cinco Ranch, an award-wining master planned community. Among the MANY amenities of HG: large clubhouse, complete gym, heated pool, & 18-hole putting green. HOA fee includes front yard maintenance, basic cable, security alarm system, access to pool, gym,& activities in the club house. Lights in the home were replaced with LED fixtures. Plantation shutters are in the living and breakfast rooms. Windows are double paned. The front door is leaded glass & has a RING doorbell. Showerheads & toilets have been replaced. The study is large with a built in bookcase. Master suite has 2 walk in closets. A custom designed utility room has excellent storage, pedestal washer and dryer. The spacious living area has a gas fireplace & wonderful natural light. The kitchen has a walk-in pantry, elevated Bosch dishwasher, stainless refrigerator, double ovens & granite countertops. This comfortable home is move in ready!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Cinco Ranch
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Listed by: Mary Wells, The Blackwell Properties Group
Last Updated: 6 months ago
Data Source: HAR , MLS# 22296453
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Last Updated: 6 months ago
Data Source: HAR , MLS# 22296453
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