$615,000 Last Listed Price
●
House -
Off Market
5402 Faircreek Lane
Katy, TX 77450
4 Beds
3 Baths,
1
Half Bath
4,198 Ft²
$677,549
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Welcome home to 5402 Faircreek! With over $100k in professional
structural, big-ticket, cosmetic, & mechanical updates, this custom
Trendmaker home in Grand Lakes is an absolute gem. The oversized
quarter-acre cul-de-sac lot fit for a private pool & spa or even
lush garden & landscaping. ZERO back neighbors too! French Country
meets Texas accents, this home boasts a unique & consistent theme
that is sure to drop jaws. No stone has been left unturned. $80k of
the updates includes the extended porte cochere & slab, automatic
privacy gate & fencing, custom outdoor kitchen with gas line, and
new tankless water heater. Along with these updates, the little
details matter, with a pre-wired surround in the media room, the
hidden-door bookshelf closet, plantation shutters throughout,
hardwired ethernet ports in each room, wide-plank oak floors,
crown-molding & upgraded baseboards throughout...the list goes on!
Be on the look out for our upgrades list at the open house and
you'll see.
Unit Size
4,198 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$147
Property Type
House
Property Taxes
$975
HOA Dues
$96
Year Built
2008
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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 #37626655)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2021 | Sold | ||
| Sold | |||
| Nov 2, 2021 | Listed by Keller Williams Houston | $615,000 | |
| Listed by Keller Williams Houston | |||
| | |||
|
Welcome home to 5402 Faircreek! With over $100k in professional structural, big-ticket, cosmetic, & mechanical updates, this custom Trendmaker home in Grand Lakes is an absolute gem. The oversized quarter-acre cul-de-sac lot fit for a private pool & spa or even lush garden & landscaping. ZERO back neighbors too! French Country meets Texas accents, this home boasts a unique & consistent theme that is sure to drop jaws. No stone has been left unturned. $80k of the updates includes the extended porte cochère & slab, automatic privacy gate & fencing, custom outdoor kitchen with gas line, and new tankless water heater. Along with these updates, the little details matter, with a pre-wired surround in the media room, the hidden-door bookshelf closet, plantation shutters throughout, hardwired ethernet ports in each room, wide-plank oak floors, crown-molding & upgraded baseboards throughout...the list goes on! Be on the look out for our upgrades list at the open house and you'll see.
| |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Grand Lakes
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Listed by: Roland Rasos, Keller Williams Houston
Last Updated: 6 months ago
Data Source: HAR , MLS# 37626655
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Last Updated: 6 months ago
Data Source: HAR , MLS# 37626655
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