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5418 Faircreek Lane

5418 Faircreek Lane, Katy, TX 77450
House in Grand Lakes
Sold Aug 03, 2018
$379,700
$309,000 by First Service Cu
Mortgage Due Sep 01, 2050
Sold Apr 16, 2007
$312,500
$250,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2037
5418 Faircreek Lane in Katy, TX was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5418 Faircreek Lane has 3,323 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 752 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 9,605 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 676 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5418 Faircreek Lane sold most recently in Aug 1, 2018 for a total of $379,700. If you work out the math, that's approximately a cost of $114.26 per sqft. Before that, the property was also sold for $312,500 in Mar 29, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,896 in taxes each year. 5418 Faircreek Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $590,867. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $515,867. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,605
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 752
  • Total Building Area: 3,323
  • Gross Building Area: 3,323
  • Building Area: 3,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,323
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND LAKES PHASE THREE SEC 11
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND LAKES PHASE THREE SEC 11, BLOCK 1, LOT 12

Ownership

  • Current Owner : GONZALES RODOLFO
  • Current Owner 2: GONZALES LUZ DEL ROCIO
  • Previous Owner : ABST GEORGE A
  • Previous Owner 2: ABST GHADA
  • Owner Before Previous Owner: TRENDMAKER HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Katy Independent School District
  • School Tax School District: S13 G01 D01 R33
  • Census Tract: 673009

Geography

  • Assessors Map Reference: Z-021
  • Parcel: 3531-11-001-0120-914
  • Block: 1
  • Lot: 12
  • Municipality: KATY
  • Latitude: 29.716
  • Longitude: -95.7543

    Address

  • Full Address: 5418 Faircreek Ln
  • Address - House Number: 5418
  • Address - Street Name: Faircreek
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Katy
  • Carrier Code: C042
  • 4-Digit Zip Code: 6172
  • Zip Code: 77450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,896
  • Tax Rate Code Area: W18

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 630,714
  • High Value: 732,922
  • Low Value: 528,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,000
  • First Open Lien Mortgage Lender: FIRST SERVICE CU
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $309,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $590,867
  • Market Land Value: $75,000
  • Market Improvement Value: $515,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,867
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $515,867

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Transaction ID: 11500459310
  • Current Sale Price: $379,700
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2018087616
  • Previous Sale Recording Date: Apr 16, 2007
  • Previous Sale Contract Date: Mar 29, 2007
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: ECU MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 03, 2018
  • First Mortgage Loan Amount: $303,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 16, 2007
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About Grand Lakes



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,356 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5418 Faircreek Lane located in?
The 5418 Faircreek Lane is a house located in the neighborhood of Grand Lakes in Grand Lakes, Katy.
What is the average sales price for listings in 5418 Faircreek Lane?
The average sales price for units in 5418 Faircreek Lane is $0 currently.

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