$442,000 Last Listed Price
●
House -
Off Market
5708 Lilac Street
Katy, TX 77493
3 Beds
2 Baths,
1
Half Bath
1,802 Ft²
$2,718
Est. Monthly
About This Property
Introducing 5708 Lilac, an exquisite 3/4-bedroom, 2.5-bathroom home
nestled in the quaint old Katy neighborhood. This updated residence
exudes contemporary sophistication with granite countertops,
stylish bathroom enhancements, and fresh paint. The presence of
mature Oak trees and well-maintained landscaping enhances the
exterior ambiance of the property. Recent upgrades include a new
roof, hot water heater, bathroom fixtures, irrigation system, pool
equipment, updated electrical panel and expansive exterior garage.
The exterior has been beautifully updated to enhance curb appeal,
while the impressive four-car garage provides an additional 1000 sq
ft (approx) of garage/warehouse space for storage or hobbies.
Positioned on a half-acre corner lot, this property boasts an
expansive driveway and parking area, adding both convenience and
allure to this remarkable Katy home. Enjoy the convenience of being
within walking distance to Mary Jo Peckham Park.
Unit Size
1,802 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$245
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1970
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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 #32329391)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by 5th Stream Realty | $442,000 | |
| Listed by 5th Stream Realty | |||
| | |||
|
Introducing 5708 Lilac, an exquisite 3/4-bedroom, 2.5-bathroom home nestled in the quaint old Katy neighborhood. This updated residence exudes contemporary sophistication with granite countertops, stylish bathroom enhancements, and fresh paint. The presence of mature Oak trees and well-maintained landscaping enhances the exterior ambiance of the property. Recent upgrades include a new roof, hot water heater, bathroom fixtures, irrigation system, pool equipment, updated electrical panel and expansive exterior garage. The exterior has been beautifully updated to enhance curb appeal, while the impressive four-car garage provides an additional 1000 sq ft (approx) of garage/warehouse space for storage or hobbies. Positioned on a half-acre corner lot, this property boasts an expansive driveway and parking area, adding both convenience and allure to this remarkable Katy home. Enjoy the convenience of being within walking distance to Mary Jo Peckham Park.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Katy
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Listed by: Tara Handal, 5th Stream Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 32329391
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Last Updated: 5 months ago
Data Source: HAR , MLS# 32329391
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