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Sold 77493 Katy

5225 E 5th Street

Katy, TX 77493

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Sold

$717,001 - $827,000

Sold on January 15, 2020

2.00 Lot Acres

Lots

303 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $895K	AVM Value $523K	AVM Value $1.21M	AVM Value $1.18M
Value Range $689K - $1.10M	Value Range $366K - $680K	Value Range $895K - $1.58M	Value Range $ 1,179,558
Confidence Score 77% Margin of Error*: 23%	Confidence Score 36% Margin of Error*: 30%	Confidence Score NA	Confidence Score NA

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

REDUCED!! Perfect opportunity to own a 2 acre track in Old Katy. Turn the existing house in to an office and the shed into ware house. Run your business from there or rent. Redeveloping the track is also an option. Track has access from both ends of the property, 5th Street and from 3rd Street. High traffic road in Old Katy, Katyland Dr. and only minutes from Interstate 10. The existing structure/house can also be used to run a business, or act as a temporary office/staging center during development. The house currently has a homestead tax exemption to provide tax benefits the first year! The current shed is available for continued equipment storage during construction and development. The land could be used to build office condos, or office warehouses.

Documents

Document

MLS#

10123783

Sold Price Range

$717,001 - $827,000

Listing Status

Sold

Address

5225 E 5th Street

City

Katy

State

Zip Code

77493

County

Harris County

Subdivision

Motheral Sec 02 (View subdivision price trend)

Legal Description

LT 31 MOTHERAL SEC 2

Property Type

Lots

Lot Size

2.00 Lot Acres./Appraisal District

Key Map©

444Z

Market Area

Katy - Old Towne

Property website

Property map

Street
view

Get
directions

Gary Steuernagel Platinum

4.98 / 5 (41 surveys)

Keller Williams Realty Southwest

Call

Exterior

Lot Description

Can Be Subdivided, Level

Cable

Available

Water Sewer

Public Sewer, Public Water

Phone

Available

Electric

Electric Available

Gas

Gas Available

Road Surface

Asphalt

Unit Location

Can Be Subdivided,Level

Area Pool

Rooms

Lot Dim (F)

138

Lot Dim (B)

138

Lot Dim (L)

633

Lot Dim (R)

633

Lot information

Lot Size

87,120 Sqft./Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional, Investor

Other Fees

Maintenance Fee

Taxes w/o Exemp

$10,114/2018

Tax Rate

2.6385

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Estimated Monthly Payments

LIST PRICE

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.