Directions Drive Time

Ready to sell your home?

If you like this property and are also considering selling your current home, you may find out how now. Request your home selling analysis featuring Recently Sold, Market Analysis, Home Valuations and Market Update.

Get Started

General Description

minimize

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.

MLS#:

10123783 (HAR)

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 Acres /Appraisal District

Key Map©:

444Z

Market Area:

Katy - Old Towne

Rooms/Lot Dimensions

Lot Dim (F):

138

Lot Dim (B):

138

Lot Dim (L):

633

Lot Dim (R):

633

Exterior Features

Lot Description:

Can Be Subdivided, Level

Water Sewer:

Public Sewer, Public Water

Cable:

Available

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Asphalt

Unit Location:

Can Be Subdivided, Level

Area Pool:

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.

Financial Information

Financing Considered:

Cash Sale, Conventional, Investor

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$10, 114/2018

Tax Rate:

2.6385

Selling Agent and Brokerage

minimize

Selling Agent

Tanesha McKinley

Click to view phone

Selling Broker

Premier Properties

20212 Champion Forest 700-130
Spring, TX 77379

Want to know how much is this home worth?

Request Home Value

Property Tax

minimize

Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$1,179,558	35.73%	$1,179,558	35.73%
2022	$--	$869,027	33.73%	$869,027	33.73%
2021	$--	$649,857	0.49%	$649,857	40.11%
2020	$--	$646,707	0.00%	$463,821	10.00%
2019	$--	$646,707	35.10%	$421,656	10.00%
2018	$--	$478,705	0.00%	$383,324	10.00%
2017	$--	$478,705	0.00%	$348,477	10.00%
2016	$--	$478,705	23.70%	$316,798	10.00%
2015	$--	$386,995	47.81%	$287,999	10.00%
2014	$--	$261,818	0.00%	$261,818	0.00%
2013	$--	$261,818	0.00%	$261,818	0.00%
2012	$--	$261,818		$261,818

2023 Harris County Appraisal District Tax Value

Market Land Value:	$1,045,440
Market Improvement Value:	$134,118
Total Market Value:	$1,179,558

harris County Appraisal District

2023 Tax Rates

KATY ISD:	1.1194 %
HARRIS COUNTY:	0.3501 %
HC FLOOD CONTROL DIST:	0.0311 %
PORT OF HOUSTON AUTHORITY:	0.0057 %
HC HOSPITAL DIST:	0.1434 %
HC DEPARTMENT OF EDUCATION:	0.0048 %
CITY OF KATY:	0.4300 %
Total Tax Rate:	2.0845 %

Estimated Mortgage/Tax

minimize

$5,104 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 3,055
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 2,0492,049
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

minimize

2023 Subdivision Facts

Subdivision Name:

Motheral

County / Zip Code:

77493

Single Family Properties:

Average Bedrooms:

3.16

Average Baths:

2.08

Median Square Ft.:

1,552

Median Lot Square Ft.:

19,940

Median Year Built:

1961

Median Appraised Value:

$322,716

Neighborhood Value Range:

$177 - $579 K

Median Price / Square ft.:

$188.32

View Price Trends for Motheral

Schools

minimize

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.