$585,589 - $682,000
RENTED FEB 16, 2025

5442 Faircreek Ln Katy, TX 77450

Grand Lakes Neighborhood
5 Beds
4.5 Baths
3,394 Sq Ft
$186 Price per Sq Ft

Highlights

  • Engineered Wood Flooring
  • 1 Fireplace
  • Furnished
  • Roosevelt Alexander Elementary School Rated A
  • High Ceiling
  • Community Pool

About This Home

As of February 2025

Nestled in the vibrant Grand Lakes subdivision, this charming 2-story home boasts 4-5 bedrooms, 4.5 baths, a Dining Room, high ceilings, and a game room. The open-concept floor plan floods the space with natural light, while the large backyard with ample outdoor space. Oversized 2 car garage, sprinkler system. Island Kitchen, Granite Counters, Master Suite Downstairs, 2nd Bedroom Downstairs, No Backyard Neighbors, Quiet street with good neighbors, House has a softener installed, Miles of Trails around! Enjoy the neighborhood's great amenities and convenient location near major highways, shopping, and dining. They are zoned to award-winning Katy schools (Roosevelt Alexander Elementary School, Beckendorff Junior High School, and Seven Lakes High School). Biking/walking distance to elementary school.

Last Agent to Rent the Property

Sachin Jain

Sachin Jain License #0646906 Listed on: 11/25/2024

Last Renter's Agent

Noriko Dowrey

World Wide Realty,LLC License #0622520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,575

Year Built

  • Built in 2006

Lot Details

  • 9,490 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,394 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • 1 Fireplace
  • Security System Owned
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Alexander Elementary School
  • Beckendorff Junior High School
  • Seven Lakes High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • No Utilities

Listing and Financial Details

  • Property Available on 11/24/24
  • Long Term Lease

Community Details

Overview

  • Grand Lakes Ph Three Sec 11 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,575

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2024-11-24

Listing Details

  • Directions: Inside the Grand Lakes Subdivision Phase 3
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2006
  • Lot Size Acres: 0.2179
  • Subdivision Name: Grand Lakes Ph Three Sec 11
  • Architectural Style: Detached
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Trash Compactor
  • Furnished: Furnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Tile
  • Interior Amenities: High Ceilings, Kitchen Island
  • Living Area: 3394.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Lot Features: Street Level
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Utilities: None
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security System Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: ALEXANDER ELEMENTARY SCHOOL (KATY)
  • Junior High Dist: 30 - Katy
  • High School: SEVEN LAKES HIGH SCHOOL
  • Middle Or Junior School: BECKENDORFF JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2011
Sold by
Kim Hansung and Hong Jayoung
Bought by
Jain Nikhil and Jain Ritu
Current Estimated Value
$631,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$139,525
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,872

Purchase Details

Closed on
May 25, 2007
Sold by
David Powers Homes S T Ltd
Bought by
Kim Hansung and Hong Jayoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2006
Sold by
Tmi Inc
Bought by
David Powers Homes S T Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,355
Interest Rate
6.78%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jain Nikhil -- Chicago Title Insurance Co
Kim Hansung -- None Available
Jain Nikhil -- --
David Powers Homes S T Ltd -- Powers Title
Jain Nikhil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Nikhil $95,600
Open Jain Nikhil $200,000
Previous Owner Jain Nikhil $276,000
Previous Owner Jain Nikhil $258,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2025 02/16/25 Rented $3,350 0.0% --
02/08/2025 02/08/25 Under Contract -- -- --
11/25/2024 11/25/24 For Rent $3,350 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,575 $526,955 $48,455 $478,500
2023 $8,834 $479,050 $0 $510,230
2022 $9,528 $435,500 $0 $443,850
2021 $9,923 $395,910 $75,000 $320,910
2020 $9,296 $366,420 $75,000 $291,420
2019 $10,297 $383,700 $75,000 $308,700
2018 $7,726 $295,330 $75,000 $220,330
2017 $10,364 $394,980 $75,000 $319,980
2016 $11,074 $422,040 $75,000 $347,040
2015 $7,358 $392,960 $75,000 $317,960
2014 $7,127 $369,050 $75,000 $294,050
Source: Public Records

Agents Affiliated with this Home

  • Sachin Jain

    Landlord's Agent in 2025

    Sachin Jain

    Sachin Jain

    (713) 847-6666

    3 in this area

    51 Total Sales

    Sachin Jain
    Section Image

  • N

    Tenant's Agent in 2025

    Noriko Dowrey

    World Wide Realty,LLC

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 69601887

Houston Association of REALTORS®

APN: 3531-11-001-0180-914

Texas Fort Bend County Katy 77450 Grand Lakes

5442 Faircreek Ln, Katy, TX

This home is located at 5442 Faircreek Ln, Katy, TX 77450 since 25 November 2024 and is currently priced at $631,397. This property was built in 2006. 5442 Faircreek Ln is a home located in Fort Bend County with nearby schools including Roosevelt Alexander Elementary School, Beckendorff Junior High, and Seven Lakes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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