NOT LISTED FOR SALE

5523 Grandwood Ln Katy, TX 77450

Grand Lakes Neighborhood

Estimated Value: $619,819 - $710,000

4 Beds
3.5 Baths
3,789 Sq Ft
$175/Sq Ft Est. Value

Highlights

  • Tennis Courts
  • Traditional Architecture
  • 2 Fireplaces
  • Roosevelt Alexander Elementary School Rated A
  • Engineered Wood Flooring
  • High Ceiling

About This Home

As of June 2024

Step into this gorgeous Trendmaker home in the prestigious 'Grand Lakes' community. Zoned to Exemplary Katy ISD Schools. Meticulously maintained home features 4 BR's,3.5 Baths, Home Office/Study, Upgraded Gourmet kitchen, Upgraded Master Bathroom, Game Room and Oversized detached garage. Expansive windows flood the living area with natural sunlight. Gorgeous upgraded Kitchen boasts of white cabinets, Quartz countertop, SS appliances and a huge walk-in pantry. Primary BR with additional seating area, fireplace, en-suite bath, spacious his & her walk-in closets with custom built-ins, massive Shower and dual vanities. The study is filled with natural light perfect for working from home. Upstairs you will find a Texas sized Game room and 3 spacious bedrooms. Big Covered Patio. 'Washer-Dryer-Refrigerator' included. No carpet - Tile & Hardwood flooring throughout. Convenient access to Westpark Tollway & TX-99, amenities, Schools and Parks. You don't want to miss all this home has to offer!

Last Agent to Rent the Property

Shilpashree Ramachandra

Your Property Manager License #0667751 Listed on: 03/18/2024

Last Renter's Agent

Isabel Nordin

Better Homes and Gardens Real Estate Gary Greene - Memorial License #0651995

Better Homes and Gardens Real Estate Gary Greene - Memorial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,343

Year Built

  • Built in 2006

Lot Details

  • 8,736 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,789 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Game Room

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Tennis Courts

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned

Listing and Financial Details

  • Property Available on 3/11/24
  • 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

$10,343

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2024-03-11

Listing Details

  • Directions: I-10 West towards Grand Parkway. Go South on Grand Parkway. Exit Fry Road. Go east on Fry Road, Right turn on Rainwood Park Ln, Left on Grand Brooks Ln, left on Grandwood Ln - House is to your left.
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2006
  • Lot Size Acres: 0.2006
  • Subdivision Name: Grand Lakes Ph Three Sec 11
  • Architectural Style: Detached, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Pets No Pets Comments: PetDepositDescription:A deposit is required and increased rent is possible.
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Dryer, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Engineered Hardwood, Tile
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Bath in Primary Bedroom, Pantry, Soaking Tub, Separate Shower, Walk-In Pantry
  • Living Area: 3789.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Game Room, Living Room, Office, Half Bath
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Pool Private: No
  • Exterior Features: Fence, Sprinkler/Irrigation, Private Yard, Tennis Court(s)

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electric Gate, Garage, Garage Door Opener

Utilities

  • Security: Security Gate, Prewired, Fire Sprinkler System, Smoke Detector(s)
  • 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
Jun 10, 2016
Sold by
Padron Barbara W and Padron Henry U
Bought by
Venkateswaran Sai Prasanth and Sundar Aishwarya
Current Estimated Value
$662,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$323,143
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$339,312

Purchase Details

Closed on
Apr 27, 2007
Sold by
Trendmaker Homes Inc
Bought by
Padron Henry U and Padron Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Venkateswaran Sai Prasanth -- Great American Title
Padron Henry U -- Chicago Title
Venkateswaran Sai Prasanth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkateswaran Sai Prasanth $403,750
Previous Owner Padroin Barbara W $265,000
Previous Owner Padron Barbara W $300,800
Previous Owner Venkateswaran Sai Prasanth $336,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Rented $3,850 -1.3% --
05/21/2024 05/21/24 Under Contract -- -- --
03/18/2024 03/18/24 For Rent $3,900 +11.4% --
05/22/2021 05/22/21 For Rent $3,500 0.0% --
05/22/2021 05/22/21 Rented $3,500 -- --
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 $10,343 $564,828 $33,161 $531,667
2023 $9,549 $513,480 $0 $536,171
2022 $10,250 $466,800 $0 $493,400
2021 $10,636 $424,360 $75,000 $349,360
2020 $10,567 $416,520 $75,000 $341,520
2019 $10,401 $387,570 $75,000 $312,570
2018 $6,801 $259,950 $75,000 $184,950
2017 $11,389 $434,080 $75,000 $359,080
2016 $11,901 $453,580 $75,000 $378,580
2015 $8,202 $435,800 $75,000 $360,800
2014 $7,667 $396,180 $75,000 $321,180
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Shilpashree Ramachandra

    Your Property Manager

    (832) 379-8400

    25 Total Sales

    Shilpashree Ramachandra
    Section Image

  • I

    Tenant's Agent in 2024

    Isabel Nordin

    Better Homes and Gardens Real Estate Gary Greene - Memorial

    (281) 476-3555

    41 Total Sales

    Isabel Nordin
    Section Image

  • N

    Seller's Agent in 2021

    Nan Feng

    eXp Realty LLC

    (281) 777-2215

    6 in this area

    67 Total Sales

    Nan Feng
    Section Image

  • C

    Buyer's Agent in 2021

    Courtney McDonald

    ThisIsLivin Properties, LLC

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 62588477

Houston Association of REALTORS®

APN: 3531-11-003-0400-914

Texas Fort Bend County Katy 77450 Grand Lakes

5523 Grandwood Ln, Katy, TX

This home is located at 5523 Grandwood Ln, Katy, TX 77450 since 18 March 2024 and is currently priced at $662,455. This property was built in 2006. 5523 Grandwood 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.

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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.
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