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General Description
minimizeWelcome home to this gorgeous 4-bedroom 4-bath lakefront home in the highly sought master planned community of Grand Lakes. This timeless traditional two story with brick and stone accents has a sparkling pool, pergola and outdoor kitchen overlooking the tranquil lake. The open concept-living connects the den to the oversized kitchen with granite counters and study with a full downstairs bath. The oversized primary suite is tucked away for privacy with a large ensuite bathroom with double vanities, soaking tub, and a separate shower. Upstairs has three on suite bedrooms, large game-room and a large media room. This is a must see! Location is incredible plus award-winning Katy schools.
MLS#:
26575958 (HAR)
Sold Price Range:
$717,001 - $827,000
Listing Status:
Sold
Address:
5215 Highland Falls Lane
City:
Katy
State:
TX
Zip Code:
County:
Subdivision:
Legal Description:
GRAND LAKES PHASE TWO SEC 2, BLOCK 2, LOT 7
Property Type:
Single-Family
Bedrooms:
4 Bedroom(s)
Baths:
4 Full Bath(s)
Garage(s):
3 / Attached
Stories:
2
Style:
Traditional
Year Built:
2001 / Appraisal District
Building Sqft.:
4,786 /Appraisal District
Lot Size:
12,793 Sqft. /Other
Maintenance Fee:
$ 1050 / Annually
Key Map©:
525C
Market Area:
Master Planned Community:
Rooms/Lot Dimensions
Living:
16x16, 1st
Dining:
14x15, 1st
Kitchen:
15x13, 1st
Primary Bedroom:
18x21, 1st
Bedroom:
15x11, 2nd
Bedroom:
12x11, 2nd
Bedroom:
13x12, 2nd
Game Room:
20x16, 2nd
Home Office/Study:
16x11, 1st
Media Room:
16x15, 2nd
Interior Features
Fireplace:
1/Gas Connections
Floors:
Carpet, Tile, Wood
Kitchen Description:
Breakfast Bar, Butler Pantry, Island w/o Cooktop, Kitchen open to Family Room, Pantry, Pots/Pans Drawers, Reverse Osmosis, Soft Closing Drawers, Walk-in Pantry
Bathroom Description:
Bidet, Primary Bath: Jetted Tub
Bedroom Description:
En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet
Room Description:
Breakfast Room, Formal Dining, Formal Living, Gameroom Down, Home Office/Study, Kitchen/Dining Combo, Living Area - 1st Floor, Media, Utility Room in House
Heating:
Central Electric, Central Gas
Cooling:
Central Electric
Connections:
Electric Dryer Connections, Washer Connections
Ice Maker:
No
Compactor:
No
Dishwasher:
Yes
Microwave:
Yes
Oven:
Gas Oven
Range:
Gas Range
Disposal:
Yes
Energy Feature:
Attic Fan, Attic Vents, Ceiling Fans, Digital Program Thermostat, Energy Star Appliances, Energy Star/CFL/LED Lights, High-Efficiency HVAC, Insulated/Low-E windows
Interior:
2 Staircases, Alarm System - Owned, Balcony, Crown Molding, Drapes/Curtains/Window Cover, Fire/Smoke Alarm, Formal Entry/Foyer, High Ceiling, Prewired for Alarm System, Refrigerator Included, Spa/Hot Tub, Wired for Sound
Exterior Features
Roof:
Composition
Foundation:
Slab
Private Pool Desc:
Gunite, Heated, In Ground
Private Pool:
Yes
Exterior Type:
Brick, Stone, Stucco, Wood
Lot Description:
Subdivision Lot, Waterfront
Water Amenity:
Lakefront
Garage Carport:
Additional Parking, Double-Wide Driveway
Water Sewer:
Water District
Front Door Face:
West
Unit Location:
Subdivision Lot, Waterfront
Area Pool:
Yes
Exterior:
Back Yard, Back Yard Fenced, Balcony, Fully Fenced, Outdoor Kitchen, Patio/Deck, Porch, Private Driveway, Spa/Hot Tub, Sprinkler System, Subdivision Tennis Court
Additional Information
List Type:
Exclusive Right to Sell/Lease
Dwelling Type:
Free Standing
HOA Mandatory:
Yes
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
Financial Information
Financing Considered:
Cash Sale, FHA
Other Fees:
Yes / 500 / Transfer
Ownership:
Full Ownership
Maintenance Fee:
Mandatory / $1050 / Annually
Maint Fee Includes:
Clubhouse, Courtesy Patrol, Grounds, Recreational Facilities
Taxes w/o Exemp:
$12, 011/2021
Tax Rate:
2.1113
Selling Agent and Brokerage
minimize
Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $172.70 | $826,557 | 13.96% | $826,557 | 32.08% |
| 2022 | $151.54 | $725,280 | 27.49% | $625,780 | 10.00% |
| 2021 | $118.87 | $568,890 | 1.16% | $568,890 | 1.16% |
| 2020 | $117.50 | $562,350 | 0.82% | $562,350 | 0.82% |
| 2019 | $116.54 | $557,750 | -6.85% | $557,750 | -6.85% |
| 2018 | $125.10 | $598,740 | -0.10% | $598,740 | -0.10% |
| 2017 | $125.22 | $599,320 | -3.25% | $599,320 | -3.25% |
| 2016 | $129.43 | $619,470 | 3.97% | $619,470 | 3.97% |
| 2015 | $124.49 | $595,830 | 8.83% | $595,830 | 8.83% |
| 2014 | $114.39 | $547,470 | 1.35% | $547,470 | 1.35% |
| 2013 | $112.87 | $540,200 | $540,200 |
2023 Fort Bend County Appraisal District Tax Value
| Market Land Value: | $111,550 |
| Market Improvement Value: | $715,007 |
| Total Market Value: | $826,557 |
2023 Tax Rates
| KATY ISD: | 1.3048 % |
| FT BEND CO GEN: | 0.4383 % |
| FORT BEND DRNG: | 0.0129 % |
| HARRIS-FT BEND ESD 100: | 0.0811 % |
| GRAND LAKES WCID: | 0.0631 % |
| GRAND LAKES MUD 2: | 0.1300 % |
| Total Tax Rate: | 2.0302 % |
Estimated Mortgage/Tax
minimize
$4,645 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 3,246 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,398 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Subdivision Name:
Grand Lakes Phase Two
County / Zip Code:
77450
Single Family Properties:
280
Average Bedrooms:
4.47
Average Baths:
4.08
Median Square Ft.:
4,246
Median Lot Square Ft.:
13,125
Median Year Built:
2002
Median Appraised Value:
$648,769
Neighborhood Value Range:
$558 - $774 K
Median Price / Square ft.:
$172.04
View Price Trends for Grand Lakes Phase Two
Schools
minimizeSchool 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.
ASSIGNED SCHOOLS
Excellent | 
View Nearby Schools ↓
Property Map
minimize5215 Highland Falls Lane Katy TX 77450 was recently sold. It is a 0.00 Acre(s) Lot, 4,786 SQFT, 4 Beds, 4 Full Bath(s) in Grand Lakes.
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