24 days on rocket

5302 Institute Ln, Houston, TX, 77005

$2,295,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,845 SqFt
$474/SqFt
House
Schools Nearby

Location

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5302 Institute Ln, Houston$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Additional Parking, Detached, Electric Gate, Garage, Garage Door Opener, Porte-Cochere
Garage3 spaces
Year Built1923
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Gas Log
MLS #45391841
Lot Size0.33 Acres
StatusActive

About 5302 Institute Ln

Stunning Tudor home, built in 1923(per HCAD) has been thoughtfully expanded & restored, & exudes timeless elegance. The home showcases a unique original design that features sunrooms on both side of the home. Greeted by a gated drive w/ parking court & 3 car garage w/ guest quarters providing ample space for vehicles & guests. Outdoors you will find a jetted spa, fountain, flagstone patio & sprawling backyard, perfect for outdoor entertaining or relaxation. Inside, the home offers 5 bedrms, 2 studies, game rm, 4 full baths & a powder rm. The remarkable living area stretches 30 feet & features back-to-back fireplaces to the den, creating a cozy yet spacious atmosphere. Large windows flood the interior w/ natural light, seamlessly connecting the indoor & outdoor living spaces. Additional highlights include 2 balconies & a basement w/ space for wine storage. Situated just blocks away from the Museums, Rice University, & close to the Texas Medical Center & Downtown. All info per seller.

Property Details

Property Features

Property Information:

  • Architectural Style: English, Traditional
  • Year Built: 1923
  • Stories: 3
  • Living Area: 4,845 SqFt

Listing Office:

  • Office Name: Greenwood King Properties - Kirby Office
  • Office Phone: (713) 524-0888
  • Listing Agent: Tim Surratt

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Ice Maker, Microwave, Dryer, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Double Vanity, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Pantry, Separate Shower, Ceiling Fan(s)
  • Fireplace: Gas, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Deck, Fence, Hot Tub/Spa, Sprinkler/Irrigation, Patio, Private Yard

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Attached Carport, Additional Parking, Detached, Electric Gate, Garage, Garage Door Opener, Porte-Cochere

Lot Features

Lot Information:

  • Lot: Subdivision, Near Park, Side Yard(s)
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Lamar High School, Public Magnet Grades 9-12
  • Lanier Middle School, Public Charter Grades 6-8
  • Poe Elementary School, Public Magnet Grades EE-5

Other

Directions Information:

  • Directions: South on Kirby. Left onto US 59 service road. Right onto Greenbriar Dr. Turn left onto Bissonnet St. Right onto Institute Ln. Home is on the corner of Institute Ln and Bissonnet.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $474/SqFt

Tax Information:

  • Annual Amount: $33,657
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

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Houston, TX

City

Med. Sold Price

$314.7K

Med. Price/SqFt

$164

Avg. Days On Market

39

# of Sold Homes

2006

5302 Institute Ln vs Houston

24 DAYS ON ROCKET

-15 Days

$2,295,000

+$1.9M More

$474/SqFt

+$310 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $310/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #45391841

Listing Office:

  • Office Name: Greenwood King Properties - Kirby Office
  • Office Phone: (713) 524-0888
  • Listing Agent: Tim Surratt

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/29/2024, 10:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$33,657$1,763,568
2020$42,395$1,763,568
2018$41,110$1,624,656

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3364403
5
/10

  • Poe Elementary School

  • 5100 Hazard St

  • 0.63 miles

  • Public Magnet Grades EE-5

Middle School

school-card-donut-3364404
9
/10

  • Lanier Middle School

  • 2600 Woodhead St

  • 1.24 miles

  • Public Charter Grades 6-8

High School

school-card-donut-3364405
5
/10

  • Lamar High School

  • 3325 Westheimer Rd

  • 2.01 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,706. Residents of Houston, TX typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5302 Institute Ln

What is the listing price of this property?

The listing price of 5302 Institute Ln property is $2,295,000.

What type of property is this?

The property 5302 Institute Ln is a house located in Houston, Texas, 77005.

Is this property for sale now?

Active Listing: 5302 Institute Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5302 Institute Ln are:
Poe Elementary School: GreatSchools Rating 5/10
Lanier Middle School: GreatSchools Rating 9/10
Lamar High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $33,657 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5302 Institute Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5302 Institute Ln is 4,845 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5302 Institute Ln is 1923.

Rocket Homes›Texas›Harris County›Houston›77005›5302 Institute Ln

This home is located at 5302 Institute Ln in Houston, TX and zip code 77005 in the South Central Houston neighborhood. This 4,845 square foot home, which was built in 1923, sits on a 0.33 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $2,295,000.

In March 2024 more than 344 listings in Houston, TX were sold above the asking price. During the same period more than 423 listings were sold at asking price, while more than 1238 were sold below. The inventory of homes for sale in Houston, TX between February 2024 and March 2024 increased by 20.1%. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $314,779.

From Rocket Homes Real Estate and based on county public records data.

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