Cat5 wiring has 4 twisted pairs and only two pair are actually used for 100 Base Tx (100 mbps). So technically you could use only the two pair for the network and the other 2 pair for something else (like a 2-line phone).
I really don't know if you could use 2 pair for cable tv; however, I would NOT recommend splitting up the multiple pairs and using them for dual purposes. In the future, if you move to gigabit ethernet you will be screwed because it uses all 4 twisted pairs. If that is no concern, then maybe you could do it if someone else knows for sure if you could wire cable with two pair.