$295,000
●
House -
For Sale
1031 Oleander Way
Richmond, TX 77469
2 Beds
2 Baths,
1
Half Bath
1,542 Ft²
$2,604
Est. Monthly
$550
HOA / Fees
About This Property
Welcome home to 1031 Oleander Way, nestled in the vibrant 55+
active adult Del Webb community in Richmond. This beautifully
designed 3-bedroom, 2-bath home offers the perfect blend of
comfort, style, and easy living. The heart of the home is an
open-concept living space filled with natural light from expansive
windows, seamlessly connecting to a breakfast bar and a
chef-inspired kitchen featuring warm cabinetry and a cozy breakfast
nook. The spacious primary suite serves as a relaxing retreat,
complete with a walk-in shower and dual-sink vanity. Step outside
to a screened-in, covered patio surrounded by mature landscaping,
or unwind on the inviting front porch-perfect for enjoying peaceful
mornings or evenings outdoors. Residents of Del Webb enjoy access
to The Clubhouse, the community's social hub, featuring a fully
staffed fitness center, indoor lap pool, spa, aerobics studio for
yoga, Pilates, and Zumba, and continuing education center for
lifelong learning. Roof replaced 2025.
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$191
Property Type
House
Property Taxes
$605
HOA Dues
$550
Year Built
2011
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 23 days ago (HAR #79636439)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 10, 2026 | Listed by Corcoran Genesis | $295,000 | |
| Listed by Corcoran Genesis | |||
| Jul 11, 2026 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jun 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 1, 2026 | Listed by Corcoran Genesis | $315,000 | |
| Listed by Corcoran Genesis | |||
   | |||
|
Welcome home to 1031 Oleander Way, nestled in the vibrant 55+ active adult Del Webb community in Richmond. This beautifully designed 3-bedroom, 2-bath home offers the perfect blend of comfort, style, and easy living. The heart of the home is an open-concept living space filled with natural light from expansive windows, seamlessly connecting to a breakfast bar and a chef-inspired kitchen featuring warm cabinetry and a cozy breakfast nook. The spacious primary suite serves as a relaxing retreat, complete with a walk-in shower and dual-sink vanity. Step outside to a screened-in, covered patio surrounded by mature landscaping, or unwind on the inviting front porch—perfect for enjoying peaceful mornings or evenings outdoors. Residents of Del Webb enjoy access to The Clubhouse, the community’s social hub, featuring a fully staffed fitness center, indoor lap pool, spa, aerobics studio for yoga, Pilates, and Zumba, and continuing education center for lifelong learning. Roof replaced 2025.
| |||
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Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Double-Wide Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: En-Suite Bath, Walk-In Closet(s)
Appliances: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1542
Architectural Style: Traditional
Year Built: 2011
Building Area Total: 1542
Window Features: Window Coverings
Construction Materials: Brick
Patio and Porch Features: Covered
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1165
Lot Size Units: Acres
Lot Size Acres: 0.1165
Lot Size Square Feet: 5074.74
Water Source: Water District
Financial Details
Tax Annual Amount: $7,256
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Fitness Center, Pool, Trail(s), Garbage Service, Lawn Care
HOA Fee: $550
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Fort Bend
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Listed by: Nicole Freer, Corcoran Genesis
Last Updated: 23 days ago
Data Source: HAR , MLS# 79636439
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Last Updated: 23 days ago
Data Source: HAR , MLS# 79636439
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