$342,849 Last Listed Price
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House -
Off Market
1306 Simpson Valley Lane
Richmond, TX 77469
4 Beds
3 Baths
2,393 Ft²
$407,799
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
NEW! Lennar Homes Brookstone Collection, ''Russo'' Plan with
Brick/Stone Elevation ''E'' in VERANDA! Inviting 1- Story 4/3/2 +
Open Dining Room & Study. Fantastic Island Kitchen w/, Granite
Countertops & Great Appliance Package! Large Walk-in Pantry. Master
Suite w/ Luxurious Master Bath! Walk-in Closet Utility Room.
Covered Patio
Unit Size
2,393 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
-
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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: 4 months ago (HAR #69806995)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Compass RE Texas, LLC - Katy | $435,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome to 1306 Simpson Valley Ln in Richmond in the gorgeous development, Veranda! This charming single story, 4 bedroom, 3 bath home is like new, built in 2021! You'll find open, inviting spaces, high ceilings, beautiful selections, and abundant natural light. Discover the lovely on-trend accent walls and ceilings, adding an elegant style to the home. The study or flex room with french doors, gives you that additional space to met your needs. One of the secondary bedrooms is separate with an adjacent full bathroom, providing increased privacy. The covered back patio is perfect for entertaining or relaxing. With a neutral color palette, this home is move-in ready! Walking distance to neighborhood elementary school! Veranda offers wonderful amenities - family-friendly pool, clubhouse, fitness center, parks, playgrounds, and trails! Quick access to 59 and Grand Parkway.
| |||
| May 17, 2021 | Sold | ||
| Sold | |||
| Jan 26, 2021 | Listed by Re/Max Universal | $342,849 | |
| Listed by Re/Max Universal | |||
| | |||
|
NEW! Lennar Homes Brookstone Collection, ''Russo'' Plan with Brick/Stone Elevation ''E'' in VERANDA! Inviting 1- Story 4/3/2 + Open Dining Room & Study. Fantastic Island Kitchen w/, Granite Countertops & Great Appliance Package! Large Walk-in Pantry. Master Suite w/ Luxurious Master Bath! Walk-in Closet Utility Room. Covered Patio
| |||
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About Fort Bend
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Listed by: Jennifer Bell, Re/Max Universal
Last Updated: 4 months ago
Data Source: HAR , MLS# 69806995
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69806995
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