2
Map
$444,999
●
House -
For Sale
1622 Mahan Drive
Richmond, TX 77406
3 Beds
3 Baths
2,463 Ft²
$2,976
Est. Monthly
$10
HOA / Fees
About This Property
More photos coming this weekend! Welcome to 1622 Mahan Drive, a
beautifully maintained four bedroom, three full bathroom home
designed for comfortable everyday living and entertaining. The
inviting floor plan features a spacious living room, a private home
office ideal for working from home, and an upstairs game room that
offers flexible space for recreation, a media room, or a guest
retreat. The outdoor space is equally impressive, featuring a large
backyard patio, a well maintained above ground pool, and a
convenient storage shed. Fully paid solar panels provide additional
value and the potential for ongoing energy savings, making this
home a wonderful combination of space, functionality, and outdoor
enjoyment.
Unit Size
2,463 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$181
Property Type
House
Property Taxes
$781
HOA Dues
$10
Year Built
2016
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: 2 months ago (HAR #83521353)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Listed by RE/MAX Fine Properties | $444,999 | |
| Listed by RE/MAX Fine Properties | |||
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | Listed by RE/MAX Associates Northeast | $395,000 | |
| Listed by RE/MAX Associates Northeast | |||
| | |||
|
Nestled behind a green space with no home directly in front, this stone and Brick home offers mainly 1st floor living. Foyer leads to an spacious living area with corner stone fireplace open to the kitchen and breakfast area. Private study with views of the living offers a quiet work environment. Two secondary bedrooms at the front of the home while the primary bedroom is privately located at the back of the home. Primary has an ensuite with jetted tub, separate shower and double sinks. Large utility room equipped with a safe. Upstairs game room has a closet and private bath is perfect for media room, play room or guest oasis. Rear covered patio is perfect for enjoying outdoor living in our cooler temps.
| |||
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Texas United Realty | $319,500 | |
| Listed by Texas United Realty | |||
| | |||
|
Price Reduction! This 3/4 bedroom, 3 FULL bath house is one of a kind! The upstairs area can be turned into the kid's school/playroom. Downstairs study can transformed to dining room instead. Imagine the endless possibilities of this property. Property features an exceptionally unique open floor plan. There is also enough room in the backyard for a magnificent pool to add to your dream home. Don't delay call me or your agent for a private showing now, this won't last long! Nothing currently on the market in this area like your new dream home.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Disposal, Refrigerator, Convection Oven, Microwave, Gas Cooktop, Dishwasher
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2463
Architectural Style: Traditional
Year Built: 2016
Building Area Total: 2463
Other Structures: Shed(s)
Construction Materials: Brick, Stone
Patio and Porch Features: Patio
Pool Features: Above Ground
Pool is Private
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1976
Lot Size Units: Acres
Lot Size Acres: 0.1976
Lot Size Square Feet: 8607.456
Water Source: Water District
Financial Details
Tax Annual Amount: $9,371
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Location Details
HOA Fee: $115
HOA Fee Frequency: Annually
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
Sold On
HOA + Taxes
About Pecan Grove
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Listed by: Jarod Oommen, RE/MAX Fine Properties
Last Updated: 2 months ago
Data Source: HAR , MLS# 83521353
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Last Updated: 2 months ago
Data Source: HAR , MLS# 83521353
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