50
Map
$799,990
●
House -
For Sale
2018 Thompson Road
Richmond, TX 77469
6 Beds
3 Baths,
1
Half Bath
5,180 Ft²
$4,736
Est. Monthly
About This Property
Discover the possibilities with this impressive 5,180 SQFT property
situated on an expansive 22,400 SQFT lot, conveniently located
along a main road in Richmond, TX. Featuring 6 spacious bedrooms,
3.5 bathrooms, and a 2-car garage, this property offers incredible
flexibility for both residential living and potential commercial
use.
Zoned Suburban Commercial, this unique property offers an opportunity for an owner-occupant, business owner, or investor looking to combine residential comfort with commercial potential (buyer to verify permitted uses and zoning requirements).
The home features several recent updates, including remodeled kitchen and bathrooms with modern cabinetry, elegant quartz countertops, wood laminate flooring, and tile flooring. Enjoy the generous living spaces and a massive back game room, perfect for entertaining, recreation, or creating additional functional space.
Zoned Suburban Commercial, this unique property offers an opportunity for an owner-occupant, business owner, or investor looking to combine residential comfort with commercial potential (buyer to verify permitted uses and zoning requirements).
The home features several recent updates, including remodeled kitchen and bathrooms with modern cabinetry, elegant quartz countertops, wood laminate flooring, and tile flooring. Enjoy the generous living spaces and a massive back game room, perfect for entertaining, recreation, or creating additional functional space.
Unit Size
5,180 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$154
Property Type
House
Property Taxes
$807
HOA Dues
-
Year Built
1970
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: 3 days ago (HAR #62517329)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2026 | Listed by Century 21 Garlington & Assoc. | $799,990 | |
| Listed by Century 21 Garlington & Assoc. | |||
| Oct 6, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by United Real Estate | $499,999 | |
| Listed by United Real Estate | |||
| | |||
|
Home sits on .5 an acre with 5 bedrooms, 3.5 bathrooms, a private pool and two car garage. Located minutes from major HWY 59 in Richmond is ready for your family or to use for your business. One room separated from the main part of the home is perfect for the home office or business center. This unique property is one of many where you could use for you business such as a lawyers office however the home lends itself to other professions such as daycare, business offices, assisted living, and many more.
| |||
Property Highlights
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Circular Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Dry Bar, Atrium
Appliances: Microwave, Free-Standing Range, Dishwasher, Freestanding Oven
Flooring Type: Carpet, Laminate, Tile, Travertine
Laundry Features: Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Free Standing
Fireplaces: 1
Exterior Details
Square Footage: 5180
Architectural Style: Traditional
Year Built: 1970
Building Area Total: 5180
Construction Materials: Stucco, Wood Siding
Pool Features: Gunite, In Ground
Pool is Private
Lot Features: Back Yard, Subdivided, 1/2 Up to 1 Acre
Lot Size Area: 0.5142
Lot Size Units: Acres
Lot Size Acres: 0.5142
Lot Size Square Feet: 22398.552
Water Source: Public
Financial Details
Tax Annual Amount: $9,686
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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 Lamar Terrace
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Listed by: Joe Tijerina, Century 21 Garlington & Assoc.
Last Updated: 3 days ago
Data Source: HAR , MLS# 62517329
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Last Updated: 3 days ago
Data Source: HAR , MLS# 62517329
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