$625,000
●
House -
For Sale
23307 Ovada Lane
Richmond, TX 77406
4 Beds
4 Baths
3,793 Ft²
$4,568
Est. Monthly
$101
HOA / Fees
About This Property
Live the resort lifestyle from day one in this move-in ready custom
home where PAID-OFF SOLAR at closing helps keep current summer
electric bills at $80 or less! Positioned on a premium lot w/ no
rear neighbors & green-space views, the backyard steals the show w/
pool, spa, waterfall, covered patio, outdoor kitchen & built-in
grill. Inside, AUG 2026 WHOLE HOME PAINT, soaring ceilings,
engineered wood floors & designer finishes create a fresh, upscale
feel. The open kitchen impresses w/ 6-burner Thermador gas range,
granite counters & XL island, while a bar room & custom wine cellar
w/ iron door & wine chillers elevate entertaining. The 1st-floor
primary retreat features a spa-like bath & custom closet. An
office/flex room & A/C-converted garage/media room add flexibility.
Upstairs offers a game room w/ surround sound, 2 built-in TVs,
spacious bedrooms & custom fort-style bunk room. Updates include
water softener, reverse osmosis, HVAC components, water heater &
pool motors.
Unit Size
3,793 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$165
Property Type
House
Property Taxes
$1,397
HOA Dues
$101
Year Built
2014
Listed By
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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: 17 hours ago (HAR #47662190)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by Redfin Corporation | $625,000 | |
| Listed by Redfin Corporation | |||
| Aug 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 31, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 15, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 14, 2026 | Listed by Redfin Corporation | $656,000 | |
| Listed by Redfin Corporation | |||
   | |||
|
Luxury, privacy & unforgettable entertaining come together in this one-of-a-kind 4/5-bedroom, 4-bath custom home w/ a resort-style pool, spa & waterfall! The open layout features a spacious family room flowing into a chef-inspired kitchen w/ 6-burner Thermador gas range, granite counters, engineered wood floors, designer finishes & a showstopping wine cellar w/ custom iron door & built-in wine fridge. The 1st-floor primary suite offers a private retreat, while an office/flex room & A/C-converted garage/media room add versatility. Upstairs includes 3 bedrooms, including one w/ custom fort-style bunk beds & desk, plus a game room w/ surround sound & 2 built-in TVs included. Enjoy a new A/C installed June 2026 & solar panels helping keep the current seller’s electric bill at $80 or less. Outside, relax in a private backyard oasis w/ covered patio, outdoor kitchen, built-in grill, water/green space views & no rear neighbors, near shopping, dining, parks & major routes.
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: High Ceilings, Wired for Sound, Built-In Bunk Beds, En-Suite Bath, Primary Bed - 1st Floor
Appliances: Disposal, Water Softener, Double Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 3793
Architectural Style: Traditional
Year Built: 2014
Building Area Total: 3793
Construction Materials: Brick, Stone
Patio and Porch Features: Covered
Pool Features: Heated, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.2088
Lot Size Units: Acres
Lot Size Acres: 0.2088
Lot Size Square Feet: 9095.328
Water Source: Water District
Financial Details
Tax Annual Amount: $16,761
Utilities Details
Cooling Type: Attic Fan, Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $1,217
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Fort Bend
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Listed by: Faith Floyd, Redfin Corporation
Last Updated: 17 hours ago
Data Source: HAR , MLS# 47662190
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Last Updated: 17 hours ago
Data Source: HAR , MLS# 47662190
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