23
Map
$260,000 Last Listed Price
●
House -
Off Market
25914 Chapman Falls Drive
Richmond, TX 77406
4 Beds
2 Baths,
1
Half Bath
2,105 Ft²
$1,947
Est. Monthly
$90
HOA / Fees
7.93%
Cap Rate
About This Property
Welcome to this 2-story home in the gated, master-planned community
of Westheimer Lakes! Step inside to a welcoming sitting area at
entry-to the right, a flexible space that can serve as a formal
dining or second living area. Continue into the spacious living
room with a cozy gas-log fireplace. The kitchen features granite
countertops, ample cabinetry, and opens to the breakfast area. All
4 bedrooms are located upstairs, along with 2 full bathrooms and a
central hallway connecting each room. Downstairs offers a half bath
for guests and a functional layout perfect for everyday living. The
fully fenced backyard is ready for outdoor enjoyment. Zoned to
highly rated Lamar CISD schools. LOW TAX RATE. Enjoy resort-style
HOA amenities including pools, tennis courts, trails, and lakes-all
in a secure, gated setting. Enjoy peace of mind with a brand-new
roof (Jan 2025) and a 2022 water heater. Plus, the water softener
is fully owned and stays with the home.
Unit Size
2,105 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$124
Property Type
House
Property Taxes
$579
HOA Dues
$90
Year Built
2005
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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: 10 months ago (HAR #14333887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Price Decreased |
$260,000
↓ $35K
(11.9%) | |
| Price Decreased | |||
| Sep 4, 2025 | Listed by eXp Realty LLC | $295,000 | |
| Listed by eXp Realty LLC | |||
| Aug 11, 2025 | Listed | $315,000 | |
| Listed | |||
| | |||
|
Welcome to this 2-story home in the gated, master-planned community of Westheimer Lakes! Step inside to a welcoming sitting area at entry—to the right, a flexible space that can serve as a formal dining or second living area. Continue into the spacious living room with a cozy gas-log fireplace. The kitchen features granite countertops, ample cabinetry, and opens to the breakfast area. All 4 bedrooms are located upstairs, along with 2 full bathrooms and a central hallway connecting each room. Downstairs offers a half bath for guests and a functional layout perfect for everyday living. The fully fenced backyard is ready for outdoor enjoyment. Zoned to highly rated Lamar CISD schools. Enjoy resort-style HOA amenities including pools, tennis courts, trails, and lakes—all in a secure, gated setting. Enjoy peace of mind with a brand-new roof (Jan 2025) and a 2022 water heater. Plus, the water softener is fully owned and stays with the home.
| |||
Property Highlights
Garage
Fireplace
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 Canyon Springs at Westheimer Lakes
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Listed by: Thao Nguyen, eXp Realty LLC
Last Updated: 10 months ago
Data Source: HAR , MLS# 14333887
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Last Updated: 10 months ago
Data Source: HAR , MLS# 14333887
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