50
Map
Video Tour
$1,658,000
●
House -
For Sale
3518 River Forest Drive
Richmond, TX 77406
5 Beds
4 Baths,
2
Half Baths
5,809 Ft²
Upcoming Open House
11AM - 1PM, Sat, Nov 14
-
Book now
$9,556
Est. Monthly
$55
HOA / Fees
About This Property
Set on 2 private acres beneath a canopy of mature trees, this
distinguished River Forest estate welcomes you with a resort-style
pool and spa, serene lake views and an exceptional sense of
privacy. Designed by architect Don Purser, the custom home features
5 bedrooms, a dramatic two-story library with mezzanine, game room,
media room and multiple living areas. The island kitchen showcases
granite counters and a Viking range. Covered patios and balconies
overlook the pool, spa and park-like grounds, creating a beautiful
setting for entertaining or quiet evenings by the lake. A 4-car
garage includes an air-conditioned hobby space. Recent improvements
include interior paint and carpet in 2026, three A/C replacements
in 2022–2023, a CertainTeed roof in 2019 and a 48 kW whole-house
generator 2020. River Forest delivers rare privacy and tranquility
with everyday amenities just a short drive away. A truly special
property designed for gracious living, entertaining and enjoying
the outdoors.
Unit Size
5,809 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$285
Property Type
House
Property Taxes
$1,360
HOA Dues
$55
Year Built
2001
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 days ago (HAR #78682059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by Anja DrewesProperties, LLC | $1,658,000 | |
| Listed by Anja DrewesProperties, LLC | |||
| Jun 7, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Anja DrewesProperties, LLC | $1,195,000 | |
| Listed by Anja DrewesProperties, LLC | |||
| | |||
|
Majestic Estate Stunner in River Forest. This beautiful custom home designed by Don Purser sits on 2 acres with fabulous lake view, configured for both a and a entertainer's delight. 5 bedrooms, game room, media room and 2 story library/office offers the perfect blend of grand opulence and relaxed modern comfort. This home allows for the outside to flow seamlessly inside or perhaps to enjoy a morning coffee on the covered patio or on the balconies enjoying the park-like setting. Chef's dream kitchen with Viking commercial grade range and a amazing dining room for memorable dinner parties. The home offers multiple inside and outside living areas. For the hobbyist, the double garage has AC and Wifi. Roof replaced in 2019, Home never flooded! Please watch the walk through Video and uploaded Home Information.
| |||
Property Highlights
Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking
Garage Spaces: 4
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Interior Features: Crown Molding, High Ceilings, 2 Staircases, Balcony, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Refrigerator, Water Softener, Wine Refrigerator, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer Included, Washer Included
Flooring Type: Carpet, Marble, Tile, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 5809
Architectural Style: Traditional
Year Built Source: Owner
Year Built: 2002
Builder Name: Courtland Custom Homes
Building Area Total: 5809
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool Features: Gunite, Heated, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Subdivided, 1 Up to 2 Acres
Lot Size Area: 2
Lot Size Units: Acres
Lot Size Acres: 2
Lot Size Square Feet: 87120
Water Source: Well
Financial Details
Tax Annual Amount: $16,315
Utilities Details
Cooling Type: Attic Fan, Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Septic Tank
Location Details
HOA Fee: $659
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 River Forest
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Listed by: Anja Drewes Neidhardt, Anja DrewesProperties, LLC
Last Updated: 2 days ago
Data Source: HAR , MLS# 78682059
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Last Updated: 2 days ago
Data Source: HAR , MLS# 78682059
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