$599,990 Last Listed Price
●
Land -
Off Market
5327 Winding River Road
Richmond, TX 77406
Studio
0 Bath
$598,353
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Welcome to the enchanting River Forest subdivision, an exclusive
haven in Richmond, TX, where this rare 1.25-acre lot awaits.
Surrounded by mature oaks and pecans, this serene gem provides the
perfect canvas for your luxurious custom-built dream home, all
while offering glimpses of graceful deer roaming nearby. Nestled
off FM 359, this idyllic lot captures the essence of sophistication
and tranquility, as the ancient trees whisper sweet melodies and
fill your mornings with birdsong. Embrace the boundless freedom to
design a residence that harmonizes with nature's grandeur while
offering the elegance and privacy only a prestigious high-end
community can provide. Don't miss this exceptional opportunity to
build your sanctuary in the coveted River Forest neighborhood,
creating a haven where you can truly live, love, and flourish. THIS
PROPERTY IS NOT LOCATED IN A FLOOD HAZARD AREA.
Unit Size
-
Days on Market
-
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$212
HOA Dues
$56
Year Built
-
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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: 5 months ago (HAR #93953333)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $850,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
   | |||
|
Amazing opportunity to complete a custom estate located in River Forest. Seller being relocated before construction can be completed. Architectural plans to be included in the offer. HOME IS BEING OFFERED AS-IS and INCOMPLETE. BUYER WILL NEED TO HIRE their own builder and COMPLETE THE HOME AT THEIR ADDITIONAL EXPENSE. River Forest offers country living feel still close to all major amenities a city can offer. This is one of the last lots left to build on. Builder must be approved by the HOA.
| |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed | $1,200,000 | |
| Listed | |||
| | |||
|
Amazing opportunity to complete an estate located in River Forest. Sellers being relocated before construction can be completed. You will love the renderings, selections and the lot and potential this incomplete construction home offers. Agent will meet and review the arhcituctual plans, builder options and already purchased finishes waiting to complete this home. Such a great property and ready for a family to complete this DREAM HOME. HOME IS BEING OFFERS AS-IS. BUYER WILL NEED TO HIRE OR COMPLETE THE HOME AT THEIR ADDITIONAL EXPENSE. River Forest is a true gem and one of the last lots left to build on.
| |||
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About River Forest
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Listed by: Austin Lockard, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 93953333
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Last Updated: 5 months ago
Data Source: HAR , MLS# 93953333
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