$229,000 Last Listed Price
●
House -
Off Market
7027 Buchanan Drive
Richmond, TX 77469
3 Beds
2 Baths
1,304 Ft²
$241,664
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Your new home awaits you in the quiet Tara neighborhood in
Richmond, TX. This 3 bedroom 2 bath well kept home is move-in ready
with its tile flooring, open concept living areas, ample yard space
and no back neighbors! You'll greet everyone in the spacious foyer
before walking into the living and dining area. Prepare wonderful
meals in the spacious kitchen on granite countertops. Get creative
with the huge back yard, its covered patio, and its designated bbq
area with a wooden counter top for prepping. Enjoy the outdoors by
visiting George Ranch Historical Park, the neighborhood's Tara
Park, or River Point Golf Club - all less than 10 minutes away!
7027 Buchanan is waiting for you to move in!
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$176
Property Type
House
Property Taxes
$297
HOA Dues
$20
Year Built
1984
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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: 4 months ago (HAR #68006912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Krueger Real Estate | $235,000 | |
| Listed by Krueger Real Estate | |||
| | |||
|
Welcome to 7027 Buchanan Dr. This home is nestled in the middle of the highly desirable Fort Bend County- home to low tax rates and fantastic schools!! This beautiful 1 story home has been well maintained and boasts a massive back yard with a covered wood deck for all your summer BBQ's. The best part? NO BACK NEIGHBORS!! Enjoy a large primary bedroom with a spacious ensuite bathroom. The kitchen and living room have a large open concept feel that is perfect for entertaining. The community of Tara has 2 parks, LOW HOA fees, LOW TAX RATE and has a Buccee's in the neighborhood!! Enjoy easy access to major highways like 59 and 99, making your work commute a breeze! Do you like to get out and explore on the weekends? No problem! George Ranch Historical Park is a quick drive for an experience that feels like you are stepping back in time! More of an outdoorsy person? SWEET! Enjoy the 10 minute drive to Brazos Bend State Park! 7027 Buchanan Dr is ready for you!!!
| |||
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Keller Williams Metropolitan | $229,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Your new home awaits you in the quiet Tara neighborhood in Richmond, TX. This 3 bedroom 2 bath well kept home is move-in ready with its tile flooring, open concept living areas, ample yard space and no back neighbors! You'll greet everyone in the spacious foyer before walking into the living and dining area. Prepare wonderful meals in the spacious kitchen on granite countertops. Get creative with the huge back yard, its covered patio, and its designated bbq area with a wooden counter top for prepping. Enjoy the outdoors by visiting George Ranch Historical Park, the neighborhood's Tara Park, or River Point Golf Club - all less than 10 minutes away! 7027 Buchanan is waiting for you to move in!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tara
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Listed by: Matthew Gullo, Keller Williams Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 68006912
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Last Updated: 4 months ago
Data Source: HAR , MLS# 68006912
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