When was property at 7423 Shadow Terrace Lane built and last sold?

The property at 7423 Shadow Terrace Lane was built in 2011 and last sold on Jul 5, 2018 for $325,000.

How much is this home worth?

The estimated value of the home located at 7423 Shadow Terrace Lane is $0.

What are some comparable homes to 7423 Shadow Terrace Lane?

There are currently no comparable homes to 7423 Shadow Terrace Lane.

Fort Bend

77407

Grand Mission

7423 Shadow Terrace Lane

Sold on May 28, 2025

Map

$490,000 Last Listed Price

● House - Off Market

7423 Shadow Terrace Lane

Richmond, TX 77407

4 Beds

3 Baths, 1 Half Bath

3,092 Ft²

$3,420

Est. Monthly

$71

HOA / Fees

3.93%

Cap Rate

About This Property

Welcome to this stunning one-story home in Grand Mission Estates, with no back neighbors for added privacy! Featuring a stone elevation and an open-concept layout, this home blends comfort and style. Enjoy soaring ceilings, arched entryways, and a spacious master suite. The formal dining, private study, and game/entertainment room provide versatility, while the chef's kitchen boasts granite countertops, updated stainless steel appliances, and custom cabinetry. Upgraded flooring (NO carpet!) and oversized windows fill the home with natural light.

A 3-car tandem garage, with extra 5 ft extension offers ample storage. The master-planned community features resort-style pools, slides, splash pads, parks, a clubhouse with a fitness center, and scenic trails. With easy access to Grand Parkway, Westpark Tollway, I-10, and Beltway 8, you're minutes from top shopping, dining, and employment hubs.

Unit Size

3,092 Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$158

Property Type

House

Property Taxes

$943

HOA Dues

$71

Year Built

2011

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (HAR #13488250)

Price History

Date / Event	Date	Event
May 28, 2025	Sold	Premium
Sold
Apr 29, 2025	In contract	-
In contract
Apr 24, 2025	Price Decreased	$490,000 ↓ $10K (2%)
Price Decreased
Mar 20, 2025	Listed by Compass RE Texas, LLC - Memorial	$500,000
Listed by Compass RE Texas, LLC - Memorial

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 2011

Effective Year Built: 2011
Building Count: 1
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 7
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 695
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 0
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 10,451

Total Building Area: 3,787
Gross Building Area: 3,787
Building Area: 3,092
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 3,092
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GRAND MISSION ESTATES SEC 1
Land Acres: 0000000240
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: GRAND MISSION ESTATES SEC 1, BLOCK 1, LOT 14

Neighborhood

School District Name: Fort Bend Independent School District

School Tax School District: S07 G01 D01 R33
Census Tract: 672906

Geography

Assessors Map Reference: Z-031

Parcel: 3528-01-001-0140-907
Block: 1
Lot: 14
Municipality: RICHMOND
Latitude: 29.6922
Longitude: -95.7262

Address

Full Address: 7423 Shadow Terrace Ln

Address - House Number: 7423
Address - Street Name: Shadow Terrace
Address - Suffix Type: Ln
State: TX
City Name: Richmond
Carrier Code: R052
4-Digit Zip Code: 3096
Zip Code: 77407

Valuation

Tax

Tax Year: 2023

Tax Amount: $922,118
Tax Rate Code Area: W16

Appraisal Valuation

Standard Deviation: 0.2202

Valuation Date: Apr 03, 2024
Confidence Score: 69
Final Value: 466,780
High Value: 569,605
Low Value: 363,956

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $608,742

Market Land Value: $57,960
Market Improvement Value: $550,782

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $449,284
Assessed Improvements Value: $550,782

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 05, 2018

Current Sale Recording Date: Jul 05, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2018075262
Previous Sale Recording Date: Jan 03, 2012
Previous Sale Contract Date: Dec 29, 2011
Previous Sale Amount: $237,700
Previous Sale Document Type: 70

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Grand Mission

Stats & Trends

Median Asking:

$330,750

Sale Price/ft²

$146

Below Asking

0.03%

Average Days on Market

Average Home Size

2617 ft²

Average Home Age

14.5 years

Currently For Sale

19 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 21047 Warrender Terrace Lane, Richmond, TX, 77407

$2,500 /mo

4 Beds
2 Baths
2,051 ft²

21047 Warrender Terrace Lane, Richmond, TX, 77407 Listing by Steven Montgomery

Unit for rent at 20431 Alpine Meadow Place, Richmond, TX, 77407

$2,800 /mo

5 Beds
3 Baths
3,162 ft²

20431 Alpine Meadow Place, Richmond, TX, 77407 Listing by Tammy Huynh

Unit for rent at 8010 Cliffside Terrace Court, Richmond, TX, 77407

$2,700 /mo

4 Beds
3 Baths
2,763 ft²

8010 Cliffside Terrace Court, Richmond, TX, 77407 Listing by Naoual Earthman

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Andrea Curran, Compass RE Texas, LLC - Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 13488250

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