7427 Lake Run Lane

7427 Lake Run Lane has been categorized by the local assessors in Richmond, TX as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7427 Lake Run Lane has 1,705 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,285 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 399 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7427 Lake Run Lane was last sold in May 16, 2014 for $155,000. According to our calculations, that's $90.91 per sqft. Prior to that sales transaction, the property was sold for $134,800 in Oct 18, 2005. Current property owners are expected to pay $7,644 in taxes per year. The property on 7427 Lake Run Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $286,983. To break that down further, the land itself was valued at $27,825. While improvements to the property were assessed at a total of $259,158. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.