$335,000 Last Listed Price
●
House -
Off Market
7638 Rainham Valley Lane
Richmond, TX 77407
4 Beds
2 Baths
1,831 Ft²
$2,503
Est. Monthly
$79
HOA / Fees
5.88%
Cap Rate
About This Property
Welcome to this beautiful 4-bedroom, 2-bath home in the desirable
Lakeview Retreat community of Richmond, TX. The open-concept floor
plan offers a seamless flow from the kitchen to the dining and
family areas, ideal for both daily living and entertaining. The
kitchen features modern appliances, a large island with breakfast
bar, ample cabinetry, and a walk-in pantry. The bright family room,
with large windows and recessed lighting, overlooks the oversized
backyard with a large covered patio. The luxurious primary suite
includes an en suite bathroom with dual sinks, soaking tub,
separate shower, water closet, and walk-in closet. Three additional
bedrooms are filled with natural light and share a stylish
three-piece guest bathroom. Enjoy resort-style amenities such as
scenic walking trails, pool with water slides, recreation center,
and nearby parks. Convenient access to highways, shopping, and
dining adds to the appeal of this exceptional home. Don't miss the
chance to make it yours!
Unit Size
1,831 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$183
Property Type
House
Property Taxes
$778
HOA Dues
$79
Year Built
-
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Cap Rate Calculator
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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 #66076015)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Realty Of America, LLC | $335,000 | |
| Listed by Realty Of America, LLC | |||
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by eXp Realty, LLC | $346,153 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
The Gaven Elevation "N" Plan by D.R.Horton! This One Story Ranch Style Home features High Ceilings, Gorgeous Flooring Throughout high traffic areas, Plush Carpeting in all Bedrooms & Tile in all wet areas! The Casual Dining Room & Amazing Family Rm flows gracefully into the Gourmet Kitchen w/Quartz Counters, Tile Back-splash, Large Eat-in Working Island w/Under-mount Stainless Sink, Drinking Water Filtration System, Stainless Steel Appliances, Tall Upgraded Cabinets & more! The Primary Suite Features high ceilings, lush carpet & Luxurious Bath w/Dual Sink Vanity, Separate Shower, Deep Soaker Tub & Walk-in Closet! Covered rear patio! Three Secondary Bedrooms & One Full Bathroom! HERS Energy Rated, Rinnai Tank-less Gas Water Heater, 2 USB outlets & "Smart Home" w/Amazon Echo & Dot, Skybell, Smart Lighting, Electric Deadbolt, Thermostat & Wireless Security, Control your home from anywhere! NO FLOODING! Amenities include: Pool, Splash Pad & More! Just 20 minutes to The Galleria!
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Listed by: Tricia Turner, Realty Of America, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 66076015
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66076015
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