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Fannett 77705
7976 Rice Lane
$209,000 Last Listed Price
● House - Off Market

7976 Rice Lane

Beaumont, TX 77705
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,525 Ft²
$226,064
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Beautiful home located in the highly desired Hamshire Fannett area! This home offers large livingroom with tray ceiling open to the kitchen with breakfast area. Tile flooring throughout the entire home! Large Primary bedroom with double sinks in the primary bath. Large closet! This home also has a large laundry room area. Great sized backyard with patio perfect for entertaining guest. Best part about this home is NO FLOODING in either storm!!
Unit Size
1,525 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$137
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4007810)

Price History

Date / Event Date Event Price
Jan 28, 2022 Sold
Premium
Sold
Nov 29, 2021 Listed by RE/MAX On The Water - Bolivar $209,000
Listed by RE/MAX On The Water - Bolivar
Beautiful home located in the highly desired Hamshire Fannett area! This home offers large livingroom with tray ceiling open to the kitchen with breakfast area. Tile flooring throughout the entire home! Large Primary bedroom with double sinks in the primary bath. Large closet! This home also has a large laundry room area. Great sized backyard with patio perfect for entertaining guest. Best part about this home is NO FLOODING in either storm!!

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,987
  • Gross Building Area: 2,113
  • Building Area: 1,525
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,525
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUN MEADOW ESTATES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 20 2 SUN MEADOW ESTATES

Neighborhood

  • School District Name: Hamshire-Fannett Independent School District
  • School Tax School District: 849
  • Census Tract: 011303

Geography

  • Parcel: 062760-000-004100-00000
  • Block: 2
  • Lot: 20
  • Municipality: BEAUMONT
  • Latitude: 29.9109
  • Longitude: -94.2346

    Address

  • Full Address: 7976 Rice Ln
  • Address - House Number: 7976
  • Address - Street Name: Rice
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Beaumont
  • Carrier Code: R012
  • 4-Digit Zip Code: 8440
  • Zip Code: 77705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $328,113
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2472
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 65
  • Final Value: 226,186
  • High Value: 282,106
  • Low Value: 170,265

    Market Valuation

  • Market Total Value: $190,644
  • Market Land Value: $20,125
  • Market Improvement Value: $170,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,644
  • Assessed Land Value: $20,125
  • Assessed Improvements Value: $170,519

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3286
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: May 26, 2016
  • Previous Sale Amount: $147,300
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fannett

Stats & Trends

Median Asking:

$492,000

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2796 ft²

Average Home Age

33.3 years

Currently For Sale

6 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 8245 Stacy, Beaumont, TX, 77705

$4,650 /mo

  • 5 Beds
  • 3 Baths
  • 4,318 ft²
8245 Stacy, Beaumont, TX, 77705 Listing by Elena Garofano

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Kati Hall, RE/MAX On The Water - Bolivar
Last Updated: 4 months ago
Data Source: HAR , MLS# 4007810
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 7976 Rice Lane built and last sold?
The property at 7976 Rice Lane was built in 1998 and last sold on Jan 28, 2022 for $190,900.
How much is this home worth?
The estimated value of the home located at 7976 Rice Lane is $212,659.
What are some comparable homes to 7976 Rice Lane?
There are currently no comparable homes to 7976 Rice Lane.
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