$320,000
SOLD FEB 17, 2023
Last list price

1603 Martin Lake Dr Richmond, TX 77406

Pecan Grove Neighborhood
3 Beds
2 Baths
2,018 Sq Ft
6,663 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

11 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • 1-Story Property
  • Oakland Elementary School Rated A
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2025

Great location, near to Grand Pkwy 99, with shopping, and amenities. Great bones, new roof and HVAC just need TLC!

Last Agent to Sell the Property

Shirley Baker

Fathom Realty License #0475214 Listed on: 01/09/2023

Fathom Realty

Last Buyer's Agent

Herbert Oliver

Oliver Real Estate Group, LLC License #0414056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 2003

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oakland Elementary School
  • Bowie Middle School
  • Travis High School

Additional Features

  • 6,663 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Crest Managementt Association, Phone Number (281) 945-4630
  • Waterside Estates Sec 9 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,577

Year Built

Built in 2003

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Directions: From 1093, South on 99/Grand Parkway to Mason turn Right, Left on Delta Lake, Right on Waterside Estates Circle, Right on Lake Charlotte, Right on Martin Lake and the house is on the Left.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.153
  • Subdivision Name: Waterside Estates Sec 9
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2018.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Municipal Utility District Disclosure, Seller Disclosure
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 590.0
  • Association Fee Frequency: Annually
  • Association Name: Crest Managementt
  • Phone: 281-945-4630
  • Association: Yes

Schools

  • Elementary School: OAKLAND ELEMENTARY SCHOOL
  • Junior High Dist: 19 - Fort Bend
  • High School: TRAVIS HIGH SCHOOL (FORT BEND)
  • Middle Or Junior School: BOWIE MIDDLE SCHOOL (FORT BEND)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5577.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 24, 2025
Sold by
Patton Susane
Bought by
Libin Jacob and Libin Elsa Jacob
Seller's Agent
JoAnna Grenader
Keller Williams Realty Southwest
Buyer's Agent
Gresham John
eXp Realty LLC
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.11%
Original Mortgage
$256,000
Outstanding Balance
$256,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$73,229

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 17, 2023
Sold by
Farid Yasir J
Bought by
Patton John T and Patton Susane
Seller's Agent
Shirley Baker
Fathom Realty
Buyer's Agent
Herbert Oliver
Oliver Real Estate Group, LLC
List Price
$320,000
Sold Price
$286,000
Premium/Discount to List
-$34,000
-10.62%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$228,800
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Harrison Geneva G
Bought by
Farid Yasir J and Farid Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2003
Sold by
Mhi Partnership Ltd
Bought by
Farid Yasir J and Farid Amy E

Purchase Details

Closed on
Sep 24, 2003
Sold by
Figure Four Partners Ltd
Bought by
Farid Yasir J and Farid Amy E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Wfg National Title Insurance C
Vendors Lien -- Stewart Title
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 New Conventional
Previous Owner $228,800 New Conventional
Previous Owner $18,776 FHA
Previous Owner $193,660 FHA
Previous Owner $196,377 FHA
Previous Owner $240,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $2,400 -2.0% $1 / Sq Ft
07/19/2025 07/19/25 For Rent $2,450 0.0% --
06/25/2025 06/25/25 Sold -- -- --
05/23/2025 05/23/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $325,000 +8.3% $161 / Sq Ft
02/17/2023 02/17/23 Sold -- -- --
01/20/2023 01/20/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $300,000 -6.3% $149 / Sq Ft
01/09/2023 01/09/23 For Sale $320,000 -- $159 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,480 $267,564 $0 $275,882
2022 $4,692 $243,240 $10,770 $232,470
2021 $5,070 $221,130 $32,000 $189,130
2020 $4,909 $209,470 $32,000 $177,470
2019 $4,882 $198,150 $32,000 $166,150
2018 $5,107 $206,840 $32,000 $174,840
2017 $5,301 $210,850 $32,000 $178,850
2016 $4,973 $197,810 $32,000 $165,810
2015 $1,487 $179,830 $32,000 $147,830
2014 $1,560 $163,480 $32,000 $131,480
Source: Public Records

Agents Affiliated with this Home

  • Kirsten San Agustin

    Seller's Agent in 2025

    Kirsten San Agustin

    Nextgen Real Estate Properties

    (281) 520-0132

    1 in this area

    21 Total Sales

    Kirsten San Agustin
    Section Image

  • J

    Seller's Agent in 2025

    JoAnna Grenader

    Keller Williams Realty Southwest

    (281) 265-0000

    1 in this area

    20 Total Sales

    JoAnna Grenader
    Section Image

  • G

    Buyer's Agent in 2025

    Gresham John

    eXp Realty LLC

    (888) 519-7431

    1 in this area

    4 Total Sales

    Gresham John
    Section Image
  • Cole Watkins

    Buyer Co-Listing Agent in 2025

    Cole Watkins

    eXp Realty LLC

    (281) 785-1456

    9 in this area

    662 Total Sales

    Cole Watkins
    Section Image
  • Shirley Baker

    Seller's Agent in 2023

    Shirley Baker

    Fathom Realty

    (832) 841-9575

    1 in this area

    26 Total Sales

    Shirley Baker
    Section Image

  • H

    Buyer's Agent in 2023

    Herbert Oliver

    Oliver Real Estate Group, LLC

    (832) 655-1888

    3 in this area

    15 Total Sales

    Herbert Oliver
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 5089634

Houston Association of REALTORS®

APN: 9163-09-003-0060-907

Texas Fort Bend County Richmond 77406 Pecan Grove

1603 Martin Lake Dr, Richmond, TX

This home is located at 1603 Martin Lake Dr, Richmond, TX 77406 and is currently estimated at $320,000, approximately $158 per square foot. This property was built in 2003. 1603 Martin Lake Dr is a home located in Fort Bend County with nearby schools including Oakland Elementary School, James Bowie Middle School, and William B. Travis High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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The 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.
Information is deemed reliable but not guaranteed.

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