$499,000
SOLD MAY 27, 2022
Last list price

7323 Power Line Rd Richmond, TX 77469

1 Bed
1 Bath
4,052 Sq Ft
2.45 Acres

Recently Sold

$123 Per Sq Ft

111 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Window Unit Heating System
  • Window Unit Cooling System

About This Home

As of May 2022

A rare and incredible opportunity to invest, build a dream home, or simply buy and hold! Please be advised, owner is open to bundling this property along with 5021 Mourning Dove at a discounted price. This grand property offers nearly 2.45 acres with a one single family home a two car garage, and 4 mobile homes that are all currently leased. This large property is filled with potential and is ready for new construction. Scout the area and you will find new builds, and master planned communities all over. Book your showings while its still on the market!

Last Agent to Sell the Property

Jimmie Medina

Real Properties License #0738660 Listed on: 01/12/2022

Last Buyer's Agent

Liset Estrada

Texas Realty License #0745959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1925

Lot Details

  • 2.45 Acre Lot
  • Cleared Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 4,052 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Meyer Elementary School
  • Wright Junior High School
  • Randle High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Well

Community Details

  • Dove Meadows Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,452

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Directions: Take US 59 to FM 762. Go left about 1/2 mile to FM 2977. Turn right and go about 4-5 miles to Power Line Road. The lot is next to the intersection of Whitewing Dr. and Powerline Rd. The property is to the left of 5222 Whitewing Dr.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1925
  • Lot Size Acres: 2.45
  • Subdivision Name: Dove Meadows
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 4052.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Other
  • Lot Features: Cleared
  • Pool Private: No
  • Construction Type: Unknown
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Other, Well

Schools

  • Elementary School: MEYER ELEMENTARY SCHOOL (LAMAR)
  • Junior High Dist: 33 - Lamar Consolidated
  • High School: RANDLE HIGH SCHOOL
  • Middle Or Junior School: WRIGHT JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
May 27, 2022
Sold by
Nettles Joe E
Bought by
Estrada Liset
Seller's Agent
Jimmie Medina
Real Properties
Buyer's Agent
Liset Estrada
Texas Realty
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$311,250
Outstanding Balance
$297,852
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$388,148

Purchase Details

Listed on
Jan 12, 2022
Closed on
Apr 11, 2022
Sold by
Joe Nettles Irrrevocable Living Trust
Bought by
Nettles Joe
Seller's Agent
Jimmie Medina
Real Properties
Buyer's Agent
Liset Estrada
Texas Realty
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$297,852
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$388,148
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 -- Allegiance Title Company
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 For Sale $700,000 +40.3% $748 / Sq Ft
05/27/2022 05/27/22 Sold -- -- --
05/03/2022 05/03/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $499,000 -- $123 / 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 $3,070 $181,858 $45,200 $136,658
2022 $3,128 $174,430 $45,200 $129,230
2021 $2,415 $134,580 $45,200 $89,380
2020 $2,271 $124,630 $45,200 $79,430
2019 $2,655 $135,850 $45,200 $90,650
2018 $2,600 $132,720 $45,200 $87,520
2017 $2,578 $131,240 $45,200 $86,040
2016 $2,653 $135,070 $45,200 $89,870
2015 $2,634 $133,280 $45,200 $88,080
2014 $2,472 $131,130 $45,200 $85,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 82527543

Houston Association of REALTORS®

APN: 2760-01-001-0000-901