7342 Somerset Hill Ln Richmond, TX 77407
Lakemont NeighborhoodEstimated payment $2,519/month
Highlights
- Pond
- Traditional Architecture
- 1 Fireplace
- H.F. McNeill Elementary School Rated A
- Engineered Wood Flooring
- Quartz Countertops
About This Home
Welcome to your like-new home, recently renovated and move-in ready! The home was fully refreshed with a brand-new roof and freshly painted interior and exterior. Inside, you’ll find numerous upgrades including engineered hardwood flooring, a spacious walk-in master shower, and quartz countertops in the large kitchen that opens up to the expansive family room.
This home features 3 bedrooms and 2 full bathrooms, with an open-concept layout filled with natural light from large windows throughout. All appliances are included—refrigerator, range, microwave, plus washer and dryer. The water heater was replaced this year for added peace of mind. Located well maintained Lakemont community, you'll enjoy quick access to Westpark Tollway and Grand Parkway (99) for easy commuting. The community lake offers a peaceful setting for evening walks. New amenities, playgrounds, and more. Zoned to great schools, this home offers the perfect blend of comfort, convenience, and community.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,366
Year Built
- Built in 2003
Lot Details
- 6,621 Sq Ft Lot
- Cleared Lot
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Cement Siding
Interior Spaces
- 2,082 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Engineered Wood Flooring
- Washer
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Prewired Security
- Fire and Smoke Detector
Outdoor Features
- Pond
Schools
- Mcneill Elementary School
- Banks Middle School
- Tomas High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
Overview
- Association fees include clubhouse, recreation facilities
- Graham Management Houston Association, Phone Number (713) 334-8000
- Lakemont Sec 4 Subdivision
Amenities
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Park
- Trails
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,904 | $313,451 | $37,895 | $285,339 |
| 2024 | $5,904 | $284,955 | $5,973 | $278,982 |
| 2023 | $5,904 | $259,050 | $0 | $291,577 |
| 2022 | $5,838 | $235,500 | $0 | $264,740 |
| 2021 | $6,041 | $214,090 | $27,830 | $186,260 |
| 2020 | $6,003 | $210,470 | $27,830 | $182,640 |
| 2019 | $6,012 | $201,620 | $27,830 | $173,790 |
| 2018 | $5,880 | $196,340 | $27,830 | $168,510 |
| 2017 | $5,851 | $194,890 | $27,830 | $167,060 |
| 2016 | $5,527 | $184,110 | $27,830 | $156,280 |
| 2015 | $3,385 | $173,120 | $27,830 | $145,290 |
| 2014 | $2,992 | $151,650 | $27,830 | $123,820 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | Price Changed | $345,000 | -2.0% | $166 / Sq Ft |
| 07/26/2025 07/26/25 | Price Changed | $352,000 | -4.6% | $169 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $369,000 | -- | $177 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $191,468 | None Available | |
| Deed | -- | -- | |
| Vendors Lien | -- | North American Title Co | |
| Warranty Deed | -- | North American Title Co | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $191,468 | FHA | |
| Previous Owner | $126,800 | Unknown | |
| Previous Owner | $15,800 | Stand Alone Second | |
| Previous Owner | $137,365 | Purchase Money Mortgage |
Source: Houston Association of REALTORS®
MLS Number: 12318551
APN: 4790-04-004-0150-901
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