7224 E Richter Lane

New Ulm, TX 78950
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Sold
Sold
$1,425,001 - $1,638,000
Sold on September 21, 2022
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4 Bedroom(s)
3 Full Bath(s)
1,456 Sqft.
86.41 Lot Acres
Country Homes/Acreage - Free Standi

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$1.77M
AVM Value
$1.79M
AVM Value
$1.68M
Value Range
$1.29M - $2.24M
Value Range
$1.79M - $1.79M
Value Range
$ 1,682,734
Confidence Score
73%

Margin of Error*: 27%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Recreational Blitz, your Weekend Getaway! This exceptional 86 +/- acre property boasts 2 homes & is only 45 mins West of Katy. This prime property is tucked away & nicely secluded by amazing hardwoods, partly wooded, w/hay pasture & nestled in the highly sought after New Ulm, TX area. A large stocked pond & beautiful year-round spring-fed running creek decorates the property. The main home offers an open concept floorplan, center wood-burning fireplace in the living area, plenty of kitchen space/storage w/a large breakfast bar, 4 bedrooms & 2.5 bathrooms downstairs, 2 spiral metal staircases to upstairs loft areas on both sides of the home. Clearly plenty of space for your family & friends! Additional houses on the property include an old slightly remodeled farmhouse, two-story log cabin, & large wooden barn. Not shown is an apt. that could be made into tiny house & an additional garden crib barn. Your weekend getaway from the hustle & bustle awaits you. Don't let this ONE SLIP AWAY.

MLS#
51544917
Sold Price Range
$1,425,001 - $1,638,000
Listing Status
Sold
Address
7224 E Richter Lane
City
State
TX
Zip Code
County
Subdivision
N/A
Legal Description
A48 THOS. HILL ACRES 86.412
Property Type
Country Homes/Acreage - Free Standi
Bedroom
4 Bedroom(s)
Bath
3 Full Bath(s)
Stories
2
Architecture Style
Ranch
Year Built
1960 / Appraisal District
Building Size
1,456 Sqft/Appraisal District
Land Use
Cattle Ranch,Horses Allowed,Hunting,Leisure Ranch,Mobile Home Allowed,Unrestricted
Lot Size
86.41 Lot Acres./Appraisal District
Has House
Yes
Road Frontage
Farm to Market

Interior

Fireplace
1/Freestanding,Wood Burning Fireplace
Countertop
Formica
Floors
Laminate
Bedroom Description
Primary Bed - 1st Floor
Kitchen Description
Breakfast Bar,Kitchen open to Family Room,Pantry
Room Description
1 Living Area, Living Area - 1st Floor, Loft
Cooling
Central Electric
Heating
Central Electric, Propane
Connections
Electric Dryer Connections, Washer Connections
Compactor
No
Dishwasher
Yes
Disposal
No
Ice Maker
No
Microwave
No
Oven
Electric Oven, Single Oven
Range
Electric Cooktop
Interior
2 Staircases, Balcony, Drapes/Curtains/Window Cover, Fire/Smoke Alarm, High Ceiling

Exterior

Foundation
Slab
Private Pool
No
Lot Description
Cleared, Water View, Wooded
Water Amenity
Pond
Controlled Access
Driveway Gate
Water Sewer
Septic Tank, Well
Road Surface
Gravel
Unit Location
Cleared,Water View,Wooded
Area Pool
No
Tree Description
Clusters,Densely Wooded,Hardwood,Partial Coverage

Rooms

Dining
6 x 20, 1st
Kitchen
11 x 23, 1st
Primary Bedroom
6 x 9, 1st
Bedroom
10 x 3, 2nd
Bedroom
10 x 12, 2nd
Bedroom
10 x 13, 2nd
Primary Bath
4 x 6, 1st
Bath
4 x 4, 2nd

Lot information

Lot Size
86.41 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,575/2021
Tax Rate
1.8096

Additional information

List Type
Exclusive Right to Sell/Lease
Mineral Rights
Yes
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

Houston Association of REALTORS
Source last updated Apr 28, 2024 at 11:47 PM
Listing last updated Sep 26, 2022 at 09:06 AM

7224 E Richter Lane, New Ulm, TX 78950. View photos, map, tax, nearby homes for sale, home values, school info...

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