Property Report for 503 Summer Trace Ln, Richmond, TX 77406

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503 Summer Trace Ln, Richmond, TX 77406
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503 Summer Trace Ln, Richmond, TX 77406
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Property Details
  • Property Address 503 Summer Trace Ln, Richmond, TX 77406
  • County Fort Bend
  • Parcel ID 6467-01-009-0080-901
  • Legal description RIVERS EDGE SEC 1, BLOCK 9, LOT 8
  • School district Lamar Consolidated Independent School District
  • Acreage 0.22
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 3,675
  • Year built 2005
  • Bedrooms 4
  • Bathrooms 3

About the Property

503 Summer Trace Ln is a single family residence in the city of Richmond, TX 77406. Located in the Lamar Consolidated Independent School District, which resides in Fort Bend County, TX and built in 2005. This Single Family Residence sits on a 9,675 sq ft lot and features 4 bedrooms, 3 bathrooms and 3,675 sq ft of living space.

The most recent property tax for 503 Summer Trace Ln was $3,123 with an estimated market value range of $447,862 to $466,143. This property was last sold on August 30, 2013.

Property Info

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Flood

Ownership

Land
  • Acres 0.22
  • Square Feet 9,675
Building
  • Units N/A
  • Year Built 2005
  • Effective Year Built N/A
  • Stories 2
  • # Fireplaces 2
  • Garage/Carport 441 sq.ft.
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 3,675
  • Total Rooms N/A
  • Bedrooms 4
  • Total Bathrooms 3
  • Full Bathrooms 3
Your Property Report will also include the following information:

Richmond Residential Market Stats

Median Sale Price $398,956 -0.5% YoY
Median Price/sq ft. $153
Fort Bend County Median Sale Price $398,956 -0.5% YoY

See more Real Estate Trends for Richmond including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 503 Summer Trace Ln, Richmond

Tax YearTaxesTax Assesed ValueExemptions
2021$3,123 (-40.1%) $214,030 (+10%)

2021$3,123 (-40.1%) $235,430 (+21%)

2020$5,212 (-1.8%) $194,570 (+10%)

2019

2018

2017

2016

Access Full Tax & Assessment History for 503 Summer Trace Ln, Richmond. View Tax Information

Sales History for 503 Summer Trace Ln, Richmond

The most recent sale on 503 Summer Trace Ln took place on Aug 26, 2013 and recorded on Aug 30, 2013. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
5227 HILLBROOK CT 4.26 mi3,73412/18/2023$420,844$113
5026 HEARTH HOLLOW LN 4.06 mi3,31111/22/2023$498,631$151
6111 WALKERS PARK DR 4.82 mi3,01011/20/2023$450,500$150
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
Access the complete Mortgage and Equity Analysis for 503 Summer Trace Ln, Richmond. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 22, 2022 Confidence Score: 98%

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High
Rental Value Estimate ATTOM
Nov 27, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.