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Single Family ResidenceResidential
$355,403$163 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1502 MARTIN LAKE DR

RICHMOND, TX 77406
3
Beds
2
Baths
2,174 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$355K
$338K low$372K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$167,778
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$134,222
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.52%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$187,625
WELLS FARGO BANK NA · recorded Aug 8, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,609 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$358,678 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$54,912
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$306,139
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$326,071
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$361,051

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyFORT BEND
Lot (acres)The size of the land the home sits on, from county records.0.22
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Interior
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 119 ft²Porch · 200 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Oakland Elementary SchoolA-
Elementary · Grades KG–5 · 0.7 mi
H
Travis High SchoolA-
High · Grades 9–12 · 0.8 mi
M
James Bowie Middle SchoolA
Middle · Grades 6–8 · 1.8 mi

District: Fort Bend Independent School District

Neighborhood · ZIP 77406These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.69
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.20

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.70,172
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,000 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$135,899
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$166,511
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1502 Martin Lake Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Richmond 77406
  • Costs more per square foot than 80% of homes in Waterside Estates
  • Smaller than 74% of homes in Richmond 77406
  • Has a bigger lot than 69% of homes in Fort Bend County
  • Older than 71% of homes in Richmond 77406

What homes are worth in Richmond 77406

Each bar is how many homes fall in that price range. The marker is this home.

This home
$224K$1.4M

This home is worth more than 28% of homes in Richmond 77406.

How it measures up in Richmond 77406

The dot is this home. The mark in the middle is the typical home in Richmond 77406.

Estimated value$355,403
CheaperTypical $433,703Pricier

Pricier than 28% of homes nearby

Price per ft²$163
CheaperTypical $165Pricier

Pricier than 48% of homes nearby

Living area2,174 ft²
SmallerTypical 2,649 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.22 ac
SmallerTypical 0.18 acBigger

Bigger than 65% of homes nearby

Year built2003
OlderTypical 2012Newer

Newer than 29% of homes nearby

How 1502 Martin Lake Dr ranks against every home in each area.
MeasureThis homeWaterside EstatesRichmond 77406Fort Bend County
Estimated valuepricier than$355,40337% of homes28% of homes42% of homes
Price per ft²pricier than$16380% of homes48% of homes49% of homes
Living areabigger than2,174 ft²30% of homes26% of homes38% of homes
Lot sizebigger than0.22 ac63% of homes65% of homes69% of homes
Year builtnewer than200362% of homes29% of homes45% of homes

About 1502 Martin Lake Dr

How much is 1502 Martin Lake Dr, Richmond, TX worth?

The TopHap Estimate for 1502 Martin Lake Dr, Richmond, TX is $355,403 as of Jul 14, 2026. The likely range is $338,387 to $372,419. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1502 Martin Lake Dr, Richmond, TX last sell?

1502 Martin Lake Dr, Richmond, TX last sold on Apr 26, 2019, according to the county's recorded deed.

How big is 1502 Martin Lake Dr, Richmond, TX?

1502 Martin Lake Dr, Richmond, TX has 3 bedrooms, 2 bathrooms, 2,174 square feet of living space and a 0.22-acre lot.

When was 1502 Martin Lake Dr, Richmond, TX built?

1502 Martin Lake Dr, Richmond, TX was built in 2003, making it 23 years old. It is a conventional home. The building has 1 story.

What schools serve 1502 Martin Lake Dr, Richmond, TX?

1502 Martin Lake Dr, Richmond, TX is assigned to Oakland Elementary School (elementary), rated A-; Travis High School (high), rated A-; James Bowie Middle School (middle), rated A. All sit in Fort Bend Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1502 Martin Lake Dr, Richmond, TX compare to other homes in Richmond 77406?

Among the 24,024 homes in Richmond 77406, it is worth more than 28% of them ($355,403 against a typical $433,703), its price per square foot is higher than 48% of them ($163 against a typical $165), it is bigger than 26% of them (2,174 ft² against a typical 2,649 ft²), its lot is bigger than 65% of them (0.22 ac against a typical 0.18 ac) and it is newer than 29% of them (2003 against a typical 2012). Measured against all of Fort Bend County, it is worth more than 42% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1502 Martin Lake Dr, Richmond, TX?

The 2024 property tax bill for 1502 Martin Lake Dr, Richmond, TX was $3,609. The county assessed it at $358,678.

Closest homes

More homes in Richmond 77406

Assigned schools

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