$393,381
NAL Estimated Property Value18602 Albany Bay Ln, Richmond, TX, 77407
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About this property
Electricity included (solar) in report! Welcome to 18602 Albany Bay Lane, a modern single-family home built in 2022, nestled in the desirable Grand Vista community of Richmond, Texas. This residence offers 4 bedrooms and 2 bathrooms within 1,802 square feet of thoughtfully designed living space. Situated on an oversized 10,269 square-foot lot, the property provides ample outdoor space for recreation and relaxation, including a custom-built backyard canopy perfect for gatherings. The open-concept layout seamlessly connects the kitchen, dining, and family areas, while the kitchen features modern appliances with generous counter and storage space. Energy-efficient solar panels reduce utility costs and minimize the home’s environmental footprint. Additional features include central cooling, an attached garage, and proximity to local amenities, schools, and parks.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Richmond
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