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4237 Fm 723 Rd

Richmond, TX 77406
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Sold
Sold
$627,001 - $717,000
Sold on January 10, 2025
2.66 Lot Acres
Lots

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Description

Seize the opportunity to own an expansive 2.66-acre unrestricted corner lot in Richmond, a rapidly developing area with immense potential. This prime piece boasts over 238.5 ft frontage on FM 723 Rd, a major arterial within Fort Bend County, which has experienced substantial population growth over the past 20 years. Texas DOT is currently expanding a nine-mile stretch of FM 723 to address the increased traffic. This will significantly improve accessibility and make this lot an even more attractive investment. FM 723 is a key route for residents and commuters accessing FM 1093 and US 59. The lot is strategically located across from Foster High School, Briscoe Jr. High, and Lamar ISD offices. Per the seller, a commercial well has been approved for the lot. With the ongoing infrastructure improvements and its prime location, this lot offers unmatched flexibility and potential for families looking to build their dream homes or investors aiming to capitalize on the booming development.

MLS#
65418441
List Price
$689,999
Sold Price Range
$627,001 - $717,000
Listing Status
Sold
Address
4237 Fm 723 Rd
City
Richmond
State
TX
Zip Code
77406
County
Fort Bend County
Subdivision
Wm Andrews
Legal Description
0003 WM ANDREWS, ACRES 2.2734, FOUNDATION ACADEMY, BLOCK 1,
Property Type
Lots
Lot Size
2.66 Lot Acres./Survey
Key Map©
564L

Financial information

Financing Considered
Cash Sale, Investor, Other
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,256/2023
Tax Rate
1.7902

Extra details you may need to know

HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Exterior

Lot Description
Can Be Subdivided, Corner, Other
Cable
Unknown
Water Sewer
No Water, No Sewer, Other Water/Sewer
Phone
Unknown
Electric
Availability Unknown
Gas
Availability Unknown
Road Surface
Concrete

Lot Information

Lot Size
2.66 Lot Acres /Survey
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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

Information source

Houston Association of REALTORS®
Source last updated May 05, 2026 at 04:47 PM
Listing last updated Jan 10, 2025 at 11:36 PM
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Know the property tax history and market value

Cost/Sqft based on tax value

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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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Assigned schools

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Notice & Disclaimer
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.

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