5015 Farm Market 359 Rd Richmond, TX 77406
Estimated payment $19,526/month
Highlights
- 58 Acre Lot
- Traditional Architecture
- Central Heating and Cooling System
- Frost Elementary School Rated A
- Security Gate
- 2 Car Garage
About This Home
Discover exceptional potential on this expansive 58-acre property ideally positioned in the fast-growing Richmond area. Easy access from Mason Rd and FM 723, along with substantial FM 359 frontage, this tract is perfectly suited for commercial development, residential projects, or a private estate surrounded by mature trees. Located in highly desirable Fort Bend County, the property sits just minutes from the thriving master-planned communities of Glenwood, Pecan Grove, as well as the rapidly expanding commercial corridor along the Grand Parkway (99). The continued growth along FM 359 stretching toward Fulshear further elevates the land’s value, with high visibility, excellent accessibility, and powerful long-term opportunity.
Listing Agent
Compass RE Texas, LLC - The Heights License #0584325 Listed on: 12/12/2025
Home Details
Home Type
- Single Family
Lot Details
- 58 Acre Lot
- Dirt Road
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Cement Siding
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Security Gate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Frost Elementary School
- Briscoe Junior High School
- Foster High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Well
- Aerobic Septic System
- Septic Tank
Community Details
- Abstract Group 4 B 5953 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $758 | $48,338 | $39,668 | $8,670 |
| 2024 | $758 | $48,338 | $39,668 | $8,670 |
| 2023 | $3,726 | $51,054 | $42,384 | $8,670 |
| 2022 | $31,990 | $1,889,330 | $1,878,140 | $11,190 |
| 2021 | $263 | $15,510 | $7,510 | $8,000 |
| 2020 | $258 | $14,970 | $6,970 | $8,000 |
| 2019 | $268 | $14,440 | $6,440 | $8,000 |
| 2018 | $268 | $14,440 | $6,440 | $8,000 |
| 2017 | $269 | $14,440 | $6,440 | $8,000 |
| 2016 | $269 | $14,440 | $6,440 | $8,000 |
| 2015 | $271 | $14,440 | $6,440 | $8,000 |
| 2014 | $272 | $14,440 | $6,440 | $8,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $3,700,000 | -- | $1,850 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- |
Source: Houston Association of REALTORS®
MLS Number: 40985217
APN: 0035-00-000-0121-901
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