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.
Pending
$3,700,000
5015 Fm 359 Rd, Richmond, TX 77406
3beds
2,850sqft
:
Get pre-qualified$26,966/mo
Farm
Built in ----
58 Acres Lot
$3,296,700 Zestimate®
$1,298/sqft
$-- HOA
What's special
Surrounded by mature trees
- 244 days |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tommy Walker TREC #0584325 281-948-1316,
Compass RE Texas, LLC - The Heights
Source: HAR,MLS#: 40985217
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Electric
Interior area
- Total structure area: 2,850
- Total interior livable area: 2,850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Gate
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 58 Acres
- Features: 50 or more Acres
Details
- Parcel number: 0035000000121901
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Farm
Materials
- Cement Board
Condition
- New construction: No
Utilities & green energy
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Abstract Group 4 B-5953
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $1,298/sqft
- Tax assessed value: $457,667
- Annual tax amount: $5,188
- Date on market: 12/12/2025
- Road surface type: Dirt, Gravel
Estimated market value
$3,296,700
$3.10M - $3.49M
$3,215/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Pending sale | $3,700,000$1,298/sqft |
Source:  HAR #40985217 Report a problem | ||
| 12/12/2025 | Listed for sale | $3,700,000$1,298/sqft |
Source: HAR #40985217 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,188 -0.5% | $457,667 +6.8% |
| 2024 | $5,215 +11.1% | $428,546 +10% |
| 2023 | $4,696 -8.7% | $389,587 +10% |
| 2022 | $5,144 +6% | $354,170 +10% |
| 2021 | $4,855 +4.6% | $321,970 +6% |
| 2020 | $4,640 +7.1% | $303,820 +10% |
| 2019 | $4,332 -10% | $276,200 -5.7% |
| 2018 | $4,813 +22.3% | $292,990 +10% |
| 2017 | $3,937 | $266,350 +10% |
| 2016 | $3,937 -0.7% | $242,140 -0.1% |
| 2015 | $3,965 +6.4% | $242,410 +10% |
| 2014 | $3,727 | $220,370 +8.9% |
| 2013 | -- | $202,320 +10% |
| 2012 | -- | $183,930 -3.9% |
| 2011 | -- | $191,360 |
| 2010 | -- | $191,360 -4.6% |
| 2009 | -- | $200,630 -12.8% |
| 2008 | -- | $230,130 +0.9% |
| 2007 | -- | $228,010 +2.1% |
| 2006 | -- | $223,230 +3.7% |
| 2005 | -- | $215,260 -2.3% |
| 2004 | -- | $220,310 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77406
Nearby schools
GreatSchools rating
- 10/10Frost Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 9/10Briscoe Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Foster High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Frost Elementary School (Lamar)
- Middle: Briscoe Junior High School
- High: Foster High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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