$650,000
$689,999
5.8%For more information regarding the value of a property, please contact us for a free consultation.
4237 Fm 723 RD Richmond, TX 77406
2.66 Acres Lot
Key Details
Sold Price $650,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Wm Andrews
MLS Listing ID 65418441
Annual Tax Amount $3,256
Tax Year 2023
Lot Size 2.662 Acres
Property 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.
Location
State TX
County Fort Bend
Area 37
Building
Lot Description Corner Lot, Other, Split Possible
Sewer Other, None
Water Other, None
Schools
Elementary Schools Bentley Elementary School
Middle Schools Briscoe Junior High School
High Schools Foster High School
School District 33 - Lamar Consolidated
Others
Acceptable Financing Cash, Investor Financing, Other
Listing Terms Cash, Investor Financing, Other
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