This 2.68-acre property in Richmond, Texas presents a rare opportunity for residential or commercial use. Just a quarter mile from the intersection of FM 359 and Highway 90, it offers excellent accessibility while retaining a private, partially wooded setting. The lot sits along a mixed-use road with both residential homes and commercial developments, providing flexibility for a custom estate, private retreat, or business venture. Its prime location also places you within an easy reach of Sugar Land, Houston, Fulshear, Katy, and Rosenberg, an advantage for commuters and investors alike. With strong growth and development in the area, this property combines convenience, versatility, and long-term potential.
Lot/land
Price cut: $24K (3/19)
$525,000
137 Fm 359 Rd, Richmond, TX 77406
--beds
0baths
2.68Acres
Unimproved Land
Built in ----
2.68 Acres Lot
$510,400 Zestimate®
$--/sqft
$-- HOA
What's special
Private partially wooded setting
- 1 day |
- 13 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 03:19am
Listed by:
Slate Dylla TREC #0773116 979-618-9118,
The Sears Group
Source: HAR,MLS#: 7032377
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 2.68 Acres
- Features: Other, 2 Up to 5 Acres
Details
- Parcel number: 0062000320050901
Utilities & green energy
- Sewer: Other
- Water: Other
- Utilities for property: Gas Availability Unknown, Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: Wm Morton
Location
- Region: Richmond
Financial & listing details
- Tax assessed value: $172,728
- Annual tax amount: $2,754
- Date on market: 3/19/2026
Estimated market value
$510,400
$485,000 - $536,000
$2,145/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $525,000-4.4% |
Source:  HAR #7032377 Report a problem | ||
| 9/8/2025 | Price change | $549,000-8.3% |
Source: HAR #7032377 Report a problem | ||
| 6/6/2025 | Listed for sale | $599,000 |
Source: HAR #64744512 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $172,728 -1.6% |
| 2024 | $2,494 +18.5% | $175,559 +32.5% |
| 2023 | $2,104 +29.7% | $132,472 +1.5% |
| 2022 | $1,622 -37% | $130,560 -14% |
| 2021 | $2,573 -44.5% | $151,790 -43.6% |
| 2020 | $4,635 +0.5% | $269,120 +3.8% |
| 2019 | $4,613 +110.7% | $259,180 +2.4% |
| 2018 | $2,190 +3.5% | $253,180 +1.4% |
| 2017 | $2,116 | $249,800 +8.1% |
| 2016 | $2,116 -1.1% | $231,130 -1.5% |
| 2015 | $2,140 -6.8% | $234,540 -1.1% |
| 2014 | $2,297 | $237,230 +2.1% |
| 2013 | -- | $232,450 +3% |
| 2012 | -- | $225,710 -8.1% |
| 2011 | -- | $245,660 +10% |
| 2010 | -- | $223,330 +10% |
| 2009 | -- | $203,030 +10% |
| 2008 | -- | $184,570 +10% |
| 2007 | -- | $167,790 +10% |
| 2006 | -- | $152,540 +10% |
| 2005 | -- | $138,670 +10% |
| 2004 | -- | $126,060 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 77406
Nearby schools
GreatSchools rating
- 7/10Stephen F Austin Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Lamar Junior High SchoolGrades: 6-8Distance: 3.2 mi
- 5/10Lamar Cons High SchoolGrades: 8-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Austin 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.
Local experts in 77406
- Texas
- Fort Bend County
- Pecan Grove
- 77406
- 137 Fm 359 Rd
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