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.
For sale
$3,700,000
5015 Fm 359 Rd, Richmond, TX 77406
3beds
2,850sqft
Est.:
Farm
Built in ----
58 Acres Lot
$-- Zestimate®
$1,298/sqft
$-- HOA
What's special
Surrounded by mature trees
- 106 days |
- 132 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: December 18, 2025 at 07:48am
Listed by:
Tommy Walker TREC #0584325 281-948-1316,
Compass RE Texas, LLC - The Heights
Source: HAR,MLS#: 40985217
Tour with a local agent
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
- Date on market: 12/12/2025
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,761/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $3,700,000$1,298/sqft |
Source:  HAR #40985217 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $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
BuyAbility℠ payment
Est. payment
$24,650/mo
Principal & interest
$19069
Property taxes
$5581
More affordability tools
Climate risks
Neighborhood: 77406
Nearby schools
GreatSchools rating
- 10/10Frost Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 8/10Briscoe 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.
Local experts in 77406
- Texas
- Fort Bend County
- Richmond
- 77406
- 5015 Fm 359 Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Richmond Topics
