Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$148,662

612 Fm 359 Road, Richmond, TX, 77406

Off MarketInfo
Baths0 Bath
Baths1,056 Sq Ft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size16.14 acres

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN0062-00-000-0471-901
SubdivisionWm Morton
Land UseAgriculture / Farming
Legal Description0062 WM MORTON, TRACT 47, ACRES 16.14
Census Tract673600
Assessment Year2025

About this property

DISCOVER RICHMOND, TX & FORT BEND COUNTY!. This expansive 16-acre property offers exceptional potential in the rapidly expanding Richmond area. Boasting plenty FM 359 road frontage, this land presents a versatile opportunity for commercial development, residential expansion, or a private homestead tucked among the trees. The property can be combined with the adjacent 9 acres, making it an adaptable investment for various uses. Located in growing & desirable Fort Bend County, this prime location is near the booming communities of Harvest Green & Indigo as well as the commercial growth along Grand Parkway (99). The rapid residential & commercial expansion along FM 359, stretching all the way to Fulshear, further enhances the property’s value, ensuring high visibility & accessibility in a thriving market. Whether for investment, business, or personal retreat, the possibilities here are endless. Grow in Richmond, Texas!

Investor Tools

Property Icon
$148,662
Estimated Property Value
$0Estimated Mortgage Balance
$148,662Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,910 /month
Positive
Cash Flow Estimate:
$6,970 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,332
$148,662
2025
N/A
N/A
$1,262,488
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,332
$148,662

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$148,662
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

612 Fm 359 Road | Property Details | No Agent List