
$2,937,620
NAL Estimated Property Value7011 Fm 723 Rd, Richmond, TX, 77406
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About this property
Stately on 10 acres. Impressive treed/canopied drive, 2 barns with 14 stalls, pens,riding areas,Impressive entry w dble leaded doors, to sweeping medal staircase, huge frml dining w/built in, butlers pantry,frml lR w/massive arched window,Exec study w/built ins,lg open gourmet kit w/ 8x5 island, sit up bar open to family rm w/fp, sunny bfast area,Grand master suite w/fp and jetted tub,2 game rms w/built ins,wet bar,cedar & tons of closets, elegant molding & art niches,shutters,balcony seating
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Richmond
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