




$295,000
7223 Palmito Ranch Drive, Richmond, TX, 77406
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About this property
This single story ranch style home in Long Meadow Farms offers 1908 square feet with 4 bedrooms and 2 baths, designed with a warm open concept layout. The island kitchen with updated appliances flows into the main living area, which features new flooring for a clean, refreshed look. French doors lead to a study that can function as a home office or optional fourth bedroom. The primary suite sits at the back of the home with a walk-in closet, double vanities, and a comfortable bath layout. Outdoor spaces include a covered front porch, a covered back patio, and a backyard with a concrete privacy wall. Community amenities include an HOA maintained gym, two swimming pools, and miles of walking trails along the lake and river, with a neighborhood park just a short distance away. The property is zoned to Lamar CISD, known for its strong academic reputation. Refrigerator, washer, and dryer remain with the home.
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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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