4237 Fm 723 RD

Richmond,TX 77406

$ 689999

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Option Pending

Purchase Type For Sale

Subdivision Wm Andrews

MLS Listing ID 65418441

Annual Tax Amount $3,256

Tax Year 2023

Lot Size 2.662 Acres

Acres 2.662

Property Description

Seize the opportunity to own an expansive 2.66-acre unrestricted corner lot in Richmond, a rapidly developing area with immense potential. This prime piece boasts over 238.5 ft frontage on FM 723 Rd, a major arterial within Fort Bend County, which has experienced substantial population growth over the past 20 years. Texas DOT is currently expanding a nine-mile stretch of FM 723 to address the increased traffic. This will significantly improve accessibility and make this lot an even more attractive investment. FM 723 is a key route for residents and commuters accessing FM 1093 and US 59. The lot is strategically located across from Foster High School, Briscoe Jr. High, and Lamar ISD offices. Per the seller, a commercial well has been approved for the lot. With the ongoing infrastructure improvements and its prime location, this lot offers unmatched flexibility and potential for families looking to build their dream homes or investors aiming to capitalize on the booming development.

Location

State TX

County Fort Bend

Area Fort Bend County North/Richmond

Building

Lot Description Can Be Subdivided,Corner,Other

Lot Size Range 2 Up to 5 Acres

Sewer No Sewer,Other Water/Sewer

Water No Water,Other Water/Sewer

Schools

Elementary Schools Bentley Elementary School

Middle Schools Briscoe Junior High School

High Schools Foster High School

School District 33 - Lamar Consolidated

Others

Senior Community No

Restrictions No Restrictions,Unknown/Verify

Tax ID 0003-00-000-0456-901

Acceptable Financing Cash Sale,Investor,Other

Tax Rate 1.7902

Disclosures No Disclosures

Listing Terms Cash Sale,Investor,Other

Financing Cash Sale,Investor,Other

Special Listing Condition No Disclosures

View More
Favorite Go Tour