Houston Daily

The home at 11226 E Lake Gables Drive, Richmond was sold on April 25 by Mary Castenson for $159,416.

The buyers were Ryan and Tyler Hill.

The property tax paid for this property in 2020 was $2,966. This is 1.9% of the assessed value of the home.

This property is one of 73 sales in Richmond (Fort Bend County) from March 25 to April 25.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.