Houston Daily

The home at 11002 Shettleston Drive, Richmond was sold on June 2 by 2702 Texas Elm (trust) for $339,144.

The buyers were Cecilio and Meiadel G. Reyes and Cecilio Bernal Reyes Jr.

The property tax paid for this property in 2020 was $3,200. This is 0.9% of the assessed value of the home.

This property is one of 91 sales in Richmond (Fort Bend County) from May 2 to June 2.

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.