Houston Daily

The home at 1542 Lake Pauline Court, Richmond was sold on June 23 by Christopher and Brigitte Davis for $188,424.

The buyer was Jeffrey Leaumont.

The property tax paid for this property in 2020 was $3,327. This is 1.8% of the assessed value of the home.

This property is one of 71 sales in Richmond (Fort Bend County) from May 23 to June 23.

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.