Houston Daily

The home at 5807 Brazos Lakes Drive, Richmond was sold on July 1 by Akeia K McCartha for $695,880.

The buyer was Lamont Deandre Calhoun.

The property tax paid for this property in 2020 was $12,042. This is 1.7% of the assessed value of the home.

This property is one of 67 sales in Richmond (Fort Bend County) from June 1 to July 1.

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.