Houston Daily

The home at 5822 Grand Saline Drive, Richmond was sold on July 17 by Amer Luaibi I-Iashim, Luaibi Hashim Amer and Fahem Hailah for $238,450.

The buyers were Walijah Muhammad and Toor Rizwana.

The property tax paid for this property in 2020 was $3,922. This is 1.6% of the assessed value of the home.

This property is one of 69 sales in Richmond (Fort Bend County) from June 17 to July 17.

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.