Houston Daily

The home at 20927 Tranquil Shores Drive, Richmond was sold on Aug. 4 by Samoilov Alexandre D. for $314,576.

The buyer was Farnon Denise B.

The property tax paid for this property in 2020 was $6,244. This is 2% of the assessed value of the home.

This property is one of 76 sales in Richmond (Fort Bend County) from July 4 to Aug. 4.

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.