Houston Daily

The home at 6505 Fm 723 Road, Richmond was sold on Oct. 7 by D. R. Horton-Texas Ltd. and Dr Horton Texas Ltd. for $587,120.

The buyer was Asim Pyarali Maredia.

The property tax paid for this property in 2020 was $13,128. This is 2.2% of the assessed value of the home.

This property is one of 69 sales in Richmond (Fort Bend County) from Sept. 7 to Oct. 7.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.