Houston Daily

The home at 6505 Fm 723 Road, Richmond was sold on Oct. 17 by Syed Masood Wahid for $587,120.

The buyers were Musarrat and Akram Masood.

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 77 sales in Richmond (Fort Bend County) from Sept. 17 to Oct. 17.

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.