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$3,700,000
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Property Description
Discover exceptional potential on this expansive 58-acre property ideally positioned in the fast-growing Richmond area. Easy access from Mason Rd and FM 723, along with substantial FM 359 frontage, this tract is perfectly suited for commercial development, residential projects, or a private estate surrounded by mature trees. Located in highly desirable Fort Bend County, the property sits just minutes from the thriving master-planned communities of Glenwood, Pecan Grove, as well as the rapidly expanding commercial corridor along the Grand Parkway (99). The continued growth along FM 359 stretching toward Fulshear further elevates the land's value, with high visibility, excellent accessibility, and powerful long-term opportunity.
Full Property Details
Full Property Details for 5015 Farm Market 359 Rd
General
- Price: $3,700,000
- Status: Active
- Type: Farm Single-Family
- Source: Houston
- MLS ID: 40985217
- Updated: 12/18/2025
- Added to Site: 113 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security Gate
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- Area: 37
- County: Fort Bend
- Subdivision: ABSTRACT GROUP 4 B-5953
- Driving Directions: Head Southwest on I-69/US-59 S: From central Houston, get onto US-59 South (Southwest Freeway) heading towards Sugar Land/Richmond. Near Sugar Land/Rosenberg: Continue on US-59 S until you reach the exits for Richmond/FM 359. Exit onto FM 359: Take the exit for Farm to Market Road 359 (FM 359). Follow FM 359: Head north on FM 359, and you will find the address 5015 FM 359 in Richmond.
School Information
- Elem School District: 33 - Lamar Consolidated
- Midd School District: 33 - Lamar Consolidated
- High School District: 33 - Lamar Consolidated
- Elementary School: FROST ELEMENTARY SCHOOL (LAMAR)
- Middle School: BRISCOE JUNIOR HIGH SCHOOL
- High School: FOSTER HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Gas
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Traditional
- Structure Type: House
- Construction: Brick, Cement Siding
- Stories/Levels: 1
- Square Feet: 2,850
- Sq. Ft. Source: Owner
- Living Area: 2,850 Sq. Ft.
Lot Features
- Lot Size (Acres): 58
- Frontage: Farm to Market Road, Dirt, Gravel
- Potential Use: Agricultural, Other
Disclosures and Reports
- Special Conditions: None
- Legal Description: 0035 S ISSACS, ACRES 1.00, OUT OF 5.502 ACRE TRACT
- Legal Disclosures: None
- APN: 0035-00-000-0121-901
Listed by Compass RE Texas, LLC - The Heights (832) 899-4788, Tommy Walker (281) 948-1316
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Schools
Schools serving 5015 Farm Market 359 Rd
School District:Lamar Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Bentley El 9910 Farm to Market 359, Richmond, TX 77406 | PK-5 | 2.2 mi |
Dean Leaman Junior High School 9320 Charger Way, Fulshear, TX 77441 | 7-8 | 4.4 mi |
Fulshear High School 9302 Charger Way, Fulshear, TX 77441 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5015 Farm Market 359 Rd
Date
Details
Price
Change
Source
12/12/2025
Listed
$3,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5015 Farm Market 359 Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$758
—
$48,338
—
2024
$758
-80%
$48,338
-5%
2023
$3,726
1317%
$51,054
-97%
2021
$263
—
$1,889,330
12081%
2021
$263
2%
$15,510
4%
2020
$258
-4%
$14,970
4%
2018
$268
—
$14,440
—
2017
$268
4%
$14,440
—
2019
$257
-4%
$14,440
—
2016
$269
-1%
$14,440
—
2015
$271
—
$14,440
—
2014
$272
—
$14,440
—
2013
$273
—
$14,440
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5015 Farm Market 359 Rd
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