Google satellite image for 7431 FM 723 Rd, Richmond, TX 77406

Off market dec 2020 for $99K

$1,499,093

Est. refi paymentEst. refi $723/mo

•

4 ba

•

5,943

sq ft

7431 FM 723 Rd, Richmond, TX 77406

About this home

7431 FM 723 Rd is a 5,943 square foot house on a 7.7 acre lot with 5 bedrooms and 4 bathrooms. - it last sold on December 23, 2020 for $99,733. Based on Redfin's Richmond data, we estimate the home's value is $1,499,093.

Single-familyProperty Type

1990Year Built

7.7 acresLot Size

$252Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,499,093

$1.4M since sold in December 2020$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.6% higher than the average sale price ($1.16M) of 6 comparable homes.

SOLD OCT 17, 2025
$1,650,000
A
5 beds6.5 baths7,386 sq ft
7524 Fm 723 Rd, Richmond, TX 77406
SOLD AUG 18, 2026
$2,049,000
B
4 beds3.5 baths4,999 sq ft
6602 Riva Ridge Dr, Richmond, TX 77406
SOLD JUL 1, 2026
$625,000
C
5 beds4 baths4,224 sq ft
11123 Sheldon Bend Dr, Richmond, TX 77406
SOLD JUN 30, 2026
$1,090,000
D
5 beds5.5 baths5,820 sq ft
6611 Riva Ridge Dr, Richmond, TX 77406
SOLD JUL 1, 2026
$539,900
E
5 beds4 baths4,075 sq ft
25415 Woodvine Ridge Dr, Richmond, TX 77406
SOLD OCT 27, 2025
$988,000
F
4 beds3.5 baths3,601 sq ft
2027 E Deerwood Dr, Richmond, TX 77406

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Earn from this home

Sell

$1,339,960

Est. take-home

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Est. cash available

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Rent

$3,909/mo

Redfin rental estimate

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Market trends in 77406, TX

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.6%

0.3% MoM

Median sale price

$425K

$125 MoM

Avg. days on market

69d

1 days MoM

Recently sold homes

353

19 MoM

New listings for sale

NEW 13 HRS AGO
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OPEN SUN, 12PM TO 2PM
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6010 Crystal Water Dr, Richmond, TX 77406
NEW 22 HRS AGO
$1,250,000
5 beds4.5 baths4,416 sq ft
2710 Berry Basket Trl, Richmond, TX 77406
OPEN TODAY, 3PM TO 5PM
$310,000
3 beds2 baths2,174 sq ft
1522 Martin Lake Dr, Richmond, TX 77406
NEW 26 HRS AGO
$475,000
4 beds3.5 baths3,030 sq ft
1622 Rambling Stone Dr, Richmond, TX 77406
$309,900
3 beds2 baths1,608 sq ft
11410 Cypress Elm Ct, Richmond, TX 77406
$299,000
3 beds2 baths2,292 sq ft
1915 Shining Stream Ln, Richmond, TX 77406
OPEN SUN, 2PM TO 4PM
$308,500
4 beds2 baths1,959 sq ft
3831 Carters Lake Dr, Richmond, TX 77406
OPEN SUN, 1PM TO 3PM
$269,000
3 beds2 baths1,794 sq ft
3335 Jane Way, Richmond, TX 77406
LISTED BY REDFIN
$625,000
4 beds4 baths3,793 sq ft
23307 Ovada Ln, Richmond, TX 77406
See all

Provided by Redfin

Sale history for 7431 FM 723 Rd

Year

Property tax

Land + Additions

Assessment*

2026

$23,924 (+1.8%)

$461,904 + $974,496

$1,436,400

2025

$23,497 (−4.6%)

$461,904 + $948,876

$1,410,780

2024

$24,634 (+5.6%)

$461,904 + $1,015,300

$1,477,204

2023

$23,327 (+3.5%)

2022

$22,546 (+9.7%)

2021

$20,550

$493,080 + $651,870

$1,144,950

2020

$20,564 (+6.6%)

2019

$19,286 (+5.8%)

2018

$18,223 (−0.3%)

$443,770 + $488,830

$932,600

2017

$18,270 (+0.7%)

$443,770 + $488,830

$932,600

2016

$18,136 (+9.3%)

$443,770 + $488,830

$932,600

2015

$16,587 (+10.1%)

2014

$15,070 (+0.3%)

$379,710 + $383,430

$763,140

2013

$15,030

$379,710 + $383,430

$763,140

2012

$15,040 (−1.5%)

$379,710 + $383,430

$763,140

2011

$15,269 (+3.5%)

$322,150 + $440,990

$763,140

2010

$14,755 (−8.4%)

$322,150 + $453,700

$775,850

2009

$16,115

$322,150 + $462,820

$784,970

Tax history for 7431 FM 723 Rd

Year

Property tax

Land + Additions

Assessment*

2026

$23,924 (+1.8%)

$461,904 + $974,496

$1,436,400

2025

$23,497 (−4.6%)

$461,904 + $948,876

$1,410,780

2024

$24,634 (+5.6%)

$461,904 + $1,015,300

$1,477,204

2023

$23,327 (+3.5%)

2022

$22,546 (+9.7%)

2021

$20,550

$493,080 + $651,870

$1,144,950

2020

$20,564 (+6.6%)

2019

$19,286 (+5.8%)

2018

$18,223 (−0.3%)

$443,770 + $488,830

$932,600

2017

$18,270 (+0.7%)

$443,770 + $488,830

$932,600

2016

$18,136 (+9.3%)

$443,770 + $488,830

$932,600

2015

$16,587 (+10.1%)

2014

$15,070 (+0.3%)

$379,710 + $383,430

$763,140

2013

$15,030

$379,710 + $383,430

$763,140

2012

$15,040 (−1.5%)

$379,710 + $383,430

$763,140

2011

$15,269 (+3.5%)

$322,150 + $440,990

$763,140

2010

$14,755 (−8.4%)

$322,150 + $453,700

$775,850

2009

$16,115

$322,150 + $462,820

$784,970

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central

Fireplace Information
# of Fireplaces: 2
Has Fireplace

Exterior

Exterior Information
Foundation Type: Concrete
Building Style Type: Conventional
Exterior Wall: Brick Veneer
Building Improvement Type: Residential

Property Information
Subdivision Name: WM ANDREWS
Living Sq. Ft: 5,943
Ground Floor Sq. Ft: 3,791
Building Sq. Ft: 6,691
# of Stories: 2
Stories Type: 2
Legal Description: 0003 WM ANDREWS, TRACT TRACT 14 (PT), ACRES 7.6984

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 748
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 335,342
Municipality Name: RICHMOND
Acres: 7.6984
Zoning Code: ADS
State Use Description: SGL-FAM-RES-HOME

Financial

Assessor Information
Assessment Year: 2026
Tax District County: FT BEND CO GEN

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 5,943
Stories: 2.0
Lot Size: 7.7 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: 1990
County: Fort Bend County
APN: 0003-00-000-0670-901

Home facts updated by county records on Oct 6, 2026

Around this home

Schools

Briscoe Junior High School

Public 6-8 • Assigned • 3.2mi

9/10

Foster High School

Public 9-12 • Assigned • 3.0mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 18-26% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

9/10 Heat Factor

7 days above 111° expected this year, 23 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Richmond, TX • 77406

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 4.7 hours in December, which is comparable to the U.S. average for solar exposure.

9.5 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.43M – $1.72M

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New listings for sale in 77406

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OPEN SUN, 12PM TO 2PM

$899,900

5 beds4 baths6,049 sq ft

6010 Crystal Water Dr, Richmond, TX 77406

NEW 22 HRS AGO

$1,250,000

5 beds4.5 baths4,416 sq ft

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OPEN TODAY, 3PM TO 5PM

$310,000

3 beds2 baths2,174 sq ft

1522 Martin Lake Dr, Richmond, TX 77406

NEW 26 HRS AGO

$475,000

4 beds3.5 baths3,030 sq ft

1622 Rambling Stone Dr, Richmond, TX 77406

$309,900

3 beds2 baths1,608 sq ft

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$299,000

3 beds2 baths2,292 sq ft

1915 Shining Stream Ln, Richmond, TX 77406

OPEN SUN, 2PM TO 4PM

$308,500

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OPEN SUN, 1PM TO 3PM

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3 beds2 baths1,794 sq ft

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Home values near 7431 FM 723 Rd

Data from public records.

Address	Redfin Estimate
7719 FM 723 Road, Richmond, TX 5 Beds \| 3 Baths \| 4982 Sq. Ft.	$1,732,105
7522 FM 723 Road, Richmond, TX 4 Beds \| 2 Baths \| 2836 Sq. Ft.	$651,249

Address	Redfin Estimate
7105 FM 723 Road, Richmond, TX 4 Beds \| 3 Baths \| 3502 Sq. Ft.	$1,360,959
7592 FM 723 Road, Richmond, TX 2 Beds \| 1 Baths \| 1323 Sq. Ft.	$1,177,973

Address	Redfin Estimate
7518 FM 723 Road, Richmond, TX 3 Beds \| 2 Baths \| 1625 Sq. Ft.	$493,446
7524 FM 723 Road, Richmond, TX 5 Beds \| 6.5 Baths \| 7386 Sq. Ft.	$1,715,029

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