Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7403 Fm 361 Rd Richmond, TX 77469

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,840,000

    Prime residential development opportunity in high-growth Fort Bend County.

    Lot size:
    59.00 Acres

    Property Features for 7403 Fm 361 Rd

    General Information

    Standard status
    Active
    Lot size
    59.00 Acres

    Source: JOE STRACK, BROKER Agent SIOUX SMITH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    80-Acre Development Opportunity in Richmond

    This approximately 80-acre tract offers a development opportunity in Fort Bend County, south of Rosenberg. The land features 1,069 feet of paved frontage on FM-361 and over 2,500 feet of drainage infrastructure along the northeast boundary. Currently utilized for row crop farming, the site is suitable for a residential or mixed-use community. The property is unrestricted and lies entirely within Flood Zone X (not in the floodplain). It is adjacent to a newly created Municipal Utility District (MUD), offering potential access to public water and wastewater services. The location is outside city limits and within the ETJ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.805735
    Latitude
    29.452506

    Nearby Similar for Sale

    • $595,000
      2,940 SF

      Adaptable Building in Historic District

      Versatile commercial property in Richmond's vibrant Downtown Historic District.
      105 S 2Nd St, Richmond, TX 77469
      View Details
    • $2,400,000
      2,510 SF

      Pecan Tree Horse Farm

      Horse farm on 12+ acres with updated home and barn.
      2810 Precinct Line Rd, Richmond, TX 77406
      View Details
    • $5,096,000
      7,581 SF

      New Auto Shop NNN Lease

      New auto shop with a 20-year absolute NNN lease.
      7727 W Grand Pkwy S, Richmond, TX 77407
      View Details
    • $1,925,000

      5.35 Acre Horse Property

      Richmond, TX property with home, barn, and commercial potential.
      4304 Skinner Ln, Richmond, TX 77406
      View Details
    • $9,465,400

      Highway Accessible Fort Bend Land

      Unrestricted land with highway access near Rosenberg and Houston.
      Miller Rd St, Richmond, TX 77407
      View Details
    • $375,000
      1,760 SF

      Lake Creek Residential Property

      Charming 3-bedroom home on a 4-acre lot in Lake Creek.
      6917 Kari Ln, Richmond, TX 77469
      View Details

    FAQs

    What type of property is this?
    Agricultural land - Prime residential development opportunity in high-growth Fort Bend County.
    Where is this agricultural land located?
    The property is located at 7403 Fm 361 Rd Richmond, TX.
    What is the asking price?
    The asking price for this property is $5,840,000.
    What are key features of this property?
    This property features: - ±80 Acres of Unrestricted Land in High-Growth Fort Bend County; - Prime Residential Development Opportunity; - FM-361 Frontage with 1,069 Feet of Paved Road Access
    (979) 637-9892
    Request Owner's contact information
    7403 Fm 361 Rd Richmond, TX 77469
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7403 Fm 361 Rd
    Richmond, TX 77469
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7403 Fm 361 Rd Richmond, TX 77469
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.