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    5621 Boothline Rd Richmond, TX 77469

    Sponsored
    For Sale
    $2,328,975

    8.469 Acres, Prime Richmond Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.469-acre land parcel presents a compelling investment opportunity in Richmond, Texas. Strategically located on Boothline Road, the property boasts approximately 730 feet of frontage, poised to benefit from the road's upcoming expansion. Its proximity to the master-planned community of Austin Point (projected home sales commencing Spring 2025) and less than 200 feet from its entrance, significantly enhances its value. Furthermore, its location near the future Grand Parkway expansion and other substantial developments, including a 1,500-acre tract recently acquired by Johnson Development at FM 2977 and Koeblen Road, underscores its potential for substantial commercial growth. The expansive lot size offers considerable flexibility for diverse development projects. An adjacent 3-acre parcel, situated between this property and the Austin Point subdivision, is also available for purchase, providing an opportunity to acquire a contiguous larger tract. This high-growth area presents an exceptional chance to capitalize on significant future appreciation. The property's strategic location and substantial size make it an ideal investment for discerning developers seeking a foothold in a rapidly expanding market. This is a rare opportunity to secure a prime piece of land in a thriving Texas community. The asking price is $2,328,975. The property is located in Fort Bend County, Texas, with a zip code of 77469.

    Property Features for 5621 Boothline Rd

    General Information

    Property type
    Land
    Lot Size
    368,910 SF

    HighLights

    • 8.469‑acre land parcel in Richmond, TX, listed at $2,328,975.
    • Located on Boothline Rd with approximately 730 feet of frontage.
    • Prime development opportunity near the master‑planned community Austin Point and future Grand Parkway expansion.
    • Suitable for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.726360826823
    Latitude
    29.454035578795

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    FAQs

    What type of property is this?
    Land - 8.469 Acres, Prime Richmond Location
    Where is this land located?
    The property is located at 5621 Boothline Rd Richmond, TX.
    What is the asking price?
    The asking price for this property is $2,328,975.
    What are key features of this property?
    This property features: 8.469-acre land parcel in Richmond, TX, listed at $2,328,975.; Located on Boothline Rd with approximately 730 feet of frontage.; Prime development opportunity near the master-planned community Austin Point and future Grand Parkway expansion.
    Request Owner's contact information
    5621 Boothline Rd Richmond, TX 77469
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    Richmond, TX 77469
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    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
    5621 Boothline Rd Richmond, TX 77469
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