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Single Family ResidenceResidential
$610,934$376 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

7518 FM 723 RD

RICHMOND, TX 77406
3
Beds
2
Baths
1,625 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
6.27 ac
Lot SizeThe size of the land the home sits on, from county records.
1938
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$611K
$571K low$651K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,547 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$365,886 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$227,913
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$137,973
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$337,591
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$365,886

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.67
61
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
52
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
99
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
56
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
71
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.26 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Contemporary
CountyFORT BEND
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Rural
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 320 ft²Patio · 1,000 ft²Porch · 180 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Tomas High School
High · Grades 9–12 · 0.6 mi
E
Fagert Elementary School
Elementary · Grades PK–5 · 0.7 mi
M
Banks Junior High School
Middle · Grades 7–8 · 0.8 mi

District: Lamar Consolidated Independent School District

Neighborhood · ZIP 77406These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.69
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.20

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.70,172
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,000 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$135,899
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$166,511
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7518 Fm 723 Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 82% of homes in Fort Bend County
  • Among the highest price per square foot in Richmond 77406
  • Smaller than 94% of homes in Richmond 77406
  • Among the largest lots in Richmond 77406
  • Among the oldest homes in Richmond 77406

What homes are worth in Richmond 77406

Each bar is how many homes fall in that price range. The marker is this home.

This home
$242K$1.4M

This home is worth more than 80% of homes in Richmond 77406.

How it measures up in Richmond 77406

The dot is this home. The mark in the middle is the typical home in Richmond 77406.

Estimated value$610,934
CheaperTypical $428,490Pricier

Pricier than 80% of homes nearby

Price per ft²$376
CheaperTypical $161Pricier

Pricier than almost all homes nearby

Living area1,625 ft²
SmallerTypical 2,659 ft²Bigger

Bigger than 6% of homes nearby

Lot size6.27 ac
SmallerTypical 0.19 acBigger

Bigger than almost all homes nearby

Year built1938
OlderTypical 2011Newer

Older than almost all homes nearby

How 7518 Fm 723 Rd ranks against every home in each area.
MeasureThis homeRichmond 77406Fort Bend County
Estimated valuepricier than$610,93480% of homes82% of homes
Price per ft²pricier than$376almost all homesalmost all homes
Living areabigger than1,625 ft²6% of homes15% of homes
Lot sizebigger than6.27 acalmost all homesalmost all homes
Year builtnewer than1938almost no homesalmost no homes

About 7518 Fm 723 Rd

How much is 7518 Fm 723 Rd, Richmond, TX worth?

The TopHap Estimate for 7518 Fm 723 Rd, Richmond, TX is $610,934 as of Sep 24, 2026. The likely range is $570,825 to $651,043. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7518 Fm 723 Rd, Richmond, TX last sell?

7518 Fm 723 Rd, Richmond, TX last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7518 Fm 723 Rd, Richmond, TX?

7518 Fm 723 Rd, Richmond, TX has 3 bedrooms, 2 bathrooms and 1,625 square feet of living space.

When was 7518 Fm 723 Rd, Richmond, TX built?

7518 Fm 723 Rd, Richmond, TX was built in 1938, making it 88 years old. It is a contemporary home. The building has 1 story.

What schools serve 7518 Fm 723 Rd, Richmond, TX?

7518 Fm 723 Rd, Richmond, TX is assigned to Tomas High School (high); Fagert Elementary School (elementary); Banks Junior High School (middle). All sit in Lamar Consolidated Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7518 Fm 723 Rd, Richmond, TX compare to other homes in Richmond 77406?

Among the 25,612 homes in Richmond 77406, it is worth more than 80% of them ($610,934 against a typical $428,490), its price per square foot is higher than almost all of them ($376 against a typical $161), it is bigger than 6% of them (1,625 ft² against a typical 2,659 ft²), its lot is bigger than almost all of them (6.27 ac against a typical 0.19 ac) and it is newer than almost none of them (1938 against a typical 2011). Measured against all of Fort Bend County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7518 Fm 723 Rd, Richmond, TX?

The 2025 property tax bill for 7518 Fm 723 Rd, Richmond, TX was $1,547. The county assessed it at $365,886.

More homes on Fm 723 Rd

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