Under Contract

5015 Farm Market 359 Road

Richmond, TX 77406
Mark as Favorite
SqFt2,850

Sqft(Lot)

Acres58

Acres(Lot)

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.

Detail Ic Property Details

Property Type : Farm

Price : $3,700,000

AD Id : 70922374

MLS Id : 40985217

Beds : 3

Lot Size : 58 Acres(Lot)

Living Area Size : 2,850

Garage : 2

County : Fort Bend

Subdivision: Montgomery

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 6
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric

  • Building Information

    Building Area Total: 2850 Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 58 Acres Lot Size Acres: 58 Lot Size Square Feet: 2526480

    Property Information

    Subdivision: Abstract Group 4 B-5953 Source Property Type: Farm

  • Listing Price Information

    Listing Price: $3700000

  • Tax Information

    Parcel Number: 0035000000121901 Tax Legal Desc: 0035 S ISSACS, ACRES 1.00, OUT OF 5.502 ACRE TRACT

  • Parking Information

    Parking Total: 2 Gated

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Frost Elementary School (Lamar)
    Junior High School: Briscoe Junior High School
    Senior High School: Foster High School
  • Location Information

    Direction: 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. WaterSource: Well
Sell a home like this and save $221,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
721 Alt Us-90 W, Richmond, TX, 77406 $475,000 -- -- -- 1.52 Acres(Lot)
Fm 359 Road, Richmond, TX, 77406 $1,500,000 -- -- -- 4.73 Acres(Lot)
TBD Precinct Line Road, Richmond, TX, 77406 $1,890,000 -- -- -- 19.83 Acres(Lot)
TBD Penn Lane, Richmond, TX, 77406 $575,000 -- -- -- 2.30 Acres(Lot)
Paseo Companario Drive, Richmond, TX, 77406 $273,000 -- -- -- 1.01 Acre(Lot)
000 W Hidden Lake Lane, Richmond, TX, 77406 $595,000 -- -- -- 2.50 Acres(Lot)
1221 E Highway 90 Alt, Richmond, TX, 77406 $650,000 -- -- -- 2 Acres(Lot)
Timothy Lane, Richmond, TX, 77406 $315,000 -- -- -- 1.83 Acres(Lot)
607 Timothy Lane, Richmond, TX, 77406 $75,000 -- -- -- 0.52 Acre(Lot)
702 & 612 Fm 359 Road, Richmond, TX, 77406 $5,478,000 -- -- -- 25.15 Acres(Lot)

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/25/2026 @ 15:48

MLS: 40985217 LISTED BY: Tommy Walker, Compass RE Texas, LLC - The Heights SOURCE: Houston Association of REALTORS

Homes around $3,700,000

Selling? Save $221,501 when you sell a home like this

Tour with a ByOwner Agent