LOW TAX RATE. OWNER FIN AVAILABLE. RARE FIND! ~5 Acres in Richmond, surrounded by master planned communities. If you're looking for privacy, this is it. There's a private road from Pitts Rd with 20' frontage that takes you into your private oasis. Mature trees, but much clearing done with plenty of lush greenery. Minutes from 99, and Hwy 90, this property has several exit strategies. Can be torn down for a private luxury compound for a secluded home, or consider subdividing. Another option is building a larger primary home, and keeping the current home and turning current home into a 2nd residence. Current home does need work and has foundation issues, as such, no value is being assigned to it. It's being sold as-is, but could be used as part of future plans. The true value is in the privacy & secluded nature of these 4.987 acres. Check out the 3D tour to preview the home. *Well/Septic on site. Septic system is newer and fully maintained and operational. Well is also fully operational.
For sale
Price cut: $150K (10/17)
$1,350,000
1550 Pitts Rd, Richmond, TX 77406
4beds
3,285sqft
Est.:
Single Family Residence
Built in 1998
5 Acres Lot
$1,280,600 Zestimate®
$411/sqft
$-- HOA
What's special
Private oasisPlenty of lush greeneryMature trees
- 146 days |
- 294 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 29, 2025 at 01:20pm
Listed by:
Evan Compean TREC #0617930 832-777-3904,
Compean Group
Source: HAR,MLS#: 63214731
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher
- Laundry: Washer Hookup
Features
- Crown Molding, Formal Entry/Foyer, High Ceilings, 1 Bedroom Up
- Flooring: Laminate, Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,285
- Total interior livable area: 3,285 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 1
Lot
- Size: 5 Acres
- Features: Other, 2 Up to 5 Acres
Details
- Parcel number: 0062000000770901
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Well
Community & HOA
Community
- Subdivision: Wm Morton
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $752,112
- Annual tax amount: $10,955
- Date on market: 8/7/2025
- Listing terms: Cash,Owner Will Carry
- Road surface type: Dirt, Gravel
Estimated market value
$1,280,600
$1.22M - $1.34M
$2,806/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Price change | $1,350,000-10%$411/sqft |
Source:  HAR #63214731 Report a problem | ||
| 8/7/2025 | Listed for sale | $1,500,000$457/sqft |
Source: HAR #63214731 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $752,112 +7.7% |
| 2025 | $6,376 +2.1% | $698,291 +10% |
| 2024 | $6,242 +85.3% | $634,810 +88.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,225/mo
Principal & interest
$6716
Property taxes
$2036
Home insurance
$473
Climate risks
Neighborhood: 77406
Nearby schools
GreatSchools rating
- 8/10Stephen F Austin Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Lamar J High SchoolGrades: 6-8Distance: 4.8 mi
- 5/10Lamar Cons High SchoolGrades: 8-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Austin Elementary School (Lamar)
- Middle: Briscoe Junior High School
- High: Foster High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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