He built the surviving Ford House, now in the suburbs of Newton Abbot and his daughter and sole heiress Jane Reynell, married the Parliamentary general Sir William Waller.
At about the time of his marriage in 1600 he bought the estate of Forde in the parish of Wolborough, near Newton Abbot, Devon and immediately set about rebuilding the house.
[3] According to John Prince's The Worthies of Devon, published circa 1701: "Unto this house, King Charles I, of gracious memory, came, attended on by the Duke of Buckingham, and other great lords, September, 15th 1625, and was pleased to take up his lodging there.
His lands including Forde, were inherited by his granddaughter Margaret Waller (born 1633), the only surviving child of his daughter Jane Reynell, who married Sir William Courtenay, 1st Baronet (1628–1702) de jure 5th Earl of Devon of Powderham and had 19 children.
[3] A splendid and costly marble monument with recumbent effigies of Sir Richard, his wife and daughter, exists in Wolborough Church, against the north wall of the chancel.