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2531 Fm 1940, Franklin, TX, 77856

$399,000

25.52 Acres
Land

Location

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Property Highlights

Home TypeOther
Garage1 space
Year Built1940
HeatingOther
CoolingOther
MLS #88804171
Lot Size25.52 Acres
StatusActive

About 2531 Fm 1940

Summary: Rex's Retreat is a remarkable recreational and investment property in Robertson County, offering a picturesque landscape with rolling terrain, expansive pastures, diverse wildlife, excellent habitat, and existing utilities. It stands out as an exceptional property catering to a wide range of land buyers. Terrain & Land: Pastures adorned with improved grasses, ideal for supporting a cattle herd. These pastures are cultivated for round bales multiple times each year. The rolling topography lends the property a sense of spaciousness. A tranquil pond is nestled within a pocket of trees, providing shade for cattle and a thriving habitat for wildlife. Frontage along FM 1940, with a well-maintained dedicated entrance. The fencing along the road is in excellent condition, while the rear of the property is enclosed by high-quality fencing. Utilities, including electrical service and an active water meter. Hunting Cabin/Home: The modest home on the property

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Capitol Ranch Real Estate
  • Office Phone: (855) 968-1200
  • Listing Agent: Colton Harbert

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 25.52 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Franklin High School, Public District Grades 9-12
  • Franklin Middle School, Public District Grades 6-8
  • Roland Reynolds Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From New Baden, travel East 2.5 miles. Property is on the North side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

See how this home compares to others in Franklin, TX.

Med. Sold Price

$415K

Med. Price/SqFt

$254

Avg. Days On Market

10

# of Sold Homes

1

2531 Fm 1940 vs Franklin

416 DAYS ON ROCKET

+406 Days

$399,000

-$16K Less

KEY TAKEAWAY

This property is $16K less than the Median Sold Price in Franklin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #88804171

Listing Office:

  • Office Name: Capitol Ranch Real Estate
  • Office Phone: (855) 968-1200
  • Listing Agent: Colton Harbert

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 10/31/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,059

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-826851
9
/10
  • Roland Reynolds Elementary School

  • 317 North Owensville

  • 5.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-826852
8
/10
  • Franklin Middle School

  • 1098 West Decherd St

  • 6.50 miles

  • Public District Grades 6-8

High School

school-card-donut-826853
7
/10
  • Franklin High School

  • 1252 Fm 1644

  • 6.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,478. The most common annual income of people living in Franklin, TX is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2531 Fm 1940

What is the listing price of this property?

The listing price of 2531 Fm 1940 property is $399,000.

What type of property is this?

The property 2531 Fm 1940 is land located in Franklin, Texas, 77856.

Is this property for sale now?

Active Listing: 2531 Fm 1940 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2531 Fm 1940 are:
Roland Reynolds Elementary School: GreatSchools Rating 9/10
Franklin Middle School: GreatSchools Rating 8/10
Franklin High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 2531 Fm 1940 is 25.52 acres.
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Rocket HomesTexasRobertson CountyFranklin778562531 Fm 1940

This home is located at 2531 Fm 1940 in Franklin, TX and zip code 77856. This home, which was built in 1940, sits on a 25.52 acre lot. It has been listed on Rocket Homes since September 11, 2023 and is currently priced at $399,000.

In September 2024 more than 0 listings in Franklin, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Franklin, TX increased by 43.8% between August 2024 and September 2024. Listings spent 10 days on the market in September 2024, and had a median list price of $415,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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