Escape to your own private paradise on this stunning 5-acre peninsula on Richland Chambers Lake. Enjoy breathtaking views of the water from every angle, surrounded by the natural beauty of the lake. The property features steel and concrete retaining walls, a sidewalk for leisurely strolls, and multiple campers for guests or extended stays. The 2-story boat dock is perfect for enjoying water activities and soaking up the sun. With no HOA restrictions, you have the freedom to customize and enjoy the property to your liking. Don't miss out on this rare opportunity to own a piece of waterfront heaven. Experience the beauty and serenity of this lakeside retreat.
Fairfield High School, Public District Grades 9-12
Fairfield Jr High School, Public District Grades 6-8
Fairfield Intermediate School, Public District Grades 3-5
Other
Directions Information:
Directions: Take 287 from Corsicana approximately 20 miles. Turn right on FM 488 for 3 miles. Turn right onto FM 416. In approximately 1.3 miles take a right onto Private Road 198. Follow the road to the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $7,713
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Last updated on: 5/6/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,713
$460,041
2019
-
$419,843
2018
$7,681
$418,889
2017
$7,697
$420,087
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
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
5
/10
Fairfield Intermediate School
605 N Fairway St
Distance between this listing and this school14.64 miles
Public District Grades 3-5
Middle School
4
/10
Fairfield Jr High School
701 Post Oak Rd
Distance between this listing and this school15.69 miles
Public District Grades 6-8
High School
6
/10
Fairfield High School
631 Post Oak Rd
Distance between this listing and this school15.62 miles
Public District Grades 9-12
Assigned Schools
5
/10
Fairfield Intermediate School
605 N Fairway St
Distance between this listing and this school14.64 miles
Public District Grades 3-5
Nearby Schools
8
/10
Cayuga Elementary School
17750 North Us Hwy 287
Distance between this listing and this school12.01 miles
Public District Grades PK-5
6
/10
Cross Roads Elementary School
14434 Hwy 59
Distance between this listing and this school12.10 miles
Public District Grades PK-5
Assigned Schools
4
/10
Fairfield Jr High School
701 Post Oak Rd
Distance between this listing and this school15.69 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cayuga Middle School
17750 North Us Hwy 287
Distance between this listing and this school12.01 miles
Public District Grades 6-8
9
/10
Cross Roads Jr High School
14434 Hwy 59
Distance between this listing and this school12.10 miles
Public District Grades 6-8
Assigned Schools
6
/10
Fairfield High School
631 Post Oak Rd
Distance between this listing and this school15.62 miles
Public District Grades 9-12
Nearby Schools
5
/10
Cayuga High School
17750 North Us Hwy 287
Distance between this listing and this school12.01 miles
Public District Grades 9-12
8
/10
Cross Roads High School
14434 Hwy 59
Distance between this listing and this school12.10 miles
The neighbors living near this home have an average income of $69,803. Residents of Freestone County, TX typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 308 Fm 416
What is the listing price of this property?
The listing price of 308 Fm 416 property is $1,500,000.
What type of property is this?
The property 308 Fm 416 is land located in Streetman, Texas, 75859.
Is this property for sale now?
Active Listing: 308 Fm 416 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 308 Fm 416 are: Fairfield Intermediate School: GreatSchools Rating 5/10Fairfield Jr High School: GreatSchools Rating 4/10Fairfield High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,713 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 308 Fm 416 in Streetman, TX and zip code 75859. This home sits on a 5.06 acre lot. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $1,500,000.
Freestone County, TX housing market in April 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 0 sold below. The number of homes for sale in Freestone County, TX increased by 16.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $217,500, while the average time on the real estate market was 77 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
NASCAR
NASCAR
Hunting
Monster Trucks
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country
Oldies