PRICE REDUCTION! This 3.25-acre tract is for sale in Franklin, TX, and offers plenty of space to build your dream home with views of the stocked pond. There is a new concrete cattle guard at the entrance with a gate. The metal budling was completed in May 2023. It is also fully fenced, and has water and electricity to the property. Call this peaceful country living home. MUST SEE!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Apex, REALTORS LLC
Office Phone: (972) 755-8877
Listing Agent: Emily McKean
Lot Features
Lot Information:
Lot: Other
Lot Size: 3.25 Acres
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: Hwy 6 N/State Hwy 6 N in Bryan from University Dr E and Texas 6 Frontage Rd N, Follow Hwy 6 N/State Hwy 6 N and TX-OSR E to FM 1940, Turn left onto FM 1940 Destination will be on the left (about 9 miles).
Price Information
Listing Price Info
Price Summary:
List Price: $200,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #78497973
Listing Office:
Office Name: Coldwell Banker Apex, REALTORS LLC
Office Phone: (972) 755-8877
Listing Agent: Emily McKean
Disclaimer: 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”.
Last updated on: 5/31/2024, 8:20:32 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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,066
Per Month
Principal & Interest
$999
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
$666
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
9
/10
Roland Reynolds Elementary School
317 North Owensville
Distance between this listing and this school7.87 miles
Public District Grades PK-5
Middle School
8
/10
Franklin Middle School
1098 West Decherd St
Distance between this listing and this school8.90 miles
Public District Grades 6-8
High School
7
/10
Franklin High School
1252 Fm 1644
Distance between this listing and this school8.99 miles
Public District Grades 9-12
Assigned Schools
9
/10
Roland Reynolds Elementary School
317 North Owensville
Distance between this listing and this school7.87 miles
Public District Grades PK-5
Nearby Schools
5
/10
Normangee Elementary School
116 Spur Three
Distance between this listing and this school13.84 miles
Public District Grades PK-5
4
/10
Hearne Elementary School
1210 Hackberry St
Distance between this listing and this school19.23 miles
Public District Grades PK-6
Assigned Schools
8
/10
Franklin Middle School
1098 West Decherd St
Distance between this listing and this school8.90 miles
Public District Grades 6-8
Nearby Schools
5
/10
Normangee Middle School
116 Spur 3
Distance between this listing and this school13.77 miles
Public District Grades 6-8
2
/10
Hearne Jr High School
1201 W Brown St
Distance between this listing and this school19.34 miles
Public District Grades 7-8
Assigned Schools
7
/10
Franklin High School
1252 Fm 1644
Distance between this listing and this school8.99 miles
Public District Grades 9-12
Nearby Schools
7
/10
Normangee High School
116 Spur 3
Distance between this listing and this school13.77 miles
Public District Grades 9-12
7
/10
North Zulch Elementary/Secondary
11450 Fifth St
Distance between this listing and this school17.45 miles
The neighbors living near this home have an average income of $67,478. The majority of Robertson County, TX residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5244 Fm 1940
What is the listing price of this property?
The listing price of 5244 Fm 1940 property is $200,000.
What type of property is this?
The property 5244 Fm 1940 is land located in Franklin, Texas, 77856.
Is this property for sale now?
Active Listing: 5244 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 5244 Fm 1940 are: Roland Reynolds Elementary School: GreatSchools Rating 9/10Franklin Middle School: GreatSchools Rating 8/10Franklin High School: GreatSchools Rating 7/10
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 5244 Fm 1940 in Franklin, TX and zip code 77856. This home sits on a 3.25 acre lot. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $200,000.
In April 2024, from all listings sold in Robertson County, TX there were more than 1 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Robertson County, TX between March 2024 and April 2024 increased by 11.1%. Listings spent 97 days on the market in April 2024, and had a median list price of $300,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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”. 
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Cadillac
Classic Country
New Country
Oldies