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$249,900

16240 FM 31, Elysian Fields, TX, 75642

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.38 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

Building Information

Garage Spaces3

About this property

Custom Barndominium on 3+ Acres in Elysian Fields ISD This custom barndominium offers the perfect blend of country living, functionality, and versatility. Situated on approximately 3 acres, this property is ideal for those seeking space, privacy, and room to expand. The home features 1 bedroom, 2 bathrooms, and approximately 800 square feet of living space, thoughtfully built inside a 2,400 square foot (60x40) shop. Inside, you’ll find custom cedar kitchen cabinets, concrete floors, and ceiling fans throughout. The home includes a new A/C unit, while a separate large unit services the shop area, providing comfort and climate control throughout. The property is clean and move-in ready. The attached shop provides exceptional flexibility with three overhead doors, offering ample space for projects, storage, equipment, or even RV parking, with climate-controlled potential for a variety of uses. Outside, the property features cleared trails and wooded areas, perfect for riding, exploring, or enjoying the outdoors. There is plenty of room for additional improvements, recreational use, or future expansion. Conveniently located with easy access to I-20, offering a straightforward commute to nearby cities. A unique property offering space, privacy, and endless possibilities—schedule your showing today.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Stephanie Murray

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Elysian Fields

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16240 FM 31 | Property Details | No Agent List