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$183,000

NAL Estimated Property Value

4012 Fm 47, Point, TX, 75472

$237,900 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.35 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesNone
FlooringLaminate, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size2.50 acres

Building Information

Year Built1957

Land Information

APN1007
Land UseResidential
Legal DescriptionA0033 CRITTENDEN N SURVEY, [.5 AC & 2 AC], 2.5 ACRES
Census Tract950200
Assessed Land Value$60,625
Assessed Improvement Value$108,052
Assessment Year2025

About this property

Discover the freedom of country living with this 2-bedroom, 2-bath home sitting on a beautiful 2.5-acre spread in Rains County. Built in 1957, this property is ready for a fresh vision and offers the perfect canvas for investors, DIY enthusiasts, or anyone looking to create a one-of-a-kind retreat. With solid bones and wide-open possibilities, it’s an opportunity to bring your creativity to life. This versatile property could become a cozy primary residence, a peaceful second home, a rustic-modern vacation getaway, or a high-performing short-term rental. Located just minutes from Lake Tawakoni State Park and 30 minutes from legendary Lake Fork, it’s ideal for nature lovers, anglers, and weekend adventurers alike. Parking and storage options are abundant, with 1 garage space, 2 covered parking spaces, and dedicated covered RV parking. But the land is what truly sets this property apart: Spring-fed, bass-stocked pond, Towering mature oaks for shade and scenery, Multiple outbuildings—including a garage, office, and storage shed—ready for renovation, reimagining, or rebuilding to suit your needs. Create a workshop, add rental units, build hobby spaces, or design your own rural micro-resort…the space is here. With city utilities, propane, and septic already in place, much of the foundational work is done. Update the home, enhance the structures, or start fresh—the choice is yours. This is a rare chance to secure usable acreage with big upside potential. Whether you’re looking for your next investment, a rewarding renovation project, or a peaceful setting to build your dream, this property offers unlimited freedom and flexibility.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$237,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,436
$168,677
2025
$60,625
$108,052
$168,677
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,436
$168,677

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,677
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Point

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4012 Fm 47 | Property Details | No Agent List