




$183,000
NAL Estimated Property Value4012 Fm 47, Point, TX, 75472
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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.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Point
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