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$1,475,000

689 & 691 FM 1272, Grapeland, TX, 75844

PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,489 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$422.76 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Move-In Ready

About this property

Come view nearly 95 breathtaking acres with two homes and a property that strikes the perfect balance between wide-open pasture and mature, wooded privacy. Fully fenced and cross-fenced with durable pipe fencing, this property is perfectly suited for horses, cattle, or any agricultural venture. The beautifully updated main home offers 3,489 sq ft with 4 bedrooms, 3.5 baths, and a 2-car garage. Built in 1997 and extensively remodeled, the home features a new roof, upgraded 6-inch gutters, and a flexible floor plan due to full interior truss construction for easy customization. Step outside to a heated pool, hot tub and slide - all controllable from the Pentair app on your phone. The pool is even set up for volleyball for added fun! The property continues to impress with a barn offering both dirt-floor and a concrete tack/storage area, powered by owned solar. A standout feature is the 3,200-square-foot shop built in 2017 that is spray foam insulated, with water access, five oversized bays, and an interior RV hookup. Above the shop, you’ll find additional bonus or game space. Built in 2017, the 1,400 sq. ft. barndo offers a 1-bedroom, 1-bath layout with surround sound and a wraparound porch that captures stunning views of the land. An outdoor kitchen powered by propane makes for easy hosting! The land itself is truly special with a scenic creek, pond nourished by five natural springs, and a smaller pond in a secondary pasture. Ag exemptions are already in place for hay, timber, and a donkey farm. An additional setup of water, septic, and electric is ready for another home, barn or potential small business location. For even more to love, you’re just a short drive from Salmon Lake Park - a local favorite offering camping, swimming, private events, and live concerts! With two homes, extensive infrastructure, and unmatched natural beauty, this property is truly one of a kind. Schedule your showing today!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,850 /month
Positive
Cash Flow Estimate:
$2,950 /month

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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: Grapeland

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689 & 691 FM 1272 | Property Details | No Agent List