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B+
NoAgentList RatingHow are grades calculated? Info
Days69Days on Market
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$1,475,000

$1,499,900

689 & 691 Fm 1272, Grapeland, TX, 75844

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,489 Sq Ft
price_per_sqft$422.76 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDouble Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Garage Spaces2

About this property

Come view nearly 95 acres with two homes - ideal for horses, cattle, or any ag use. The main home is 3489 sq ft with 4/3.5 and features a new roof, 6-in gutters, and truss construction for a flexible floor plan. The property includes a heated pool, hot tub, slide, and volleyball setup, controllable from the Pentair app, a barn with dirt floor and concrete tack/storage area powered by owned solar, a 3200 sq ft shop with spray foam insulation, water, 5 oversized bays, RV hookup, and bonus space above. The barndo has 1400 sq ft with 1/1, surround sound, a wraparound porch, and outdoor kitchen powered by propane. The land features a creek, a spring-fed pond from 5 natural springs, and an additional pond in a secondary pasture. Ag exempts are in place for hay, timber, and a donkey farm. An added homesite at the road includes water, septic, and electric. Located just a short drive from Salmon Lake Park, this property has space, functionality, and natural beauty. Schedule your showing today!

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,850 /month
Positive
Cash Flow Estimate:
$2,950 /month

Interested in this property?

Kayla Riggs

Keller Williams Realty Arlington

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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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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: Grapeland

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