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$405,000   Price Analysis
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2531 FM 1940
Franklin, TX 77856
2 bed 1 bath 1,600 SqFt ($253/SqFt)
25.52 acre lot. Built 1940
Listed 2023-09-11, Taxes $1,000
USDA Eligible
near Franklin, TX
 

Summary: Rex's Retreat is a remarkable recreational and investment prop erty in Robertson County

Offering a picturesque landscape with rolling terrain, expansive pastures, diverse wildlife, excellent habitat and existing utilities. It stands out as an exceptional property catering to a wide range of land buyers. Terrain and Land: Rx's Retreat features productive pastures adorned with improved grasses, ideal for supporting a cattle herd. These pastures are meticulously cultivated for round bales multiple times each year. The gentle rolling topography lends the property a sense of spaciousness. A tranquil pond is nestled within a pocket of trees, providing shade for cattle and a thriving habitat for wildlife. The property appears to be in a good shape for sub-diving and the terrain is open for many good homesites. Water: The property boasts a healthy pond situated towards the center, with multiple areas suggesting the potential for additional surface water sources.

Wildlife Habitat and Food Plots: Rexs Retreat has a productive pasture of improved grasses that support a cattle herd. The pasture is cultivated for round bails several times per year. The gentle roll of the ranch gives the feel of a larger property. The pocket of trees surrounding the pond serve as a place for the cattle the get in the shade and for wildlife to thrive. Roads and Fencing: Rex's Retreat offers significant frontage along FM 1940, with a well-maintained dedicated entrance. The fencing along the road is in excellent condition, while the rear of the property is enclosed by high-quality fencing. Utilities: The property is equipped with essential utilities, including electrical service and an active water meter. Hunting Cabin/Home: The modest home on the property is currently leased to tenant. The home is sold as-is, is in less than excellent condition and provides an opportunity to revamp or remove leaving an excellent home site. agricultural exemption.


Presented by Colton Harbert at
Capitol Ranch Real Estate.


Property MLS #9762477 from UnlockMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 1
Full Bathrooms: 1

Water Features: Surface Water: Yes
Pond

Pool Private: Yes

Fencing: Barbed Wire
Road Surface Type: Chip And Seal

Lot Description: Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres: 25.52
Lot Size Square Feet: 1111651

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Outside School District
High School: Outside School District
Middle School: Outside School District
School District: Franklin Isd

Roland Reynolds Elementary School is a public elementary school located approximately 5.5 miles away.
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Franklin Middle School is a public elementary and middle school located approximately 6.6 miles away.
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Franklin High School is a public high school located approximately 6.7 miles away.
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Source Listing Status: Active
County: Robertson
Directions: From New Baden, travel East 2.5 miles. Property is on the North side of the road.
Tax Year: 2022
Source Property Type: Farm
Area: Out of Area
Source Neighborhood: Out of Area
Parcel Number: 32002490
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$60,806
$1,000
2021$unknown + $unknown
$53,424
$917
2020$36,714 + $13,700
$50,414
$860
2019$35,848 + $12,100
$47,948
$882
2018$27,063 + $12,100
$39,163
$704
2017$29,770 + $9,525
$39,295
$707
2016$32,882 + $9,525
$42,407
$767
2015$28,924 + $9,525
$38,449
$684
2014$13,536 + $12,750
$26,286
$457
2013$13,536 + $12,750
$26,286
$463
2012$13,536 + $12,750
$26,286
$454

Price Changed 2024-05-13
$405,000
SouthCentralTX
Price Changed 2024-05-12
$405,000
Houston
Price Changed 2024-05-12
$405,000
UnlockMLS
Listed 2023-10-25
$425,000
SouthCentralTX
Listed 2023-09-11
$425,000
UnlockMLS
Listed 2023-09-11
$425,000
Houston
Listing removed 2023-07-16
$0
UnlockMLS
Listing removed 2023-07-16
$0
BCSRMLS
Listing removed 2023-07-16
$0
CentralTexas
Listed 2023-03-24
$475,000
CentralTexas
Listed 2023-03-24
$475,000
UnlockMLS
Price Changed 2023-03-23
$475,000
BCSRMLS
Listed 2023-01-17
$490,000
BCSRMLS
Listing removed 2023-01-10
$0
BCSRMLS
Listed 2022-08-01
$490,000
BCSRMLS

Total Square Feet Living: 1600
Year Built: 1940
Direction Faces: South
Levels: One
Property Age: 84
Year Built Source: Public Records
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.