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    1 Fm-1240 Riesel, TX 76682

    For Sale
    $169,000

    Improved Land - Riesel, TX

    Lot size:
    7.01 Acres
    Days on Market:
    155
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 1 Fm-1240

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    34264
    Lot size
    7.01 Acres

    Building Details

    Architectural style
    Other

    Kelly, Realtors (254) 741-1500

    Listing agent Cal Marshall (254) 741-1500 License #0634433

    Listing date Jul 9, 2025

    MLS# 20991438 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riesel, TX Improved Land Tract

    Located at FM 1240 and CR 151 in Falls County, this tract of land offers an opportunity for investment or a future homestead. The property includes a Tri-County water meter, and electric lines run along the front, providing convenient access to utilities. The land features a level terrain suitable for building. The western portion of the property is lined with mature hardwood trees. The soil composition includes Heiden Clay, Houston Black Clay, and Ovan Silty Clay. Minor restrictions apply, including that manufactured or modular homes can be no older than 5 years of age, and any site-built dwelling must be at least 1400 sq. ft. of heated space. The lot size is 7.01 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Riesel
    County
    McLennan
    State
    Texas
    Longitude
    -96.878436
    Latitude
    31.425859

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    FAQs

    What type of property is this?
    Land - Prime land opportunity with utilities in Riesel, Texas.
    Where is this land located?
    The property is located at 1 Fm-1240 Riesel, TX.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: - Tri-County water meter included with each of the 11 tracts.; - Electric lines run along the front of the properties for easy access to utilities.; - Level terrain ideal for building.
    (254) 741-1500
    Request Owner's contact information
    1 Fm-1240 Riesel, TX 76682
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Fm-1240 Riesel, TX 76682
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