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    769 Fm 1240 Hwy Riesel, TX 76682

    Sponsored
    For Sale
    $390,000

    Improved Land - Riesel, TX

    Lot size:
    30.00 Acres
    Days on Market:
    38
    Last Refresh:
    Jan 7 at 11:06 am

    Property Features for 769 Fm 1240 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    50231
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    30.00 Acres

    Building Details

    Architectural style
    Other

    Twin Bends, LLC (254) 723-1248

    Listing agent Bryan Cross (254) 723-1248 License #0653942

    Listing date Dec 1, 2025

    MLS# 228085 Listing URL

    Copyright © 2026 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

    30 Acres Ready for Home

    This is a 30-acre property suitable for quiet country living. It features a water meter and electric service already installed on site, along with an all-weather driveway. The land offers views from the top of a hill and has frontage on FM 1240 road. The property is ready for a new home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Riesel
    County
    McLennan
    State
    Texas
    Longitude
    -96.866945
    Latitude
    31.432

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    FAQs

    What type of property is this?
    Land - 30 acre lot with utilities and driveway ready for building.
    Where is this land located?
    The property is located at 769 Fm 1240 Hwy Riesel, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Ready for New Home: All the hard work is done, making it immediately buildable.; - Utilities On-Site: Water meter and electric are already installed.; - 30 Acres of Land: Offers ample space and privacy for country living.
    (254) 723-1248
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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
    769 Fm 1240 Hwy Riesel, TX 76682
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