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Riesel Land with Development Potential
For Sale
$164,000
Pending

3 Fm-1240, Riesel, TX 76682

7-acre tract ideal for homesite near Riesel, Texas.

Property Size304,920 SF
Lot Size7.00 Acres
Days on Market468

Property Features for 3 Fm-1240

General Information

Standard status Pending
Size 304,920 SF
Lot size 7.00 Acres
Property subtype Lots & Acreage / Improved Land

Taxes and HOA fees

Annual Taxes $302
Listing Agency: Kelly Land and Ranch
Listed By: Cal Marshall · License #0634433
Source: Compass
Added: Jul 9, 2025 Changed: Oct 11 Last Checked: Oct 19 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly Land and Ranch

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Investment Insights

Based on property information with market context.

This 7.00-acre tract of land, located just outside of Riesel city limits, offers a flat, open landscape suitable for various possibilities, including a homesite. The property's corner placement on FM 1240 and CR 151 provides ample room for development. An AG Exemption and light restrictions add to the property's appeal. Restrictions include that manufactured homes must be no more than 5 years of age, and site-built homes must be at least 1,400 sq ft of living space. The property is located in Riesel ISD. Electric service is available at the road. The seller has ordered and prepaid for a water meter to be installed by Tri County WSC. The property is approximately 4 miles from Hwy 6, 25 miles from Waco, 48 miles from Temple, and 57 miles from Bryan-College Station. A survey is available.

Key Highlights

  • This 7‑acre tract is a blank canvas, ideal for your dream homesite with plenty of room for a large yard.
  • AG Exemption and Light Restrictions make this property even more attractive.
  • Water meter pre‑paid and ordered from Tri County WSC.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

Demographics for 76682, TX

2,798
Population
1,319
Households
2.1
Avg Household Size
42
Median Age
22%
College-Educated
93%
High-School Grad
124.3 sq mi
ZIP Area
23
Density / Sq Mi
$78,750
Median Household Income
$39,875
Median Earnings
$1,163
Median Rent
$157,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7-acre tract ideal for homesite near Riesel, Texas.
Where is this residential land & home lot located?
The property is located at 3 Fm-1240 Riesel, TX.
What is the asking price?
The asking price for this property is $164,000.
What are key features of this property?
This property features: This 7‑acre tract is a blank canvas, ideal for your dream homesite with plenty of room for a large yard.; AG Exemption and Light Restrictions make this property even more attractive.; Water meter pre‑paid and ordered from Tri County WSC.
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