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Waterfront Ranch with Custom Homes
For Sale
$9,750,000

121. Elm, Kerens, TX 75144

CommercialSale, Kerens, TX

Property Size6,635 SF
Lot Size37.15 Acres
Price / SF$1,469
Days on Market96

Property Features for 121. Elm

General Information

Property type Commercial Sale
Property subtype Other
Zoning description residential and ag
Parking features Oversize, Garage, RV, Gated, Covered, Boat, Tandem, Driveway
Security features Security
Fireplace 1
Accessibility Accessible Elevator Installed
Lot features Acreage, Back Yard, Cleared, Lawn, Landscaped, Pond On Lot, Many Trees, Sloped, Sprinkler System, Waterfront, Retaining Wall
Directions Follow Hwy 31 from Corsicana to Kerens, turn right onto FM 633, follow for three miles then turn right onto SE CR 0140 follow for 0.2 mile, turn left onto Elm and property is on the left with SOP. GPS available.
Standard status Active
APN 59271
Lot size 37.15 Acres

Taxes and HOA fees

Tax Description ABS A10636 F PROCELLO ABST TRACT 76A-1 1.0 AC
Tax Annual Amount 19282
Legal Description ABS A10636 F PROCELLO ABST TRACT 76A-1 1.0 AC

Utilities

Utilities Propane
Sewer type Aerobic Septic, Septic Tank
Heating system Zoned, Central, Propane (Heating), Fireplace(s)
Cooling system Ceiling Fan(s), Electric, Zoned, Central Air
Water front features Waterfront, Lake Front
Water front 1

Building Details

Year built 2023
Floors in Building 2
Number of units 3
Flooring type Hardwood, Tile
Building materials FiberCement
Roof type Metal
Listing Agency: Keller Williams Lonestar DFW · Keller Williams Realty
Listed By: Laura Smith · License #0645005
Added: Jun 5 Changed: Sep 6 Last Checked: Sep 8 at 1:06AM
MLS# 21285190

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.

Investment Insights

Based on property information with market context.

This 37.145-acre ranch on Richland Chambers Lake combines two custom residences with extensive recreational and equestrian improvements. The 6,635-square-foot main home includes 6 bedrooms, 5.1 baths, 2 offices, a theater room, an exercise room, and second-floor living quarters served by an elevator. A separate guest home provides 2,383 square feet with 4 bedrooms, 2 baths, a kitchen, living area, laundry, garage, and workshop.

The property offers 1,211 feet of shoreline with a retaining wall, along with 3 ponds and a swimming pool. Equestrian amenities include a 5-stall barn and tack room. Built in 2023, the ranch has no HOA and is located within an opportunity zone. The acreage is also described as having room for potential subdivision development.

Key Highlights

  • 37.145‑acre ranch on Richland Chambers Lake
  • 1,211 feet of shoreline with retaining wall
  • 6,635‑square‑foot main home with 6 bedrooms and 5.1 baths

Property Analytics

Current Use

Ranches

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 75144, TX

3,462
Population
1,655
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
89%
High-School Grad
173.7 sq mi
ZIP Area
20
Density / Sq Mi
$62,528
Median Household Income
$33,354
Median Earnings
$847
Median Rent
$156,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Ranch - Lakefront acreage includes guest accommodations and equestrian improvements.
Where is this ranch located?
The property is located at 121. Elm Kerens, TX.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: 37.145‑acre ranch on Richland Chambers Lake; 1,211 feet of shoreline with retaining wall; 6,635‑square‑foot main home with 6 bedrooms and 5.1 baths
More about this property
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