Improved Land Tracts in
For Sale
$159,000
TBD - Tract 1 Fm-1240, Riesel, TX 76682
LAND - Riesel, TX
Property SizeContact for details
Lot Size7.01 Acres
Days on Market66
Property Features for TBD - Tract 1 Fm-1240
General Information
Property type
Land
Property subtype
Other
Subdivision
Basquez Gregoria
Lot features
Acreage, Many Trees
Elementary school
Marlin
Middle school
Marlin
High school
Marlin
Elementary school district
Marlin ISD
Middle school district
Marlin ISD
High school district
Marlin ISD
Directions
Take FM 1240 East 4.3 Miles. Property on the right
Standard status
Active
APN
34264
Lot size
7.01 Acres
Taxes and HOA fees
Tax Description
A0006 BASQUEZ GREGORIA 80.21 ACRES
Tax Annual Amount
302
Legal Description
A0006 BASQUEZ GREGORIA 80.21 ACRES
Listing Agency:
Kelly Land and Ranch
(254) 741-1500
Listed By:
Cal Marshall · License #0634433
(254) 741-1500
Added: Jun 3
Changed: Aug 1
Last Checked: Aug 7 at 11:06AM
MLS# 20991438
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.
These conveniently located tracts at FM 1240 and CR 151 in Falls County offer an opportunity for investment or a future homestead. Each of the 11 tracts comes with a Tri-County water meter, and electric lines run along the front of the properties, making access to utilities easy and convenient. The land features a level terrain, ideal for building, and the western portion is lined with mature hardwood trees. The soil includes three types: Heiden Clay, Houston Black Clay, and Ovan Silty Clay. The lot size is 7.01 acres. Minor restrictions apply: 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 seller will pay closing costs up to 2 percent points.
Key Highlights
- Tri‑County water meter included with each of the 11 tracts.
- Electric lines run along the front of the properties for easy utility access.
- Level terrain ideal for building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime land opportunity with utilities in Falls County, Texas.
Where is this land located?
The property is located at TBD - Tract 1 Fm-1240 Riesel, TX.
What is the asking price?
The asking price for this property is $159,000.
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 utility access.; Level terrain ideal for building.
