1 Fm-1240

Riesel, TX 76682

$159,000
Price
305,355 / 7.01
Lot Size / Acres
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a view of a tennis court
a view of a lake
a view of a lake with a yard
a view of a lake with a yard
a view of a water pond
a view of a lush green forest with lots of trees
a view of a lush green space
an aerial view of a yard
a view of a tennis court
a picture of a book bed

Description

These conveniently located tracts at FM 1240 and CR 151 in Falls County, offer a prime 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....These conveniently located tracts at FM 1240 and CR 151 in Falls County, offer a prime 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. If you’re looking for land, these tracts are worth considering! Minor Restrictions - Manufactured or modular homes can be no older than 5 years of age & any site-built dwelling must be at least 1400 sq. ft. of heated space. Seller Will Pay Closing Cost up to 2 Percent Points.
  1. Listed by Cal Marshall • TREC #0634433 • Kelly Land and Ranch

Property Details for 1 Fm-1240

Subdivision Name
Basquez Gregoria
Zoning Description
NONE
LISTING UPDATED: 03/20/2026 11:25 AM

Property Details for 1 Fm-1240

StatusActive
MLS #20991438
Days on Market295
Taxes$302 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Improved Land
Year Built-
Lot Size7.01 AC
CountyFalls County
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Location

Listing Courtesy of Kelly Land and Ranch, Cal Marshall, TREC #0634433
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Building Information for 1 Fm-1240

Lot Size7.01 AC

Payment Calculator

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$826 per month

30 year fixed, 6.46% Interest

Principal and Interest

$801

Property Taxes

$25

HOA Dues

$0

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Property Information for 1 Fm-1240

Summary
Location and General Information
  • Directions: Take FM 1240 East 4.3 Miles. Property on the right
  • Elementary School: Marlin
  • Elementary School Name: Marlin
  • High School: Marlin
  • High School Name: Marlin
  • Middle School: Marlin
  • School District: Marlin ISD
  • Geocode Confidence: High
  • Latitude: 31.44
  • Longitude: -96.86
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: A0006 BASQUEZ GREGORIA 80.21 ACRES
  • Association Type: None
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Property
Utilities
  • Utilities: Co-op Water, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Loan Type: Treat As Clear
  • Restrictions: Other
  • Property Match: APN
Lot Information
  • Development: Plat Approved
  • Easements: Electric
  • Lot Features: Acreage, Many Trees
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 7.01
  • Lot Size Area: 7.01
  • Lot Size Units: Acres
  • Lot Size Square Feet: 305355.6
  • Multi Parcel ID: No
  • Parcel Number: 34264

Property History for 1 Fm-1240

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Price Change

NTREIS #20991438

$159,000—
Jul 9, 2025

Listed (Active)

NTREIS #20991438

$169,000—
DateEvent & SourcePrice
03/20/2026

Price Change

NTREIS #20991438

$159,000
07/09/2025

Listed (Active)

NTREIS #20991438

$169,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Fm-1240

This home is within Marlin Independent School District.
Rating
School
Type
Grades
Distance
Marlin Elementary School
Public - PK to 6
Marlin Middle
Public - 6 to 8
Marlin High School
Public - 7 to 12
Marlin Opportunity Center
Public - 3 to 12
Rating
School
Distance
Marlin Elementary School
PublicPK to 6

Marlin Middle
Public6 to 8

Marlin High School
Public7 to 12

Marlin Opportunity Center
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1 Fm-1240, Riesel, TX 76682

1 Fm-1240 is a 7.01 ac of land for sale in Riesel, TX 76682. This property was listed for sale on July 9, 2025 by Kelly Land and Ranch, it's currently listed at $159,000. This listing's school district is Marlin Independent School District. Nearby schools include Marlin Elementary School, Marlin Middle and Marlin High School. 1 Fm-1240 is a 0-bed, 0-bath, 7.01 ac of land on a 305,355 sq. ft. / 7.01 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kelly Land and Ranch, Cal Marshall, TREC #0634433

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.