Well positioned Property with Strong Upside, nearly 1 Acre in the Heart of Emory, Owner Financing Available. Centrally located 2bedroom, 1bath, sits on 0.999-acre lot. City water and sewer, the property offers comfortable living space and potential for future development. New windows Feb2026, Spacious kitchen and dining area, wood burning fireplace, oversized utility room with a sink, storage and space for a deep freezer. fenced backyard offers plenty of space for pets, gardening, large detached shop with wood burning stove, versatile workspace or storage. Carport for covered parking. Amazing Lot within city limits with a county feel, huge towering pine trees that you need to see in person, they are gigantic. Don’t forget you are just 10 minutes to Lake Fork, 15 minutes to Lake Tawakoni, 25 minutes to Greenville, 20 minutes to Sulphur Springs. Plenty of room for boat and RV storage. Whether you’re looking for a primary residence or a smart investment, this property delivers location, flexibility, and long-term potential.
For sale
$195,000
122 Fm 275, Emory, TX 75440
2beds
1,196sqft
Est.:
Single Family Residence
Built in 1962
1 Acres Lot
$184,000 Zestimate®
$163/sqft
$-- HOA
What's special
Wood burning fireplaceHuge towering pine treesComfortable living spaceCarport for covered parking
- 109 days |
- 291 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 10:44am
Listed by:
Tracey Pitre 0565909 903-473-1776,
Lone Star Realty 903-473-1776
Source: NTREIS,MLS#: 21136309
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 11 x 11
Bedroom
- Level: First
- Dimensions: 11 x 9
Dining room
- Level: First
- Dimensions: 13 x 9
Kitchen
- Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen
- Level: First
- Dimensions: 11 x 8
Living room
- Level: First
- Dimensions: 16 x 11
Utility room
- Features: Built-in Features, Pantry, Utility Room, Utility Sink
- Level: First
- Dimensions: 13 x 7
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Gas Range
Features
- Decorative/Designer Lighting Fixtures
- Flooring: Carpet, Ceramic Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Masonry, Wood Burning
Interior area
- Total interior livable area: 1,196 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Boat, RV Access/Parking
- Carport spaces: 2
Accessibility
- Accessibility features: Accessible Full Bath
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard, Storage
- Pool features: None
- Fencing: Back Yard,Chain Link
Lot
- Size: 1 Acres
- Features: Acreage
- Residential vegetation: Partially Wooded
Details
- Parcel number: R5603
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: NA
HOA
- Has HOA: No
Location
- Region: Emory
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $147,264
- Annual tax amount: $2,343
- Date on market: 12/19/2025
- Cumulative days on market: 255 days
- Listing terms: Cash,Conventional,Owner Will Carry
Estimated market value
$184,000
$175,000 - $193,000
$1,421/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Listed for sale | $195,000$163/sqft |
Source: NTREIS #21136309 Report a problem | ||
| 12/8/2025 | Listing removed | $195,000$163/sqft |
Source: NTREIS #20999210 Report a problem | ||
| 7/15/2025 | Listed for sale | $195,000$163/sqft |
Source: NTREIS #20999210 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $147,264 +1% |
| 2024 | $2,343 -0.8% | $145,853 +8% |
| 2023 | $2,361 +11.5% | $135,110 +29.2% |
| 2022 | $2,117 +4.1% | $104,583 +8.5% |
| 2021 | $2,033 | $96,354 -0.5% |
| 2020 | -- | $96,875 +29.2% |
| 2019 | -- | $74,977 +13.7% |
| 2018 | -- | $65,963 +0.7% |
| 2017 | -- | $65,527 +9.8% |
| 2016 | -- | $59,686 +3.3% |
| 2015 | -- | $57,788 |
| 2014 | -- | $57,788 |
| 2013 | -- | $57,788 |
| 2012 | -- | $57,788 |
| 2011 | -- | $57,788 +26.4% |
| 2010 | -- | $45,724 -0.2% |
| 2009 | -- | $45,829 -1.6% |
| 2008 | -- | $46,570 -9.7% |
| 2007 | -- | $51,589 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,159/mo
Principal & interest
$982
Property taxes
$177
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Climate risks
Neighborhood: 75440
Nearby schools
GreatSchools rating
- 5/10Rains Intermediate SchoolGrades: 3-5Distance: 1.7 mi
- 5/10Rains Junior High SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Rains High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Rains
- High: Rains
- District: Rains ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75440
- Texas
- Rains County
- Emory
- 75440
- 122 Fm 275
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