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151 Fm 314, Van, TX, 75790

--beds
0baths
--sqft
$1,399,407
--price/sqft
$9,388/moest. monthly cost
$375,520/yrincome needed

About This Home

Big Price Improvement! Land with Improvements and unrestricted! 38.98 acres with utilities in place and more on the way! Investors, here's your chance to own for future development! This land is situated just off Interstate 20 with easy access on and off the freeway. The possibilities are endless since it is located outside the city limits! Hotels, Multifamily, Retail, RV Park, etc. Major retail and development is happening now! Don't miss out on your chance to be part of what is happening in Van, TX! Approximately 21.98 open pasture with 17 acres wooded. Pond on the property with excellent fishing! Some recent businesses are Wendy's, Fairfield Inn and Marriott, Shell Gas station, Carl's Jr, Gateway Travel Center & Convenience Store. Doublewide on the property was used as place of worship when the church was there. Owner and family occupy the portable buildings. These could be the starting point for RV park or Tiny Home village!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

--
Van Intermediate SchoolGrades 2-31.8 mi
7/10
Van Junior High SchoolGrades 7-81.1 mi
4/10
Van High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: R000024207

Features

  • Topography of land: Level

Lot

  • Lot size: 39.98 Acres
  • Features: Cleared,Wooded,20 Up to 50 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,076$84,912
Home Insurance *$1,095$13,140
Property Taxes $979$11,748
Electricity $238$2,859
Total$9,388$112,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$321,874/yr
40% on housing$281,640/yr
45% on housing$250,346/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 75790$143
Van Zandt County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 75790
Van Zandt County$177

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-07-27Price change$1,399,407
2024-08-19Price change$1,599,000
2024-03-25Price change$1,950,000
2023-08-31Listed for sale$2,340,000

For Sale by Agent

AgentSylvia Truehitt
BrokerageRendon Realty

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