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131 Vz County Road 1121, Grand Saline, TX, 75140

5beds
5baths
5,000sqft
$1,398,500
$280price/sqft
$9,661/moest. monthly cost
$386,440/yrincome needed

About This Home

VERY ATTRACTIVE PRICE ADJUSTMENT!!! Koonce Creek Farm, a 47-Acre rare opportunity in the heart of Van Zandt County. This farm blends natural beauty, functionality, and income potential. Conveniently situated within easy reach of the Dallas/Fort Worth area, yet far enough away to enjoy privacy and wide open skies, this property captures the true spirit of Texas country living. The land itself is a showpiece. Gently rolling pastures provide elevation changes that create spectacular views across the country side. A peaceful creek meanders through the property, adding both character and practical water access for livestock and wildlife. Quality pipe fencing and a well-built pipe entrance create a striking first impression while offering durability and security. Whether your vision includes cattle, horses, hay production, or recreational use, this farm is fully prepared and ready to go. At the center of the property stands an impressive 5,000 square foot barndominium that seamlessly combines rustic charm with modern comfort. Designed with space and versatility in mind, the home features six generously sized bedrooms and four full bathrooms, making it ideal for large families, multigenerational living, corporate retreats, or guest accommodations. Expansive open-concept living areas provide room to gather and entertain. The scale and layout of the home offer flexibility, whether you envision private residence living, event hosting, or short-term rental income. This property's potential extends well beyond residential use. With its scenic rolling terrain, and wide open ceremony spaces, this ranch presents an outstanding opportunity for a wedding venue or special events destination. The barndominium's size and bedroom count make it perfectly suited for VRBO or other short-term rental platforms, capitalizing on the growing demand for rural getaways and group retreats. Ample acreage allows for parking, outdoor gathering areas, additional structures, or future expansion.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
6/10
Grand Saline High SchoolGrades 9-125.2 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab
  • Roof: Aluminum/Metal
  • Construction materials: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Barndominium
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Electric Oven,Electric Cooktop,Tankless Electric Water Heater

Bathroom

  • Features: Shower Only,Shower and Tub,Bar

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Features: Den/Dining Combo

Features

  • Ceiling Fan(s),Kitchen Island
  • Window features: Blinds
  • Flooring: Tile,Concrete,Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central Electric
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Kitchen

  • Features: Kitchen/Eating Combo,Breakfast Bar

Master Bedroom

  • Features: Master Bedroom Split

Property

Details

  • Parcel number: 0460005022000030000
  • Special condition: None
  • Wooded area: 204732

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Lighting
  • Fencing: Barbed Wire,Partial,Pipe
  • Waterfront features: Creek
  • Topography of land: Rolling
  • Residential vegetation: Native Grasses,Improved Grasses,Partially Wooded,Mixed Timber

Lot

  • Lot size: 47 Acres
  • Features: Soil (Sandy Loam),Pasture

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Drought
    DroughtRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Drought
Heat Wave
Lightning
Strong Wind
Tornado
Hail
Ice Storm
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 $7,071$84,852
Home Insurance *$1,158$13,896
Property Taxes $883$10,596
Electricity $549$6,588
Total$9,661$115,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$331,234/yr
40% on housing$289,830/yr
45% on housing$257,626/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

$280This listing

vs Other Active Listings

Avg $/sqft

ZIP 75140$177
Van Zandt County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 75140
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)

Price History

DateEventPrice
2026-05-12Price change$1,398,500
2026-03-14Listed for sale$1,498,750
2025-12-07Listing removed$1,700,000
2025-06-09Listed for sale$1,700,000
2020-12-18Sold--
2020-12-01Pending sale$849,000
2020-11-10Price change$849,000
2020-09-12Price change$890,000
2020-07-24Listed for sale$945,000
2019-11-06Listing removed$600,000
2019-09-19Pending sale$600,000
2019-09-14Listed for sale$600,000

For Sale by Agent

AgentJason Redding
BrokerageMidwest Land Group

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