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Fm 489 E, Fairfield, TX, 75840

--beds
0baths
--sqft
$175,000
--price/sqft
$1,396/moest. monthly cost
$55,840/yrincome needed

About This Home

Discover the perfect blend of privacy, nature, and modern conveniences on this 12.3-acre wooded tract in Morning Star Ranch, a premier gated community near Fairfield, Texas. Lot 39 features beautiful timber-covered acreage with an agricultural timber exemption, abundant wildlife, and plenty of room to build your dream home, or country retreat. Enjoy paved asphalt roads, underground utilities, municipal water, electricity, and high-speed fiber internet. Horses are welcome, and sensible deed restrictions help protect property values while maintaining the area's natural beauty. Located within Fairfield ISD, this peaceful country setting offers the best of rural living with the convenience of nearby town amenities. Whether you're looking for a homesite, weekend getaway, or long-term investment, this property is ready for your vision.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

--
Fairfield Elementary SchoolGrades PK-211.3 mi
6/10
5/10
Fairfield High SchoolGrades 9-1210.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Property

Details

  • Parcel number: 68232
  • Special condition: Real Estate Owned

Features

  • Topography of land: Sloping

Lot

  • Lot size: 12.30 Acres
  • Features: Wooded,10 Up to 15 Acres

Parking

  • Parking features: Electric Gate

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
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Hurricane
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 $884$10,608
Home Insurance *$132$1,584
Property Taxes $142$1,704
Electricity $238$2,859
Total$1,396$16,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,862/yr
40% on housing$41,880/yr
45% on housing$37,226/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -10.1%
-10.1%
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 75840$224
Freestone County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 75840
Freestone County$141

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

No price history available

Unknown Listed By

AgentGregory Hoffart
BrokerageTop Guns Realty on Lake Conroe

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