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$139,900 -$10,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Acres
  • Updated 1 hour ago
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Prime 1-Acre Commercial or Residential property with Renovation Ready Home in the heart of Texas sitting on a prominent corner of Hwy 45, offering High Visibility at the gateway to charming Richland Springs. This property offers boundless potential for residential, commercial or mixed use development. Existing home needs renovation with potential 2 bed 1 bath home or business office. Large garden ideal for landscaping, outdoor seating or event space. Two outbuildings currently used as workshops- easily convert to garage, storage or barn. Ideal for Commercial retail, event space or garden center. Current highway expansion planned from Brownwood to Richland Springs to improve regional access and increase traffic flow. A new railroad revival is underway, as well as, new down town revitalization for Richland Springs who is actively working with state and local agencies. Richland Springs has a new boutique, a garden center, corner gas station, diner, feed store, RV lots, a brand new large events center, local Airbnb accommodations and annual events including one of the largest trade days in Texas every April. Come be part of the future of Charming Richland Springs.

Full Property Details for 701 FM 45

General

  • Price: $139,900
  • Taxes: $1,094
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 20967757
  • Updated: 1/17/2026
  • Added to Site: 219 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen
  • Flooring: Linoleum

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Storage
  • Porch/Patio/Deck: Deck, Covered

Parking

  • Parking Features: Oversized, Unpaved

Location

  • County: San Saba
  • Subdivision: Fm 45 Richland Spgs
  • Driving Directions: ON FM 45 just past downtown Richland Springs. From Stephenville, follow US 377, US 67 till you reach FM 2126. Take FM 45 S to Carter St.

School Information

  • Elem School District: Richland Springs ISD
  • Midd School District: Richland Springs ISD
  • High School District: Richland Springs ISD
  • Elementary School: Richland Springs
  • High School: Richland Springs

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Available, Septic Available, Water Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: A-Frame, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Wood Siding
  • Roof: Composition
  • Stories/Levels: 1
  • Living Area: 800 Sq. Ft.
  • Current Bldg. Use: Commercial
  • Year Built: 1920

Additional Structures

  • Other Structures: Barn(s), Stable(s)

Lot Features

  • Lot Size (Acres): 1
  • Lot Size (Sq. Ft.): 43,560
  • Lot Features: Agricultural
  • Potential Use: Agricultural, Commercial, Development, Manufactured Home, Mobile Home, Mixed Use, Retail, Single Family
  • Trees/Vegetation: Cleared, Crop(s)
  • Fencing (Description): None

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $1,094
  • Terms: Cash, Other

Disclosures and Reports

  • Legal Description: E HAGEMAN ABST 534 SURV 281 1.00 AC
  • Disclosures/Rstr.: Flood Plain Disclosure, Familial Relation
  • Property ID: 2271
  • Lot Number: 701

Listed by Dalton Wade, Inc., Earnestine Nickel-Ransom

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Listing agent

— 701 FM 45 —

  • Earnestine Nickel-Ransom

    Dalton Wade, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 FM 45

School District:Richland Springs Independent School District
NameGradesDistance
Richland Springs School
700 West Coyote Trail, Richland Springs, TX 76871
K-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 FM 45 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/17/2026
Price Reduced
$139,900
-6.67%
MLS
6/12/2025
Listed
$149,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 FM 45

Year
Property Taxes
Change
Tax Assessment
Change
2022
$827
—
$49,520
15%
2022
$827
—
$43,020
8%
2022
$827
18%
$39,650
25%
2021
$699
—
$31,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Dalton Wade, Inc., Earnestine Nickel-Ransom

701 Fm 45, Richland Springs, TX 76871 (MLS# 20967757) is a Single Family property with 2 bedrooms and 1 full bathroom. 701 Fm 45 is currently listed for $139,900 and was received on June 12, 2025. Want to learn more about 701 Fm 45? Do you have questions about finding other Single Family real estate for sale in Richland Springs? You can browse all Richland Springs real estate or contact a Coldwell Banker agent to request more information.

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