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$400,000 Just Listed
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Property Description
PATMAN FARMS - HILL COUNTY This versatile 20± acre property just south of Rio Vista offers a scenic mix of open pasture and mature hardwoods, complete with a pond, seasonal creek, and Coastal Bermuda field. With multiple homesite options, a pipe-fenced entrance, and the flexibility to divide into two 10-acre tracts, it's an ideal setting for a homestead, weekend retreat, or small ranch with easy access to nearby towns and Dallas. LOCATION Ideally positioned just 6 miles from Blum, 20 miles from Hillsboro, 22 miles from Lake Whitney State Park, and 65 miles from Dallas, this property offers convenient access to town, recreation, and major amenities while still providing a quiet, rural setting. ACREAGE & SUBDIVISION This rare offering includes 20 beautiful acres in a peaceful area just south of Rio Vista. The seller is willing to divide the property into two 10-acre tracts, and lot lines are negotiable to best suit the buyer's needs. Surrounding large tracts enhance privacy and preserve the property's true country feel. LAND, WATER & TOPOGRAPHY The land features a well-balanced mix of pasture and mature hardwood cover. A Coastal Bermuda field provides excellent grazing or hay production. Natural water features include a nice pond and a seasonal creek that adds character while drawing in wildlife. The property also includes a pipe-fenced entrance and multiple strong homesite options across the varied terrain. CONCLUSION With its blend of open pasture, hardwoods, water features, and peaceful surroundings, this property is perfectly suited for a homestead, weekend retreat, or small ranch. Flexible tract options and an ideal location make it a standout opportunity in Hill County
Full Property Details
Full Property Details for 318 Fm 2488
General
- Price: $400,000
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21164272
- Updated: 1/27/2026
- Added to Site: 1 day(s) ago
Location
- County: Hill
- Subdivision: na
- Driving Directions: See agent.
School Information
- Elem School District: Blum ISD
- Midd School District: Blum ISD
- High School District: Blum ISD
- Elementary School: Blum
- Middle School: Blum
- High School: Blum
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 20
- Lot Size (Sq. Ft.): 871,200
- Lot Features: Acreage, Hardwood Trees, Pasture, Pond on Lot, Rolling Slope, Many Trees
- Zoning: na
Disclosures and Reports
- Legal Description: F C BURT A-28 TR 31 49.00 AC
- Property ID: 105620
Listed by Briggs Freeman Sotheby's Int'l, Tyler Thomas
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Price & Sales History for 318 Fm 2488
Date
Details
Price
Change
Source
1/27/2026
Listed
$400,000
—
MLS
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
Tax History for 318 Fm 2488
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,754
-1%
$790,690
27%
2022
$2,768
—
$623,250
6%
2022
$2,768
13%
$585,870
37%
2021
$2,440
—
$428,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 Fm 2488
318 Fm 2488, Covington, TX 76636 (MLS# 21164272) is a Farm property with a lot size of 20 acres. 318 Fm 2488 is currently listed for $400,000 and was received on January 27, 2026. Want to learn more about 318 Fm 2488? Do you have questions about finding other Farm real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.

