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$230,000
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Property Description
Approx 20 acres, now available, just outside of Fairfield! Quiet county road access, with utilities already established. This tract is heavily wooded and holds an ag exemption. (low taxes) Create a recreational paradise, or customize and build a dream homestead. Dallas is 1.5 hours to the north, Houston is 2 hours south, and Palestine is only 25 minutes away. Small town living with easy metro area access.
Full Property Details
Full Property Details for 132 County Road 507
General
- Price: $230,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21101857
- Updated: 2/23/2026
- Added to Site: 153 day(s) ago
Location
- County: Freestone
- Subdivision: MOODY LAND CO III
- Driving Directions: From Fairfield, head east on Hwy 84. Go approximately 2.5 miles, then turn right onto CR 507. Property will be down on the right approx .5 mile
School Information
- Elem School District: Fairfield ISD
- Midd School District: Fairfield ISD
- High School District: Fairfield ISD
- Elementary School: Fairfield
- High School: Fairfield
Utilities
- Water: Community/Coop
- Utility Description: Electricity Connected, Water Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Recreational, Single Family, See Remarks, Vacant
Lot Features
- Lot Size (Acres): 20
- Lot Size (Sq. Ft.): 871,200
- Frontage: County Road, Gravel
- Lot Features: Acreage, Agricultural, Pasture, Many Trees
- Potential Use: Agricultural, Development, Grazing, Horses, Hunting, Livestock, Manufactured Home, Multi-Family, Mobile Home, Pasture, Residential, Recreational, Single Family
- Trees/Vegetation: Cleared, Heavily Wooded, Brush
- Zoning: Agricultural/mixed
Disclosures and Reports
- Property ID: 44239
Listed by DHS Realty, Shannon Dorofeev
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Schools
Schools serving 132 County Road 507
School District:Cayuga Independent School District
| Name | Grades | Distance |
|---|---|---|
Cayuga Middle School 17750 North US Highway 287, Tennessee Colony, TX 75861 | 6-8 | 4.5 mi |
Cayuga High School 17750 North US Highway 287, Tennessee Colony, TX 75861 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 132 County Road 507
Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$230,000
-16.36%
MLS
11/01/2025
Listed
$275,000
—
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 132 County Road 507
Year
Property Taxes
Change
Tax Assessment
Change
2025
$677
4%
$47,026
-8%
2022
$650
—
$51,223
26%
2022
$650
-10%
$40,499
-2%
2021
$719
—
$41,461
—
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 132 County Road 507
132 County Road 507, Fairfield, TX 75840 (MLS# 21101857) is a Lots/Land property with a lot size of 20 acres. 132 County Road 507 is currently listed for $230,000 and was received on November 01, 2025. Want to learn more about 132 County Road 507? Do you have questions about finding other Lots/Land real estate for sale in Fairfield? You can browse all Fairfield real estate or contact a Coldwell Banker agent to request more information.

