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$1,300,000
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Property Description
Welcome to this beautiful 50-acre ranch in sought-after North Fannin County, Texas-perfectly set up for horses, livestock, and country living. The property features a well-maintained 2,200 sq ft ranch-style home offering comfort, space, and peaceful views of the surrounding land. Equestrian and ranch improvements are already in place, including a quality indoor arena for year-round riding and an outdoor arena for training and events. Covered working pens provide convenience and functionality for handling livestock in any weather, while the hay barn offers ample storage for feed and equipment. The land itself is a standout, with sandy soil ideal for horses, established Bermuda grass, and scattered mature oak trees that create a picturesque setting and natural shade throughout the property. Whether you're looking for a working ranch, a horse property, or a private country retreat, this North Texas gem is ready to go.
Full Property Details
Full Property Details for 2031 E Fm 1396
General
- Price: $1,300,000
- Taxes: $3,034
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21259339
- Updated: 5/4/2026
- Added to Site: 55 day(s) ago
Interior
- Interior Features: Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Free Standing, Masonry
- Appliances: Electric Oven, Electric Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Carport
Location
- County: Fannin
- Subdivision: A0635
- Driving Directions: Take FM 273 North of Bonham, turn east on FM 1396, two miles on north side
School Information
- Elem School District: Sam Rayburn ISD
- Midd School District: Sam Rayburn ISD
- High School District: Sam Rayburn ISD
- Elementary School: Sam Rayburn
- Middle School: Sam Rayburn
- High School: Sam Rayburn
Utilities
- Water: Community/Coop
- Utility Description: Water Available
Structural Information
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 2,782 Sq. Ft.
- Current Bldg. Use: Agricultural, Cattle, Horses, Livestock
- Year Built: 1970
Lot Features
- Lot Size (Acres): 50
- Lot Size (Sq. Ft.): 2,178,000
- Frontage: All Weather Road
- Potential Use: Agricultural, Cattle, Horses
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,034
Disclosures and Reports
- Legal Description: A0635 S LARKIN, ACRES 168.532
- Property ID: 78820
Listed by Heritage Land Company, LLC, Jason Dudley
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Price & Sales History for 2031 E Fm 1396
Date
Details
Price
Change
Source
5/04/2026
Listed
$1,300,000
—
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 2031 E Fm 1396
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,111
138%
$1,462,980
1%
2024
$1,307
-53%
$1,448,016
545%
2018
$2,789
—
$224,664
5%
2018
$2,789
—
$213,684
100%
2018
$2,789
100%
100%
2014
—
—
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 2031 E Fm 1396
2031 E Fm 1396, Ivanhoe, TX 75447 (MLS# 21259339) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 2031 E Fm 1396 is currently listed for $1,300,000 and was received on May 04, 2026. Want to learn more about 2031 E Fm 1396? Do you have questions about finding other Single Family real estate for sale in Ivanhoe? You can browse all Ivanhoe real estate or contact a Coldwell Banker agent to request more information.

