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$55,000

  • For Sale
  • Active
  • Lots/Land
  • 0.175 Acres
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Prime Corner Lot in Charming Small-Town Setting. Come and discover the perfect location for your next venture or dream home on this spacious corner lot. Nestled in a welcoming small town, this property offers excellent visibility and easy access, positioned close to established residential neighborhood and local schools. Whether you're planning to build, invest, or create something new, this lot's ideal placement ensures both convenience and community appeal.

Full Property Details for 505 Fm 157

General

  • Price: $55,000
  • Taxes: $925
  • Status: Active
  • Type: Lots/Land
  • Source: NTREIS
  • MLS ID: 21032905
  • Updated: 10/29/2025
  • Added to Site: 167 day(s) ago

Location

  • County: Ellis
  • Subdivision: Joe Ellis Add
  • Driving Directions: Take I35 south, exit 399A, turn right onto FM 66, FM 66 turns into N. Main Street, turn right onto FM 157, the property is on your left, Corner lot

School Information

  • Elem School District: Maypearl ISD
  • Midd School District: Maypearl ISD
  • High School District: Maypearl ISD
  • Elementary School: Maypearl
  • High School: Maypearl

Utilities

  • Sewer: None
  • Water: None
  • Utility Description: Electricity Not Available, Sewer Not Available, Water Not Available

Structural Information

  • Detached/Attached: Detached
  • Current Bldg. Use: Residential, Single Family

Lot Features

  • Lot Size (Acres): 0.175
  • Lot Size (Sq. Ft.): 7,623
  • Topography: NeedsFill
  • Lot Features: Corner Lot, Landscaped, Subdivision, Sloped, Few Trees, City Lot
  • Development Status: Other, Streets Installed
  • Zoning: Residential only, no utilities on property.

Financial Considerations

  • Tax Amount: $925

Disclosures and Reports

  • Legal Description: LOT 7B BLK 1 JOE ELLIS 1ST ADDN 0.1750 AC
  • Property ID: 276928
  • Block: 1
  • Lot Number: 7B

Listed by CENTURY 21 Judge Fite Co., Alma Fant

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Listing agent

— 505 Fm 157 —

  • Alma Fant

    CENTURY 21 Judge Fite Co.

972-938-3636

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 505 Fm 157

School District:Maypearl Independent School District
NameGradesDistance
Lorene Smith Kirkpatrick Elementary School
1024 Fourth Street, Maypearl, TX 76064
2-50.2 mi
Maypearl Middle School
1025 West Fourth Street, Maypearl, TX 76064
6-80.3 mi
Maypearl High School
600 Phillips Street, Maypearl, TX 76064
9-120.1 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 505 Fm 157 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$55,000
-8.33%
MLS
8/26/2025
Price Reduced
$60,000
-14.29%
MLS
8/14/2025
Listed
$70,000
—
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 505 Fm 157

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,084
100%
$373,936
14%
2023
100%
$328,761
-13%
2023
100%
$376,039
12%
2021
100%
$334,647
36%
2020
—
$246,010
—
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 for 505 Fm 157

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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 CENTURY 21 Judge Fite Co., Alma Fant

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505 Fm 157, Maypearl, TX 76064 (MLS# 21032905) is a Lots/Land property with a lot size of 0.175 acres. 505 Fm 157 is currently listed for $55,000 and was received on August 14, 2025. Want to learn more about 505 Fm 157? Do you have questions about finding other Lots/Land real estate for sale in Maypearl? You can browse all Maypearl real estate or contact a Coldwell Banker agent to request more information.

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