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$195,000
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Property Description
Discover the freedom of country living with this 2-bedroom, 2-bath home sitting on a beautiful 2.5-acre spread in Rains County. Built in 1957, this property is ready for a fresh vision and offers the perfect canvas for investors, DIY enthusiasts, or anyone looking to create a one-of-a-kind retreat. With solid bones and wide-open possibilities, it's an opportunity to bring your creativity to life. This versatile property could become a cozy primary residence, a peaceful second home, a rustic-modern vacation getaway, or a high-performing short-term rental. Located just minutes from Lake Tawakoni State Park and 30 minutes from legendary Lake Fork, it's ideal for nature lovers, anglers, and weekend adventurers alike. Parking and storage options are abundant, with 1 garage space, 2 covered parking spaces, and dedicated covered RV parking. But the land is what truly sets this property apart: Spring-fed, bass-stocked pond, Towering mature oaks for shade and scenery, Multiple outbuildings-including a garage, office, and storage shed-ready for renovation, reimagining, or rebuilding to suit your needs. Create a workshop, add rental units, build hobby spaces, or design your own rural micro-resort...the space is here. With city utilities, propane, and septic already in place, much of the foundational work is done. Update the home, enhance the structures, or start fresh-the choice is yours. This is a rare chance to secure usable acreage with big upside potential. Whether you're looking for your next investment, a rewarding renovation project, or a peaceful setting to build your dream, this property offers unlimited freedom and flexibility.
Full Property Details
Full Property Details for 4012 FM 47
General
- Price: $195,000
- Taxes: $2,257
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21108292
- Updated: 12/6/2025
- Added to Site: 41 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet
- Flooring: Laminate, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Exterior
- Exterior Features: Storage
Parking
- Garage: Yes
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Boat, Carport
Location
- County: Rains
- Subdivision: A0033 CRITTENDEN N
- Driving Directions: From I-30, take the exit for US-69 North toward Emory and Point. Continue on US-69 into Point, then turn onto FM 47 and follow it to 4012 FM 47.
School Information
- Elem School District: Rains ISD
- Midd School District: Rains ISD
- High School District: Rains ISD
- Elementary School: Rains
- High School: Rains
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Other, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,590 Sq. Ft.
- Year Built: 1957
Additional Structures
- Other Structures: Second Garage, Outbuilding, Shed(s), Storage, Workshop
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Topography: Rough
- Lot Features: Acreage, Back Yard, Hardwood Trees, Lawn, Pond on Lot, Many Trees
- Trees/Vegetation: Brush
- Fencing (Description): Chain Link, Metal
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,257
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Legal Description: A0033 CRITTENDEN N SURVEY, .5 AC & 2 AC , 2.
- Exclusions: Agents, please secure the property before leaving, including locking all doors to the home and structures. Make sure lights are turned off.
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: R1007
- Block: R001
- Lot Number: 9502
Listed by Century 21 Mike Bowman, Inc., Larry Powell
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Schools
Schools serving 4012 FM 47
School District:Rains Independent School District
| Name | Grades | Distance |
|---|---|---|
Rains Elementary School 372 Fm 3299, Emory, TX 75440 | PK-2 | 5.3 mi |
Rains Intermediate School 409 Fm 3299, Emory, TX 75440 | 3-5 | 5.4 mi |
Rains J High School 1751 West US Highway 69, Emory, TX 75440 | 6-8 | 5.5 mi |
Rains High School 1755 West US Highway 69, Emory, TX 75440 | 9-12 | 5.6 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 4012 FM 47
Date
Details
Price
Change
Source
12/06/2025
Listed
$195,000
—
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 4012 FM 47
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,060
—
$152,144
26%
2022
$2,060
-5%
$120,637
—
2021
$2,158
28%
$120,637
41%
2018
$1,681
-6%
$85,331
-10%
2019
$1,788
6%
$94,612
10%
2017
$1,693
28%
$86,168
31%
2016
$1,319
10%
$65,823
9%
2015
$1,203
2%
$60,494
—
2013
$1,179
—
$60,270
—
2013
$1,179
—
$60,514
—
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 4012 FM 47
4012 Fm 47, Point, TX 75472 (MLS# 21108292) is a Single Family property with 2 bedrooms and 2 full bathrooms. 4012 Fm 47 is currently listed for $195,000 and was received on December 06, 2025. Want to learn more about 4012 Fm 47? Do you have questions about finding other Single Family real estate for sale in Point? You can browse all Point real estate or contact a Coldwell Banker agent to request more information.

