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$19,900
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Property Description
Extreme Price Reduction for quick sell! Level residential lot with mature trees ready to build on in the city limits of Point and Rains ISD. Excellent location with quick access to US 69. Conveniently located less than 10 miles to both Lake Fork and Lake Tawakoni if you're a fisherman or lake enthusiast. 1100 sf minimum build. Utilities offered by Farmers Electric Co-op and City of Point water. The property previously had a mobile home on it so all utilities are already installed. Price is firm. Buyer or Buyer's Agent to verify all information prior to submitting offer.
Full Property Details
Full Property Details for 555 N 1st St
General
- Price: $19,900
- Taxes: $128
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21122075
- Updated: 4/19/2026
- Added to Site: 142 day(s) ago
Location
- County: Rains
- Subdivision: Summerlin
- Driving Directions: From west US 69, turn north at North First Street. Go one half mile and property is second lot on the left just after 514.
School Information
- Elem School District: Rains ISD
- Midd School District: Rains ISD
- High School District: Rains ISD
- Elementary School: Rains
- High School: Rains
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
Lot Features
- Lot Size (Acres): 0.166
- Lot Size (Sq. Ft.): 7,230.96
- Lot Size Source: Appraiser
- Lot Dimensions: 70 x 115.5
- Lot Features: Cleared, Interior Lot, Level, Few Trees, City Lot
- Development Status: Streets Installed
- Zoning: residential
Financial Considerations
- Tax Amount: $128
Disclosures and Reports
- Legal Description: A0292 SUMMERLIN A S ACRES .166 555 N. FIRST S
- Property ID: R13952
Listed by ListingsSold.com, Holly Norton
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Schools
Schools serving 555 N 1st St
School District:Rains Independent School District
| Name | Grades | Distance |
|---|---|---|
Rains Elementary School 372 Fm 3299, Emory, TX 75440 | PK-2 | 5.6 mi |
Rains Intermediate School 409 Fm 3299, Emory, TX 75440 | 3-5 | 5.8 mi |
Rains J High School 1751 West US Highway 69, Emory, TX 75440 | 6-8 | 5.7 mi |
Rains High School 1755 West US Highway 69, Emory, TX 75440 | 9-12 | 5.8 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 555 N 1st St
Date
Details
Price
Change
Source
12/23/2025
Price Reduced
$19,900
-0.5%
MLS
11/29/2025
Listed
$20,000
—
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 555 N 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$128
-79%
$7,171
-77%
2022
$615
—
$31,504
9%
2022
$615
25%
$28,942
34%
2021
$491
35%
$21,570
53%
2018
$365
1%
$14,089
—
2017
$363
-10%
$14,047
-13%
2019
$404
-2%
$16,104
2%
2016
$413
5%
$15,733
4%
2015
$394
-25%
$15,125
-29%
2013
$525
—
$21,184
-3%
2013
$525
—
$21,856
—
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 555 N 1st St
555 N 1st Street, Point, TX 75472 (MLS# 21122075) is a Lots/Land property with a lot size of 0.166 acres. 555 N 1st Street is currently listed for $19,900 and was received on November 29, 2025. Want to learn more about 555 N 1st Street? Do you have questions about finding other Lots/Land real estate for sale in Point? You can browse all Point real estate or contact a Coldwell Banker agent to request more information.

