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$415,000 Sale Pending
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Property Description
This expansive 23.75-acre property offers a rare blend of natural beauty, history and alot of potential. Approximately 50-60 pecan trees are spread across 11 of the acres. Just across the seasonal creek that runs throughout the property was once a thriving 10-acre San Augustine grass farm, the land still holds the charm of its past. Majestic oaks and native hardwoods provide shade and scenery across the fenced acreage, creating a tranquil, park-like feel. The existing house offers exciting opportunity for those with a vision. It needs updates and restoration to reach its full potential, it's a solid opportunity for a remodel or custom transformation, it is being sold AS-IS. This property is ideal for anyone looking for the quiet rural life with the vision to transform the current structure. It is ideal for agricultural, recreational or residential redevelopment. It is fully fenced with prior ag-exemption.
Full Property Details
Full Property Details for 1238 Co Rd 124
General
- Price: $415,000
- Status: Pending
- Type: Farms/Ranches
- Source: Central_Texas_MLS
- MLS ID: 585129
- Updated: 1/1/2026
- Added to Site: 242 day(s) ago
Interior
- Interior Features: None
- Fireplace(s): None
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: None
Location
- County: Wharton
- Driving Directions: From Wharton, take TX 60 to W Burleson St, TL onto S Resident St. TR onto TX 60S/E Milam St. follow 6.6 miles, TR onto Bernstein Rd. follow for 1.1 miles, property on the right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Not Connected (at lot), Public Sewer
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Other, See Remarks
- Roof: Composition, Shingle
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: River
- Lot Size (Acres): 23.75
- Frontage: County Road
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
Water Features
- Water View: Yes
- Water Front Name: River
Financial Considerations
- Terms: Conventional
Disclosures and Reports
- Documents Avail.: Aerial, Disclosure(s), Seller's Property Disclosure
- Legal Description: A20011 ABST . 11 TRACT 44, LOT 39B-2 23.75 acres Wharton
- Disclosures/Rstr.: Flood Plain Disclosure, Agricultural Exemption
- Property ID: 60152
- Lot Number: 39B-22
Listed by Shaw Realty
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Schools
Schools serving 1238 Co Rd 124
School District:Wharton Independent School District
| Name | Grades | Distance |
|---|---|---|
Wharton Elementary School 2030 East Boling Highway, Wharton, TX 77488 | 3-5 | 6.3 mi |
C G Sivells Elementary School 1605 North Alabama Road, Wharton, TX 77488 | PK-2 | 6.8 mi |
Wharton J High School 1120 North Rusk Street, Wharton, TX 77488 | 6-8 | 6.8 mi |
Wharton High School 1 Tiger Ave, Wharton, TX 77488 | 9-12 | 7.3 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 1238 Co Rd 124
Date
Details
Price
Change
Source
9/23/2025
Price Reduced
$415,000
-3.38%
MLS
8/06/2025
Price Reduced
$429,500
-4.45%
MLS
7/01/2025
Listed
$449,500
—
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 1238 Co Rd 124
Year
Property Taxes
Change
Tax Assessment
Change
2025
$308
-27%
$38,646
-25%
2022
$422
—
$51,670
7%
2022
$422
-17%
$48,217
100%
2021
$509
—
—
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 1238 Co Rd 124
1238 County Road 124, Wharton, TX 77488 (MLS# 585129) is a Farms/Ranches property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1238 County Road 124 is currently listed for $415,000 and was received on July 01, 2025. Want to learn more about 1238 County Road 124? Do you have questions about finding other Farms/Ranches real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.

