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$775,000
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Property Description
Amazing opportunity to build your dream home on this gorgeous 50 acre lot located just minutes from the heart of Wills Point and only 3 minutes from beautiful Lake Tawkoni! Electric and water are in place and available on the property. 2 beautiful ponds and 2 creeks on the land. Currently zoned AG. Entirely enclosed with barbed wire fencing. New residential development going in across the road. Great opprtunity for an investor or developer to build or open an amazing RV park!
Full Property Details
Full Property Details for 3950 FM 47
General
- Price: $775,000
- Taxes: $125
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21240816
- Updated: 4/16/2026
- Added to Site: 74 day(s) ago
Location
- County: Van Zandt
- Subdivision: Wills Point
- Driving Directions: Google Maps
School Information
- Elem School District: Wills Point ISD
- Midd School District: Wills Point ISD
- High School District: Wills Point ISD
- Elementary School: Willspoint
- Middle School: Willspoint
- High School: Willspoint
Utilities
- Utility Description: Electricity Available, Electricity Connected
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Other
Lot Features
- Property View: Water
- Lot Size (Acres): 50
- Lot Size (Sq. Ft.): 2,178,000
- Lot Size Source: Assessor
- Frontage: Other, Dirt
- Lot Features: Acreage, Agricultural, Many Trees
- Development Status: Zoned
- Potential Use: Agricultural, Development, Investment, See Remarks, Unimproved
- Trees/Vegetation: Partially Wooded
- Zoning: Zoned AG
- Fencing (Description): Barbed Wire
Water Features
- Water View: Yes
- Water Front Name: Tawakoni
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $125
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: ACRES: 50.000 ABST: 567 & 228 SUR: J R MARTIN
- Property ID: R000110198
Listed by Christie's Lone Star, Christy Mullins and Christie's Lone Star, Michelle Fraser
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Schools
Schools serving 3950 FM 47
School District:Wills Point Independent School District
| Name | Grades | Distance |
|---|---|---|
Earnest O Woods Intermediate School 307 Wingo Way, Wills Point, TX 75169 | 2-4 | 6.8 mi |
Wills Point Primary School 447 Terrace Drive, Wills Point, TX 75169 | PK-1 | 6.9 mi |
Wills Point J High School 200 Tiger Drive, Wills Point, TX 75169 | 7-8 | 6.7 mi |
Wills Point High School 1800 West South Commerce Street, Wills Point, TX 75169 | 9-12 | 7 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 3950 FM 47
Date
Details
Price
Change
Source
4/15/2026
Listed
$775,000
—
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 3950 FM 47
Year
Property Taxes
Change
Tax Assessment
Change
2025
$125
12%
$545,000
-2%
2024
$112
-5%
$555,500
11%
2023
$118
-4%
$499,500
25%
2022
$123
3%
$398,750
43%
2021
$119
14%
$278,250
100%
2020
$104
-12%
100%
2019
$118
64%
100%
2018
$72
—
—
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 3950 FM 47
3950 Fm 47, Wills Point, TX 75169 (MLS# 21240816) is a Lots/Land property with a lot size of 50 acres. 3950 Fm 47 is currently listed for $775,000 and was received on April 15, 2026. Want to learn more about 3950 Fm 47? Do you have questions about finding other Lots/Land real estate for sale in Wills Point? You can browse all Wills Point real estate or contact a Coldwell Banker agent to request more information.

