3 months on rocket

16420 Fm 3062, Malakoff, TX, 75148

$385,000

24.81 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
ParkingBoat, RV Access/Parking
HeatingOther
CoolingOther
MLS #20671641
Lot Size24.81 Acres
StatusActive

About 16420 Fm 3062

24.81 acres in Malakoff, Texas with 30x40 shop, 12x16 cabin, and two RV Hook ups ready to build your dream home or great opportunity for an investor to subdivide and build many homes. Survey, restrictions and base for roads already in place for a development to start. Minutes from Cedar Creek Lake and only 20 minutes from Richland Chambers - two of Texas' larger lakes great for watersports and fishing. Adjacent to Tarrant Regional water district land with an abundance of wildlife and privacy. Minimal Taxes with Wildlife Tax Exemption in place starting 2025 until 2030. Shop is insulated with two bay doors with Mini Split HVAC system and completed bathroom with full size tile shower. Well water services shop, cabin and RV’s. Two 500 gal holding tanks. Restricted to site-built homes with 1800 sq ft HVAC space required with two car attached enclosed garage. Survey and restrictions available upon request.

Property Details

Property Features

Listing Office:

  • Office Name: Ebby Halliday Realtors
  • Office Phone: (903) 340-8590
  • Listing Agent: Emily Sparks

Exterior Features

Exterior Information:

  • Exterior: Private Entrance, RV Hookup

Parking Information:

  • Parking: Boat, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 16420 Fm 3062
Virtual Tour

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 24.81 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Malakoff High School, Public District Grades 9-12
  • Malakoff Middle School, Public District Grades 6-8
  • Malakoff Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From HWY 198 S, Turn R @ FM 3062, Property on Right before Maple Ln - Red Iron Gate at entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
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Housing Market Comparison

See how this home compares to others in Malakoff, TX.

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Malakoff, TX

City

Med. List Price

$475K

Med. Price/SqFt

$288

Avg. Days On Market

115

# of Sold Homes

6

16420 Fm 3062 vs Malakoff

116 DAYS ON ROCKET

+1 Day

$385,000

-$90K Less

KEY TAKEAWAY

This property is $90K less than the Median List Price in Malakoff, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20671641

Listing Office:

  • Office Name: Ebby Halliday Realtors
  • Office Phone: (903) 340-8590
  • Listing Agent: Emily Sparks

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2025509
7
/10

  • Malakoff Elementary School

  • 310 N Terry St

  • 2.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2025510
7
/10

  • Malakoff Middle School

  • 106 N Cedar St

  • 2.76 miles

  • Public District Grades 6-8

High School

school-card-donut-2025511
4
/10

  • Malakoff High School

  • 15201 Fm 3062

  • 0.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,850. The most common annual income of people living in Malakoff, TX is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16420 Fm 3062

What is the listing price of this property?

The listing price of 16420 Fm 3062 property is $385,000.

What type of property is this?

The property 16420 Fm 3062 is land located in Malakoff, Texas, 75148.

Is this property for sale now?

Active Listing: 16420 Fm 3062 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16420 Fm 3062 are:
Malakoff Elementary School: GreatSchools Rating 7/10
Malakoff Middle School: GreatSchools Rating 7/10
Malakoff High School: GreatSchools Rating 4/10

How much acreage is this property?

The property 16420 Fm 3062 is 24.81 acres.
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Rocket Homes›Texas›Henderson County›Malakoff›75148›16420 Fm 3062

This home is located at 16420 Fm 3062 in Malakoff, TX and zip code 75148. This home sits on a 24.81 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $385,000.

In October 2024 in Malakoff, TX there were 8.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 115 days, the median list price was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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