A very rare opportunity awaits to own lakefront property on Rhine Lake near Ben Wheeler. Surrounded by private property, Rhine Lake has virtually no public access which limits lake traffic to only you and your neighbors. You get to enjoy the proximity to the small towns of Ben Wheeler and Van and be just far enough away from Dallas to be away from it all and relax. There is a one-story home on the property built back off the lake. Having this house already in place gives you several possibilities. One possibility would be to use the home as a temporary residence while building your dream home near the lake and keep this home as a guest house, workshop, or even rental.A small portion of the property is in the floodplain at the edge of the lake. The land itself is beautiful with many trees purposely left in place for wildlife and privacy but several open areas are cleared for easy access to the lake. Call me today for an appointment of your own to tour this rare and beautiful property!
Property Details
Property Features
Property Information:
Year Built: 1980
Stories: 1
Living Area: 1,692 SqFt
Listing Office:
Office Name: Compass RE Texas, LLC - Houston
Office Phone: (832) 899-4788
Listing Agent: Derek Ham
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 16.00 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Window Unit(s)
Other
Directions Information:
Directions: From I20 drive South on FM 773 for 1.3 miles and the entrance is on your left
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
Price Per SqFt: $502/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ben Wheeler, TX.
This property is $485K more than the Median List Price and $290/SqFt more than other homes in Ben Wheeler, TX.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #62815959
Listing Office:
Office Name: Compass RE Texas, LLC - Houston
Office Phone: (832) 899-4788
Listing Agent: Derek Ham
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/21/2024, 8:20:48 PM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,310
Per Month
Principal & Interest
$4,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,615
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Van Intermediate School
349 E Texas St
Distance between this listing and this school4.19 miles
Public District Grades 2-3
7
/10
Van Middle School
14300 State Hwy 110
Distance between this listing and this school5.00 miles
Public District Grades 4-6
4
/10
Martins Mill Elementary School
301 FM 1861
Distance between this listing and this school8.07 miles
Public District Grades PK-6
Nearby Schools
6
/10
Van Junior High School
630 S Oak St
Distance between this listing and this school3.27 miles
Public District Grades 7-8
6
/10
Canton Jr High School
1115 S Buffalo St
Distance between this listing and this school10.31 miles
Public District Grades 6-8
5
/10
Grand Saline Middle School
400 Stadium Dr
Distance between this listing and this school12.76 miles
Public District Grades 6-8
Nearby Schools
5
/10
Van High School
985 N Maple
Distance between this listing and this school4.22 miles
Public District Grades 9-12
6
/10
Martins Mill High School
301 FM 1861
Distance between this listing and this school8.07 miles
Public District Grades 7-12
2
/10
Ranch Academy
3120 Vzcr 2318
Distance between this listing and this school10.92 miles
The neighbors living near this home have an average income of $56,077. The majority of Ben Wheeler, TX residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7451 Fm 773
What is the listing price of this property?
The listing price of 7451 Fm 773 property is $850,000.
What type of property is this?
The property 7451 Fm 773 is land located in Ben Wheeler, Texas, 75754.
Is this property for sale now?
Active Listing: 7451 Fm 773 is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7451 Fm 773 in Ben Wheeler, TX and zip code 75754. This 1,692 square foot home, which was built in 1980, sits on a 16.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 14, 2024 and is currently priced at $850,000.
The inventory of homes for sale in Ben Wheeler, TX between September 2024 and October 2024 increased by 10%. In October 2024 median list price was $365,000 and the average listing age was 98 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Hunting
Hunting
NASCAR
Figure Skating
Wal-Mart
Dollar General
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Oldsmobile
Classic Country
Oldies
New Country