Point, TX 75472
$195,000List Price
$1,628 Est. Mo. Payment
For a given home price of $195,000, the monthly mortgage is computed using a 5% down payment ($9,750) and a 7.5% annual interest rate, spread over 360 payments.
2
2
2
1,590ft2

Larry Powell

Century 21 Mike Bowman, Inc.

, TX

Status

Available

Market MatchUP

How this home compares to similar 2 bedroom homes in Point
  • Price Comparison
    $67,956 lower
  • Home Size
    162 sq. ft. larger
  • Built in 1957
    Older than 94% of homes in Point
  • Point Snapshot
    45 active listings
    12% have 2 bedrooms
    • Typical 2 bedroom size: 1428 sq. ft.
    • Typical 2 bedroom price: $262,955

Description

Discover the freedom of country living with this 2-bedroom, 2-bath home sitting on a beautiful 2.5-acre spread in Rains County. Built in 1957, this property is ready for a fresh vision and offers the perfect canvas for investors, DIY enthusiasts, or anyone looking to create a one-of-a-kind retreat. With solid bones and wide-open possibilities, it’s an opportunity to bring your creativity to life. This versatile property could become a cozy primary residence, a peaceful second home, a rustic-modern vacation getaway, or a high-performing short-term rental. Located just minutes from Lake Tawakoni State Park and 30 minutes from legendary Lake Fork, it’s ideal for nature lovers, anglers, and weekend adventurers alike. Parking and storage options are abundant, with 1 garage space, 2 covered parking spaces, and dedicated covered RV parking. But the land is what truly sets this property apart: Spring-fed, bass-stocked pond, Towering mature oaks for shade and scenery, Multiple outbuildings—including a garage, office, and storage shed—ready for renovation, reimagining, or rebuilding to suit your needs. Create a workshop, add rental units, build hobby spaces, or design your own rural micro-resort…the space is here. With city utilities, propane, and septic already in place, much of the foundational work is done. Update the home, enhance the structures, or start fresh—the choice is yours. This is a rare chance to secure usable acreage with big upside potential. Whether you’re looking for your next investment, a rewarding renovation project, or a peaceful setting to build your dream, this property offers unlimited freedom and flexibility.

MLS Listing ID

21108292

Listed By

Larry Powell
214-405-1125
Century 21 Mike Bowman, Inc.

Map

High School
Rains
Elementary School
Rains
High School District
Rains ISD
Tax Annual Amount
2257
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$1,628

Loan Amount

$185,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Laundry

Laundry Features

  • Electric Dryer Hookup
  • Washer Hookup

Highlights

Interior Features

  • Eat-in Kitchen
  • High Speed Internet

Roof

  • Composition

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Electric

Fencing

  • Metal
  • Chain Link
Lot Size Acres
2.5
Parcel Number
R1007

Pool Features

  • None
Property Type
Residential
Carport Spaces
2
Covered Spaces
2

Parking Features

  • Carport
  • Boat
Property Sub Type
Single Family Residence

Exterior Features

  • Storage

Community Features

  • Fishing

Accessibility Features

  • Accessible Full Bath
Virtual Tour
Validating link...

Flooring

  • Vinyl
  • Laminate
  • Wood
Year Built
1957

Foundation Details

  • Pillar/Post/Pier

Architectural Style

  • Detached
  • Ranch

Construction Materials

  • Wood Siding

Heating

  • Electric
  • Central
Heating

Utilities

  • Water Available
  • Septic Available
  • Other
  • Separate Meters
12/6/2025
Active
(Current Listing)
$195,000
$123/sqft
12/6/2025
Price Change
$195,000
$123/sqft