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Point 75472
338 Roberts Road
$80,000
● Land - Off Market

338 Roberts Road

Point, TX 75472
bedrooms
Studio
bathrooms
0 Bath
$393
Est. Monthly

About This Property

Owner Financing Available! Bring your vision to this beautiful 2-acre property located within the city limits of Point! This heavily wooded, rectangular tract offers city water with meter in place and sewer access, making it an ideal site for your new home or investment project. Enjoy the charm of small-town living in Rains ISD, just minutes from Lake Tawakoni and Lake Fork-two of East Texas's premier fishing and recreation spots. With convenient access to Emory (7 mi), Greenville (22 mi), and Rockwall (40 mi), you'll love the perfect blend of privacy and accessibility this property offers. Don't miss this rare opportunity-owner financing makes it easy to make your dream a reality!
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (NTREIS #21028840)

Price History

Date / Event Date Event Price
May 20, 2026 Sold
Premium
Sold
May 12, 2026 In contract -
In contract
Aug 11, 2025 Listed by Lone Star Realty $80,000
Listed by Lone Star Realty
Apr 29, 2023 No longer available -
No longer available
Jan 10, 2023 Listed by L.L. Spencer Real Estate $70,000
Listed by L.L. Spencer Real Estate
Secluded, but in town, this approx. 2-acre tract offers both plus being just minutes from Lake Tawakoni Catfishing, Boating, Camping, or Lake Fork Bass Fishing, Greenville, Sulphur Springs, Emory, Schools, Shopping and much more, this could be the place you have been looking for. Owner Financing makes it easy to start enjoying.

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Depth Feet: 3,060
  • Lot Size Frontage Feet: 2,850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNIGAS RAYMOND
  • Land Acres: 0000002000
  • Standard Land Use Code: 1000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: A0206 SUNIGAS RAYMOND ACRES 2.0

Neighborhood

  • School District Name: Rains Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 02061410001142
  • Parcel: R30935
  • Municipality: POINT
  • Latitude: 32.9253
  • Longitude: -95.8689

    Address

  • Full Address: 338 Roberts Rd
  • Address - House Number: 338
  • Address - Street Name: Roberts
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Point
  • Zip Code: 75472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,858
  • Tax Rate Code Area: COP ERC GR

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 71,203
  • High Value: 84,372
  • Low Value: 58,034

    Market Valuation

  • Market Total Value: $20,798
  • Market Land Value: $20,798

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,798
  • Assessed Land Value: $20,798

    Sales

  • Current Sale Contract Date: May 07, 2010
  • Current Sale Recording Date: May 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 000881
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Point

Stats & Trends

Median Asking:

$146,250

Sale Price/ft²

$108

Below Asking

0.14%

Average Days on Market

137

Average Home Size

1604 ft²

Average Home Age

51.8 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1841 Rs County Road 1402, Point, TX, 75472

$4,500 /mo

  • 5 Beds
  • 3 Baths
  • 4,132 ft²
1841 Rs County Road 1402, Point, TX, 75472 Listing by Michelle Small

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kristine Samples, Lone Star Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21028840
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 338 Roberts Road built and last sold?
The property at 338 Roberts Road was built in and last sold on May 7, 2010 for $1,500.
How much is this home worth?
The estimated value of the home located at 338 Roberts Road is $0.
What are some comparable homes to 338 Roberts Road?
There are currently no comparable homes to 338 Roberts Road.
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