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940 Rs County Road 1320, Emory, TX 75440

A0188 ROJAS FRANCISCO DE · Rains County

Key Facts

3Beds
2Baths
1,212Sq Ft
1990Year Built
0.75Lot (acres)
2Garage

Description

HOUSE DOWN TO THE STUDS, READY FOR SOMEONE TO MAKE IT THEIR HOME. Potential 3 Bedroom, 2 Bath configuration. Detached 2 Car Garage. AVAILABLE FOR SALE WITH 5 ACRES + METAL BUILDING MLS # 21321054 Unlimited Potential just outside Emory, Texas' city limits. Bring your vision to life with this rare investment opportunity on approximately 0.75 acres just minutes from downtown Emory. The existing home has been taken down to the studs, providing a blank canvas to design and finish exactly the way you want. The floor plan offers ample space to create a 3-bedroom, 2-bathroom home customized to your style and needs. The property also features an oversized detached two-car garage and a storm cellar, adding valuable functionality and storage. Looking for even more possibilities? The adjacent 5 acres are also available for purchase, making this an outstanding opportunity for builders, developers, or investors. With the property located outside the city limits, you'll enjoy added flexibility while remaining close to shopping, dining, schools, and all the conveniences of Emory. The additional acreage includes an approximately 1,100-square-foot metal building with 20-foot ceilings that is suitable for living quarters, a workshop, or future expansion. The land offers excellent potential for subdivision and the development of multiple homesites (subject to any applicable county requirements). Whether you're looking to build your dream home, create an investment property, or develop a residential project, this property offers exceptional value and endless possibilities in a highly desirable location. Don't miss this unique chance to invest in one of East Texas' growing areas!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Structure Type

Manufactured House

Year Built

1990

Living Area

1,212 sq ft

Lot Size

0.75 acres

Garage Spaces

2

Days on Market

1

MLS® Listing#

21319266

Property Features

Interior:
Other
Appliances:
Electric Range
Cooling:
Electric
Heating:
Electric
Flooring:
Other
Parking:
Additional Parking, Boat, Direct Access, Driveway, Garage, Garage Faces Front, Gravel, Off Street, On Site, Open, Outside, RV Access/Parking
Laundry:
None
Patio:
Covered, Deck
Fencing:
None
Lot Features:
Corner Lot, Few Trees
Construction:
Wood Siding, Frame
Foundation:
Block, Pillar/Post/Pier
Roof:
Metal
Utilities:
Electricity Available
Sewer:
Septic Tank

Rooms

  • 0 x 0First
  • Bedroom0 x 0First
  • Bedroom0 x 0First
  • Kitchen0 x 0First
  • Living Room0 x 0First
  • Master Bathroom0 x 0First
  • Master Bedroom0 x 0First

Schools

Elementary:
Rains
High:
Rains
District:
Rains ISD

HOA & Tax

Annual Tax:
$2,666
Parcel #:
R31400

Directions

THE GRASS IS OVERGROWN. Make sure to wear protective footwear when touring the property. From TX Hwy 276, take RS County Road 1320 south. When you get to the T in the road, go right. Take the curve left and the property is immediately on your right.

Affordability Calculator

$39,980

Estimated monthly payment

$1,064/mo

Principal $159,920 · Est. interest $223,103 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Emory, TX

$513,333
Median Listing Price
87
Median Days on Market
1,982
Median Sq Ft
$237
Median Price / Sq Ft
81
Active Listings
  • This home’s price is 61% below the area median.
  • Its price per sq ft is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Emory, TX.

Location

  • 940 Rs County Road 1320, Emory, TX 75440

Nearby Schools

  • Rains Elementary School

    Elementary · 3.1 mi away

  • Rains Isd

    Secondary · 3.3 mi away

  • Cedar Point Biological Station

    School · 5.0 mi away

  • Lone Oak High School

    Secondary · 9.4 mi away

  • Lone Oak Middle School

    Secondary · 9.4 mi away

  • Lone Oak Elementary

    Elementary · 9.6 mi away

  • College Street Campus

    Primary School · 10.4 mi away

  • Miller Grove Isd

    School · 10.5 mi away

  • Edgewood Independent School District

    School · 12.4 mi away

  • Edgewood Elementary School

    Elementary · 12.6 mi away

  • Edgewood Middle

    Secondary · 12.6 mi away

  • Fruitvale High School

    Secondary · 13.1 mi away

  • Hallie Randall Elementary

    Elementary · 13.2 mi away

  • Grand Saline H S

    Secondary · 15.0 mi away

  • Grand Saline High School

    Secondary · 15.0 mi away

  • Grand Saline Middle School

    Secondary · 15.0 mi away

  • Wills Point Independent School District

    Elementary · 15.0 mi away

  • Wills Point Isd

    Elementary · 15.0 mi away

  • Methodist Day School

    School · 15.0 mi away

  • Grand Saline Elementary School

    Elementary · 15.1 mi away

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EXIT Agents in Emory

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Diamond Cut Real Estate - 4699477474

Presented by: Juan Arroyo

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-07-03

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Metrotex Association Of Realtors. MLS® Listing#21319266. © 2026EXIT Realty®. All rights reserved.