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940 Rs County Road 1320

Emory, TX 75440

Listing courtesy of Juan Arroyo, Diamond Cut Real Estate

$199,900
For Sale
Beds
3
Baths
2
Sqft
1,212
Year Built
1990

About this home

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!

Schools

Elementary
Rains
Middle
Rains
High
Rains

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21319266
Property Type
Residential
Status
For Sale
County
Rains
Subdivision
A0188 ROJAS FRANCISCO DE
Lot Size
32,670 sqft
Garage
2-car
HOA Dues
None
Annual Taxes
$2,666
Days on Market
New (1 day)
Listed
Jul 4, 2026
Price per Sqft
$165

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$1,344/mo
Principal & interest
$1,064
Property taxes
$222
Homeowner's insurance (est.)
$58

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jul 4, 2026