1381 FM 40, Ralls, TX 79357
Property image
Property image
FOR SALE
10 ACRES

$322,500

Original price: $323,000
  • 3 Beds
  • 2 Baths
  • 1,505 sqft (on 10 acres)

1381 FM 40, Ralls, TX 79357

Est. Mortgage $2,237/mo*
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Home Highlights

Single-Family Home
Built in 1990
10 acre lot
$214/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 1381 FM 40.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

NOW OFFERING $5,000 TO USE HOWEVER YOU PLEASE, USE IT TOWARDS CLOSING COSTS, UPGRADES OR TAKE IT OFF THE PRICE!! Property was recently inspected, and came back with a clean report! Enjoy a peaceful drive of about 40 minutes east from Lubbock, all on paved roads, to reach this unique property tucked just past Highway 207, which connects Ralls to Post. Ralls and Crosbyton are close by for everyday grocery runs, while White River Lake, Caprock views, Buffalo Springs, and Ransom Canyon are all within about 40 minutes. This country home sits on 10 acres (with no restrictions) and offers space to work, grow, and unwind under wide-open West Texas skies. The home is just over 1,500 sq ft with 3 bedrooms, 2 baths, a 2-car garage, and a 2-car carport in front of the garage. All bedrooms feature walk-in closets. Since the current owners took over, the home has been refreshed with new interior paint, a new front door, and new kitchen appliances — kitchen appliances and washer/dryer will convey with the sale. The couches in the living room and the chickens can also stay with an acceptable offer! Out front, new landscaping adds great curb appeal, and the backyard has been fully revamped with a second storage building for extra space. Tucked along the east side of the driveway is an apple tree, a pecan tree, and raised flower beds. The property's 36x70 shop/barn and 18x50 shop are both insulated and set on concrete slabs. The larger shop has overhead doors on both ends, making it easy to pull larger vehicles, equipment, and toys straight through, while the smaller shop offers an overhead door, electricity, plus a cooler room ready for meat processing and storage. A septic system, not currently in use, sits behind the larger shop for added flexibility. The home and both shops were topped with new metal roofs after the last hail storm — nearly $80K in added value! Grazing pastures are pipe-fenced on one half, barbed wire fence now runs around the full property, and multiple animal sheds, chicken coops, and corrals make this property ready for livestock and animals of all kinds. So much to offer, so many improvements, and all for a great price!! Call for your personal showing today!!
Last check for updates: about 20 hours ago
Listing courtesy of Sol Carver TREC #0771464, (806) 535-3458
SSOLD Realty, Inc.
Saylor Carver TREC #0772014, (806) 999-4806
SSOLD Realty, Inc.
Source: LBMLS, MLS#202610174
Also Listed on LBMLS.

Home Details for 1381 FM 40

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1505 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Oven, Free-Standing Electric Range, Refrigerator, Washer/DryerDishwasherLaundry: In GarageRefrigerator
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Tile, Vinyl
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Tile, Vinyl
Security
Security: None

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Covered, Front Porch, Rear PorchFencing: Back YardOther Structures: Barn(s), Outbuilding, Poultry Coop, RV/Boat Storage, Shed(s), Storage, Workshop, See RemarksExterior: Private Yard, StorageFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Additional Parking,Attached,Attached Carport,Carport,Driveway,Garage,Off Street,Oversized,RV Garage
Frontage
Road Frontage: FM RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1505 Square Feet

Days on Market

Cumulative Days on Market: 32Days on Market: 47

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Residential
Building
Construction Materials: Brick, Stone VeneerNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 6371

Price & Status

Price
List Price: $322,500Price Per Sqft: $214

Active Status

MLS Status: Active

Location

Direction & Address
City: Ralls
School Information
Elementary School: RallsJr High / Middle School: RallsHigh School: RallsHigh School District: Ralls ISD

Agent Information

Listing Agent
Listing ID: 202610174

Building

Building Area
Building Area: 1505 Square Meters

HOA

No HOA

Lot Information

Lot Area: 10 Acres

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 202610174Above Grade Unfinished Area: 1505

What Locals Say about Ralls

At least 1 Trulia users voted on each feature.
  • 100 % Say kids play outside

  • 100 % Say there are community events

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to grocery stores

  • 75 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 67 % Say streets are well-lit

  • 67 % Say parking is easy

  • 60 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.

Market trends in Ralls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
8
1
MoM

Home Value

Trulia Estimate
$320K
Since last month
Decreased$4K (-1.1%)
Since last year
Increased$27K (+9.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +121% in the last 10 years
MonthEstimated value
2026
September 2026$320K
August 2026$320K
July 2026$324K
June 2026$317K
May 2026$318K
April 2026$316K
March 2026$313K
February 2026$310K
January 2026$305K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5.36
Single-Family Home
-
01/08/26
-
-
8.27
Single-Family Home
-
04/08/26
3
2
1,272
8.30
Single-Family Home
-
05/15/26
3
2
1,873
8.52
Single-Family Home
-
03/26/26
3
2
1,400
8.33
Single-Family Home
-
07/17/26
3
1
1,185
8.49
Single-Family Home
-
07/30/26
3
2
2,461
8.61
Single-Family Home
-
05/22/26
3
2
2,417
8.54
Single-Family Home
-
08/26/26
3
1
1,722
8.68
Single-Family Home
-
11/25/25
3
2
2,286
8.60
Single-Family Home
-
05/18/26
3
1
1,380

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1.14
$168,400
Studio
-
2,944
Off Market
4.17
$289,600
Studio
-
2,136
Off Market
6.92
-
Studio
-
1,590
Off Market

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: LBMLS #202610174
PriceChange
$322,500
Price decreased by 0%
Aug 17, 2026
Source: LBMLS #202610174
PendingToActive
$323,000
Aug 10, 2026
Source: LBMLS #202610174
Pending
$323,000
Aug 4, 2026
Source: LBMLS #202610174
PriceChange
$323,000
Price decreased by 1%
Jul 22, 2026
Source: LBMLS #202610174
Listed For Sale
$325,000

LGBTQ Local Legal Protections

Sol Carver, SSOLD Realty, Inc.
Agent Phone: (806) 535-3458
IDX information is provided exclusively for 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.

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Frequently asked questions about 1381 FM 40

  • What is the estimated monthly payment for 1381 FM 40?
    Based on a $322,500 list price with 20% down at today's rates, the estimated monthly payment for 1381 FM 40 in Ralls, TX is approximately $2,253 (about $1,700 principal & interest, $478 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 1381 FM 40?
    The closest schools to 1381 FM 40 in Ralls, TX are Ralls Elementary School (Pre-K, rated 2/10), Ralls High School (rated 4/10), Ralls Middle School (rated 2/10).
  • What is 1381 FM 40 estimated to be worth?
    Trulia's estimated value for 1381 FM 40 in Ralls, TX is $320,100.
  • Does 1381 FM 40 have air conditioning?
    Yes, 1381 FM 40 in Ralls, TX has air conditioning.
  • Does 1381 FM 40 have laundry facilities?
    Yes, 1381 FM 40 in Ralls, TX has laundry facilities.
  • Does 1381 FM 40 have a yard?
    Yes, 1381 FM 40 in Ralls, TX has a yard.
1381 FM 40, Ralls, TX 79357 is a 3 bedroom, 2 bathroom, 1,505 sqft single-family home built in 1990. This property is currently available for sale and was listed by LBMLS on Jul 22, 2026. The MLS # for this home is MLS# 202610174.