2031 E  FM 1396, Ivanhoe, TX 75447
Property image
Property image
FOR SALE
3D VIEW
5 ACRES

$525,000

Original price: $1,300,000
  • 3 Beds
  • 2.5 Baths
  • 2,782 sqft (on 5 acres)

2031 E FM 1396, Ivanhoe, TX 75447

Est. Mortgage $3,356/mo*
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Home Highlights

Single-Family Home
Built in 1970
5 acre lot
$189/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 2031 E FM 1396.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Covered working pensEstablished bermuda grass
Welcome to this beautiful 5-acres mol in sought-after North Fannin County, Texas—perfectly set up for horses, livestock, and country living. The property features a well-maintained 2,200 sq ft ranch-style home offering comfort, space, and peaceful views of the surrounding land.


The land itself is a standout, with sandy soil ideal for horses, established Bermuda grass, and scattered mature oak trees that create a picturesque setting and natural shade throughout the property.

More Land available up to 128 acres mol
Last check for updates: about 2 hours ago
Listing courtesy of Jason Dudley 0801452, (903) 227-2598
Heritage Land Company, LLC, 903-227-2598
Source: NTREIS, MLS#21259339

Home Details for 2031 E FM 1396

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2782 Square Feet
Appliances & Utilities
Utilities: Water AvailableAppliances: Electric Oven, Electric Range, RefrigeratorRefrigerator
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Free Standing, MasonryHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Additional Parking,Carport
Pool
Pool: None
Frontage
Road Frontage: All Weather RoadNot on Waterfront
Farm & Range
Horse Amenities: ArenaAllowed to Raise Horses

Days on Market

Cumulative Days on Market: 84Days on Market: 180+

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Farmhouse
Building
Attached To Another Structure
Property Information
Usage of Home: Agricultural, Cattle, HorsesParcel Number: 000000078820

Price & Status

Price
List Price: $525,000Price Per Sqft: $189
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: IvanhoeCommunity: A0635
School Information
Elementary School: Sam RayburnElementary School District: Sam Rayburn ISDJr High / Middle School: Sam RayburnJr High / Middle School District: Sam Rayburn ISDHigh School: Sam RayburnHigh School District: Sam Rayburn ISD

Agent Information

Listing Agent
Listing ID: 21259339

HOA

No HOA

Lot Information

Lot Area: 5 Acres

Miscellaneous

Mls Number: 21259339Living Area Range Units: Square FeetAttribution Contact: 903-227-2598

Price and Tax history

DateEventPrice
Jul 27, 2026
Source: NTREIS #21259339
PriceChange
$525,000
Price decreased by 60%
May 4, 2026
Source: NTREIS #21259339
Listed For Sale
$1,300,000

Around this home

Market trends in Ivanhoe

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
17
1
MoM
Sourced by Trulia Market Trends

Home Value

Trulia Estimate
$475K
Since last month
Increased$4K (+0.8%)
Since last year
Decreased$1M (-71.2%)
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 decreased by -24% in the last 10 years
MonthEstimated value
2026
November 2026$474K
October 2026$476K
September 2026$470K
June 2026$1.17M
May 2026$1.21M
April 2026$1.46M
March 2026$1.65M
February 2026$1.57M
January 2026$1.55M
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
1.63
Single-Family Home
-
10/02/26
3
2
2,830
1.37
Single-Family Home
-
01/16/26
3
2.5
1,948
1.46
Single-Family Home
-
04/29/26
2
2
1,186
1.91
Single-Family Home
-
11/21/25
4
4
2,458
2.50
Single-Family Home
-
08/31/26
3
2
1,300
2.68
Single-Family Home
-
02/27/26
4
3
2,624
2.72
Single-Family Home
-
06/17/26
3
2
1,800
2.94
Single-Family Home
-
12/16/25
3
2
2,331
3.21
Single-Family Home
-
12/29/25
3
2
1,702
3.67
Single-Family Home
-
12/19/25
3
2.5
2,326

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
0.42
$187,300
3
2
2,112
Off Market
0.55
$359,900
Studio
2
2,379
Off Market
0.61
$364,500
1
1
-
For Sale
0.62
-
-
-
-
Off Market
0.63
$252,300
4
3
2,276
Off Market
0.66
$333,800
3
2
2,298
Off Market
0.70
$241,500
Studio
2
1,440
Off Market
0.70
$731,400
Studio
2
1,818
Off Market
0.71
$602,100
2
2
2,198
Off Market
0.75
-
Studio
2
924
Off Market
0.86
$135,700
Studio
1
778
Off Market
0.87
$282,300
Studio
2
1,368
Off Market
0.88
$485,200
3
3
2,001
Off Market
0.90
$133,700
Studio
2
1,904
Off Market
0.91
-
Studio
-
-
Off Market
0.91
$667,300
3
2.5
3,000
Off Market
0.92
-
Studio
-
-
Off Market
0.92
$166,200
Studio
2
1,456
Off Market
0.93
$449,600
Studio
3
2,344
Off Market
0.96
$425,900
Studio
2
2,304
Off Market

LGBTQ Local Legal Protections

Jason Dudley, Heritage Land Company, LLC, 903-227-2598
Agent Phone: (903) 227-2598
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 2031 E FM 1396

  • What is the estimated monthly payment for 2031 E FM 1396?
    Based on a $525,000 list price with 20% down at today's rates, the estimated monthly payment for 2031 E FM 1396 in Ivanhoe, TX is approximately $3,385 (about $2,829 principal & interest, $481 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 2031 E FM 1396?
    The closest schools to 2031 E FM 1396 in Ivanhoe, TX are Rayburn High School (Middle, rated 6/10), Sam Rayburn Elementary School (Pre-K, rated 8/10).
  • What is 2031 E FM 1396 estimated to be worth?
    Trulia's estimated value for 2031 E FM 1396 in Ivanhoe, TX is $474,500.
  • How big is the lot at 2031 E FM 1396?
    The lot at 2031 E FM 1396 in Ivanhoe, TX is about 5 acres.
  • Does 2031 E FM 1396 have a garage?
    Yes, 2031 E FM 1396 in Ivanhoe, TX has an attached garage.
  • Is there a virtual tour of 2031 E FM 1396?
    Yes, a virtual tour of 2031 E FM 1396 in Ivanhoe, TX is available.
2031 E FM 1396, Ivanhoe, TX 75447 is a 3 bedroom, 3 bathroom, 2,782 sqft single-family home built in 1970. This property is currently available for sale and was listed by NTREIS on May 4, 2026. The MLS # for this home is MLS# 21259339.