342 FM 488, Fairfield, TX 75840
OFF MARKET

$343,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,010 sqft (on 3 acres)

342 FM 488, Fairfield, TX 75840

Est. Refi. Payment $2,134/mo*
Refinance Your Home

Home Value

Trulia Estimate
$344K
Since last month
Decreased$2K (-0.6%)
Since last year
Increased$10K (+3%)
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 +183% in the last 10 years
MonthEstimated value
2026
August 2026$343K
July 2026$345K
June 2026$344K
May 2026$345K
April 2026$342K
March 2026$330K
February 2026$330K
January 2026$331K
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
1.30
Single-Family Home
-
07/29/26
4
3.5
2,775
2.39
Single-Family Home
-
12/01/25
3
2
1,970
2.48
Single-Family Home
-
02/13/26
3
2
1,923
2.49
Single-Family Home
-
11/19/25
3
2
1,856
3.10
Single-Family Home
-
04/20/26
3
2
1,622
2.97
Single-Family Home
-
06/12/26
3
2
1,800
3.22
Single-Family Home
-
09/29/25
3
3
2,371
2.86
Single-Family Home
-
12/05/25
3
2
1,652
2.86
Single-Family Home
-
12/22/25
3
2
1,467
3.07
Single-Family Home
-
09/30/25
3
2
1,803

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
1.26
-
-
-
-
Off Market
1.28
$161,900
3
2
1,366
Off Market
1.28
$349,900
3
2
2,202
For Sale
1.30
-
4
3.5
2,775
Recently Sold
1.35
$349,900
3
3
2,773
For Sale
1.34
$971,100
4
3.5
3,623
Off Market
1.45
-
-
-
-
Off Market
1.55
$682,200
2
2.5
2,188
Off Market

Local Information

  • Map ViewExplore the area around 342 FM 488.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1971
Lot Size
3 acres
Living Area
2,010 sqft
Price/Sqft
$171
Parking
Open Parking

About this House

Experience the serene charm of Fairfield, TX, with this delightful countryside property, sitting on approximately 3 meticulously maintained acres. A beautiful driveway leads to a home where tranquility and functionality meet. The exterior boasts a workshop with electricity, a designated area for your boat or RV with a 50 amp outlet, a custom chicken coop, a barn, and an irrigated garden area. The expansive back porch offers sweeping views of the countryside with no neighbors in sight, perfect for enjoying peaceful moments. Inside, the home features a traditional layout with two inviting living rooms, an office area, 3 cozy bedrooms, and 2 full baths. The kitchen and dining area blend seamlessly, equipped with an electric cooktop, wall oven, and ample cabinetry. All appliances are included, and the property comes with goats and chickens, ready to enrich your rural lifestyle. Embrace the best of country living with modern amenities in this charming Fairfield home.
342 FM 488, Fairfield, TX 75840 is a 3 bedroom, 2 bathroom, 2,010 sqft single-family home built in 1971. It last sold for the $350,000 asking price on Aug 9, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $343,600, with a rent estimate of $1,852/month.
Last check for updates: about 2 hours ago
Listed by Lacy Rider 0756653, (775) 934-1655
Premier Realty, (903) 205-1717
Bought with: Sylvia Truehitt, Rendon Realty, LLC, (817) 592-3008
Source: NTREIS, MLS#20658888

Home Details for 342 FM 488

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Master Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2010 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Electricity ConnectedAppliances: Dishwasher, Electric Cooktop, MicrowaveDishwasherMicrowave
Heating & Cooling
Has CoolingAir Conditioning: Ceiling Fan(s)
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Electric, Living Room, MasonryHas a Fireplace
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Boat,Concrete,Covered,Carport,Detached Carport,Driveway,On Site,Open,Oversized
Pool
Pool: None
Frontage
Not on Waterfront

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Construction Materials: BrickNot Attached Property
Property Information
Parcel Number: 4214

Price & Status

Price
List Price: $350,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: FairfieldCommunity: UNKN
School Information
Elementary School: FairfieldElementary School District: Fairfield ISDJr High / Middle School District: Fairfield ISDHigh School: FairfieldHigh School District: Fairfield ISD

HOA

No HOA

Lot Information

Lot Area: 3 Acres

Miscellaneous

Mls Number: 20658888Living Area Range Units: Square FeetAttribution Contact: 775-934-1655Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48161-N-4214-R-N

Price and Tax history

DateEventPrice
Aug 9, 2024
Source: NTREIS #20658888
Sold
--
Aug 3, 2024
Source: NTREIS #20658888
Pending
$350,000
Jul 10, 2024
Source: NTREIS #20658888
Contingent
$350,000
Jul 5, 2024
Source: NTREIS #20658888
Listed For Sale
$350,000
Oct 18, 2023
Source: NTREIS #20384152
ListingRemoved

Market trends in Fairfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
36
2
MoM

Around this home

What Locals Say about Fairfield

At least 13 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 95 % Say yards are well-kept

  • 93 % Say car is needed

  • 77 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 61 % Say it's quiet

  • 59 % Say there's wildlife

  • 59 % Say neighbors are friendly

  • 54 % Say kids play outside

  • 45 % Say it's dog friendly

  • 39 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 27 % Say there are community events

  • 25 % Say streets are well-lit

  • 24 % Say there are sidewalks

  • 23 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Michelle A.
    "Great place to raise a family! Excellent schools and churches. Dead end street, big yards with plenty of mature trees."
  • Leigh M.
    "Some people in our neighborhood do not keep their dogs contained. There are some dogs roaming the streets."

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Frequently asked questions about 342 FM 488

  • What is 342 FM 488 estimated to be worth?
    Trulia's estimated value for 342 FM 488 in Fairfield, TX is $343,600.
  • What is the price history for 342 FM 488?
    342 FM 488 in Fairfield, TX last sold in August 2024.
  • Is Fairfield a buyer's or seller's market?
    Fairfield is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Fairfield?
    Residents describe Fairfield, TX as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Fairfield, TX.
  • Does 342 FM 488 have air conditioning?
    Yes, 342 FM 488 in Fairfield, TX has air conditioning.
  • How big is the lot at 342 FM 488?
    The lot at 342 FM 488 in Fairfield, TX is about 3 acres.

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