FM 488, Fairfield, TX 75840
OFF MARKET

FM 488
Fairfield, TX 75840

  • Studio
  • 4,652 sqft (on 8.50 acres)

$258,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,604/mo*
Refinance Your Home

$258,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,604/mo*
Refinance Your Home
Studio
4,652 sqft
(on 8.50 acres)

Home Value

Trulia Estimate
$259K
Since last month
Increased$11K (+4.5%)
Since last year
Increased$8K (+3.1%)
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 decreased by -4% in the last 10 years
MonthEstimated value
2026
August 2026$257K
June 2026$246K
April 2026$241K
March 2026$267K
January 2026$232K
2025
2024

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
218 FM 488, Fairfield, TX
2.27
Single-Family Home
-
08/18/25
3
2
1,366
274 State Highway 75 N, Fairfield, TX
3.32
Single-Family Home
-
04/20/26
3
2
1,622
430 Oak Ridge Dr, Fairfield, TX
3.35
Single-Family Home
-
12/01/25
3
2
1,970
418 Peachtree St, Fairfield, TX
3.43
Single-Family Home
-
02/13/26
3
2
1,923
417 Troy Ln, Fairfield, TX
3.44
Single-Family Home
-
11/19/25
3
2
1,856
403 N Hall St, Fairfield, TX
3.70
Single-Family Home
-
05/20/26
5
3
3,602
130 Private Road 479, Fairfield, TX
4.16
Single-Family Home
-
03/02/26
3
3
1,732
421 N Mount St, Fairfield, TX
3.71
Single-Family Home
-
12/05/25
3
2
1,652
130 Bond St, Fairfield, TX
3.70
Single-Family Home
-
12/22/25
3
2
1,467
561 E Main St, Fairfield, TX
3.87
Single-Family Home
-
06/05/26
2
1.5
2,662

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
FM 2547, Fairfield, TX 75840
4.62
$824,900
Studio
-
12,851
Off Market

Local Information

  • Map ViewExplore the area around FM 488.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
8.5 acres
Living Area
4,652 sqft
Price/Sqft
$56

About this House

This single-family home is located at FM 488, Fairfield, TX. FM 488 is in Fairfield, TX and in ZIP code 75840. This property has approximately 4,652 sqft of floor space. This property has a lot size of 8.50 acres.
FM 488, Fairfield, TX 75840 is a studio, 4,652 sqft single-family home. It is currently off market. The Trulia Estimate is $258,600, with a rent estimate of $2,567/month.

Home Details for FM 488

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8.50 acres

Price and Tax history

YearProperty taxTax assessment
2025
$214
$133,385
Home facts updated by county records

Market trends in Fairfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
36
2MoM
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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."
    5
    Flag
  • Leigh M.
    "Some people in our neighborhood do not keep their dogs contained. There are some dogs roaming the streets."
    0
    Flag

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Apartments for Rent

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Homes for sale near FM 488

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Off Market Homes Near FM 488

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Frequently asked questions about FM 488

  • What is FM 488 estimated to be worth?
    Trulia's estimated value for FM 488 in Fairfield, TX is $258,600.
  • 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.
  • What are the closest schools to FM 488?
    The closest schools to FM 488 in Fairfield, TX are Fairfield Elementary School (Pre-K), Fairfield High School (rated 5/10), Fairfield Intermediate School (Elementary, rated 4/10).
  • How big is the lot at FM 488?
    The lot at FM 488 in Fairfield, TX is about 8.5 acres.