Fm 987
Kaufman, TX 75142
(on 387.09 acres)
Local Information
- Map ViewExplore the area around Fm 987.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
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Description
Discover an incredible opportunity to own one of the premier development sites remaining in Kaufman County, a region recognized as one of the fastest-growing areas in the nation. This property consists of approximately 387 acres and is nestled at the intersection of FM 987 and County Rd 283 in the desirable Post Oak Bend community. This prime parcel offers substantial frontage, level topography, and available utilities, making it an ideal location for single-family development or even a mixed-use project. Enjoy the convenience of being just 40 minutes east of Dallas, and within the desirable Kaufman ISD school system. Don’t miss out on this exceptional chance to invest in a thriving community with limitless potential!
Fm 987, Kaufman, TX 75142 is a lot/land. It last sold for the $12,500,000 asking price on Dec 2, 2025. It is currently off market. The Trulia Estimate rent is $1,354/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for Fm 987
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Appliances & Utilities Utilities: Electricity Available, Other, Water Available |
Gas & Electric Has Electric on Property |
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Exterior Home Features Fencing: Barbed Wire, Cross Fenced |
Frontage Road Frontage: County Road, Farm to Market Road, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront |
Farm & Range Allowed to Raise Horses |
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Cumulative Days on Market: 242 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Agricultural, Cattle, Development, Horses, Hunting, Investment, Ranch, Residential, Single FamilyParcel Number: 3669 |
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Price List Price: $12,500,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: KaufmanCommunity: Jno B Cole |
School Information Elementary School: PhillipsElementary School District: Kaufman ISDJr High / Middle School District: Kaufman ISDHigh School: KaufmanHigh School District: Kaufman ISD |
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No HOA |
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Lot Area: 387.092 Acres |
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Listing Terms: Cash, Conventional, 1031 Exchange |
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Mls Number: 20850386Living Area Range Units: Square FeetAttribution Contact: 972-962-2110Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48257-N-3669-R-N |
Last check for updates: about 5 hours ago
Listed by Beverly Davis 0649754, (972) 962-2110
Elsie Halbert Real Estate, LLC, (972) 962-2110
Bought with: Harlan Ray, Briggs Freeman Sotheby's Int'l, (214) 350-0400
Source: NTREIS, MLS#20850386
Price History for Fm 987
| Date | Price | Event | Source |
|---|---|---|---|
| 12/02/2025 | -- | Sold | NTREIS #20850386 |
| 11/25/2025 | $12,500,000 | Pending | NTREIS #20850386 |
| 11/08/2025 | $12,500,000 | Contingent | NTREIS #20850386 |
| 07/02/2025 | $12,500,000 | PendingToActive | NTREIS #20850386 |
| 04/04/2025 | $12,500,000 | Contingent | NTREIS #20850386 |
| 03/09/2025 | $12,500,000 | Listed For Sale | NTREIS #20850386 |
| 07/06/2022 | ListingRemoved | N/A | |
| 04/07/2022 | $225,000 | PriceChange | N/A |
| 04/05/2022 | $199,900 | Listed For Sale | N/A |
| 10/19/2013 | -- | Sold | N/A |
Market trends in Post Oak Bend City
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Comparable Sales for Fm 987
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Lot/Land | - | 04/24/26 | - | - | ||
1.11 | Lot/Land | - | 12/22/25 | - | - | ||
1.22 | Lot/Land | - | 09/04/25 | - | - | ||
1.97 | Lot/Land | - | 07/29/25 | - | - | ||
1.97 | Lot/Land | - | 01/21/26 | - | - | ||
2.03 | Lot/Land | - | 07/29/25 | - | - | ||
2.37 | Lot/Land | - | 06/26/26 | - | - | ||
2.30 | Lot/Land | - | 05/08/26 | - | - | ||
2.82 | Lot/Land | - | 04/28/26 | - | - |
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OFF MARKET
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3D VIEW1.21 ACRES
SOLDAPR 22, 2026
SOLDJUN 30, 2026
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SOLDNOV 14, 2025
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Assigned Schools
These are the assigned schools for Fm 987.
- Kaufman High School
- 9-12
- Public
- 1292 Students
5/10GreatSchools RatingParent Rating AverageThis school caters to the poor Hispanic population. Even though I pay $10,000 a year in school taxes I will pay out of pocket for my kids to go to a nearby school. Please be warned this school is complete trash and will not provide your child with any of the tools needed to succeed in the current or future job market. They have a dress code that teaches your child not to take pride in their appearance and to not express themselves. Instead of investing in STEMS the high school has invested in a "culinary program" (short order cook) which means they can effectively teach your child to work in a fast food kitchen. A high school culinary program will not get your child a job at a reputable restaurant where they will be able to support themselves. They have lowered their academic standards to help pus through the ESL students, this is terrible.Parent Review7y ago - Norman Junior High School
- 6-8
- Public
- 961 Students
5/10GreatSchools RatingParent Rating AverageI'm a student at O.P and parents like you might not trust what I have to say because I'm 14 not 20 but I insure you that everything I have to say are completely true and based off my own experiences . Schooling:up until now the teachers I've had at Kaufman have been terrible but at O.P. they've recognized my potential and embraced it I hated school til I got here now I love it Band: it's so fun and the directors are wonderful Color guard : great Mrs.Evans created this program and we do well Athletics: getting into it is easy but playing a sport is hard they say they pick us do to performance well that's not true at all and I fell sorry for off season who have too work hard for nothing and can't play the sport they love and are good at and they endure get out of athletics speeches daily Honors classes: give good education but have harder material Clubs: mainly bass and chess both are great to be a part of Side notes: the people in this school are mainly baptist and first baptist control this school this school is a religious based school including prayer and bibles and not great for other Christian religions because if you don't attend first baptist you won't make a teamOther Review13y ago - Helen Edwards Early Childhood Center
- PK-K
- Public
- 499 Students
NAGreatSchools RatingParent Rating AverageThe principal doesn't care about her students at all! If you have a choice stay away from Kaufman schools!Parent Review12y ago - Lucille Nash Elementary School
- 1-5
- Public
- 604 Students
4/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near Fm 987.
What Locals Say about Post Oak Bend City
At least 1 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say there are community events
100 % Say it's dog friendly
100 % Say kids play outside
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say car is needed
57 % Say neighbors are friendly
50 % Say people would walk alone at night
50 % Say there's wildlife
50 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
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