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Financing available

$212,000

571 S 1st Street, Point, TX 75472

3
beds: 1
baths: 1,305
sqft

Est. with seller financing: $1,892/mo

Single-family
Built in 1965
54,494 sq ft lot
$162/sqft
Rains County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

This cute rustic 3 bedroom 1 bath home is located close to town but provides over an acre of land with a large deck on the back. There is plenty of space for your outdoor activities and entertaining. Home has metal roof, fenced back yard, with plenty of shade trees and one metal outbuilding for covered boat parking or RV and storage. Seperate quarters for mother in-law suite or income producing to finish to your taste. Large open kitchen with lots of cabinet space. The bath is spacious and has several built in cabinets as well. Home would make a great starter home, retirement or weekend home. Located in Rains ISD and just a short drive to Lake Fork or Lake Tawakoni. Peoples and frontier have phone and internet lines on FM47. Situated in the welcoming community of Point, TX, residents enjoy the charm of small-town living with convenient access to nearby amenities and recreational opportunities. This property is not just a home, but a gateway to a lifestyle defined by peace, beauty, and simplicity.

Facts & features

Interior

Features

Decorative Designer Lighting Fixtures
Granite Counters

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Electric

Flooring

Ceramic Tile
Laminate

Appliances

Electric Range

Exterior & lot

Features

Boat Slip
Private Entrance
Storage

Construction

Style: Traditional, Detached
Stories: 1
Roof: Metal

Parking

Additional Parking
Carport
Detached Carport
Gravel
Rv Carport
Storage
Workshop In Garage
Boat
Rv Access Parking

Lot

Acreage
Native Plants

Community

Neighborhood

Subdivision: A0292 SUMMERLIN A S ACRES 1.251

Schools

District: Rains ISD
Elementary: Rains
Middle: Rains
High: Rains

Financial & listing details

Listing

Price per sq ft: $162
County: Rains
Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$1,892/mo

Down payment10% ($21,200)10%20%

Check Your Financing Options

Principal & interest: $1,535/mo
Property taxes: $258/mo
Homeowners insurance (est.): $99/mo

Loan amount: $190,800
Seller financing rate (est.): 9.00%
Term: 30-year fixed

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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

Your next home may have more than one path to ownership.

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Finding the right home is half the equation. Financing that works for your situation is the other half. This home may be eligible for our seller financing, also called owner financing, an option for buyers a traditional mortgage hasn't worked for.

It may be worth a look if you:

Available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly. All financing is subject to underwriting, eligibility, program guidelines, and approval.

Check Your Financing Options

How our financing program works

1
Get qualified
Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.
2
Make it your home
Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.
3
Own it
It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

Listing courtesy of Rosa Laureano, Coldwell Banker Apex, REALTORS · MLS #21237064 · 972-772-9300

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. MLS status: Active (available for sale). Information is deemed reliable but not guaranteed and should be independently verified. NTREIS data is for viewing on this site only and may not be reproduced or redistributed. Last updated Oct 9, 2026.