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Rural ResidenceResidential
$259,607$258 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

31118 FM2481

TX
0
Baths
1,008 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1984
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$260K
$239K low$281K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,909 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$180,740 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$33,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$147,640
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$176,860
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$180,740

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.64
35
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
79
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
93
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
42
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
74
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyERATH
Lot (acres)The size of the land the home sits on, from county records.1.32
GarageWhether the property has a garage, and details like whether it is attached to the home.Carport (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 200 ft²Porch · 216 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Three Way SchoolC-
Elementary · Grades PK–12 · 0.9 mi

District: Three Way Independent School District

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

31118 Fm2481 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 72% of homes in Erath County
  • Smaller than 86% of homes in Erath County

How it measures up in Erath County

The dot is this home. The mark in the middle is the typical home in Erath County.

Estimated value$259,607
CheaperTypical $376,548Pricier

Pricier than 28% of homes nearby

Price per ft²$258
CheaperTypical $214Pricier

Pricier than 62% of homes nearby

Living area1,008 ft²
SmallerTypical 1,660 ft²Bigger

Bigger than 14% of homes nearby

Lot size1.32 ac
SmallerTypical 1.03 acBigger

Bigger than 52% of homes nearby

Year built1984
OlderTypical 1988Newer

Newer than 45% of homes nearby

How 31118 Fm2481 ranks against every home in each area.
MeasureThis homeErath County
Estimated valuepricier than$259,60728% of homes
Price per ft²pricier than$25862% of homes
Living areabigger than1,008 ft²14% of homes
Lot sizebigger than1.32 ac52% of homes
Year builtnewer than198445% of homes

About 31118 Fm2481

How much is 31118 Fm2481, , TX worth?

The TopHap Estimate for 31118 Fm2481, , TX is $259,607 as of Sep 24, 2026. The likely range is $238,711 to $280,503. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 31118 Fm2481, , TX last sell?

31118 Fm2481, , TX last sold on Aug 27, 2021, according to the county's recorded deed.

How big is 31118 Fm2481, , TX?

31118 Fm2481, , TX has 1,008 square feet of living space and a 1.32-acre lot.

When was 31118 Fm2481, , TX built?

31118 Fm2481, , TX was built in 1984, making it 42 years old. The building has 1 story.

What schools serve 31118 Fm2481, , TX?

31118 Fm2481, , TX is assigned to Three Way School (elementary), rated C-. All sit in Three Way Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 31118 Fm2481, , TX compare to other homes in Erath County?

Among the 16,032 homes in Erath County, it is worth more than 28% of them ($259,607 against a typical $376,548), its price per square foot is higher than 62% of them ($258 against a typical $214), it is bigger than 14% of them (1,008 ft² against a typical 1,660 ft²), its lot is bigger than 52% of them (1.32 ac against a typical 1.03 ac) and it is newer than 45% of them (1984 against a typical 1988). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 31118 Fm2481, , TX?

The 2026 property tax bill for 31118 Fm2481, , TX was $1,909. The county assessed it at $180,740.

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