Foreclosure for Sale on Fm 39, Iola, TX 77861

Foreclosures โ€บ Texas โ€บ Grimes โ€บ Iola โ€บ Fm 39
Bank-owned REO foreclosure property at Fm 39, Iola, TX 77861. 1 bath 1,527 sq ft Grimes County foreclosure listing.
Foreclosure (REO) Active 94 days on market
Fm 39, Iola, TX 77861
Price TBD
Grimes County ยท Texas
1
Bathrooms
1,527
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bathrooms 1
Living area 1,527 sq ft
County Grimes County
State Texas
ZIP 77861
Days on Market 94 days
Listing ID 65518691
About this property

This Iola, TX property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Grimes County Market ยท Updated daily
Active Listings
62
Avg. Est. Value
$151,500
Bank-Owned (REO)
12
Pre-Foreclosures
50

1 active foreclosure listings in Iola, TX.

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โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Grimes County foreclosures for additional guidance on the purchase process.
There are currently 1 active foreclosure listings in Iola, TX. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Iola, TX Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 77861 ยท U.S. Census ACS
Population
2,921
Median Age
43.1 yrs
Households
1,085
Median Household Income
$67,113
Median Home Value
$244,800
Median Rent
$882/mo
Owner-Occupied
86% of homes
Vacancy Rate
16% of units
Unemployment Rate
4.5%

~15% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 77861
๐Ÿซ Elementary
IOLA EL
Grades Pre-Kโ€“5ยทIOLA ZIP 77861
๐ŸŽ“ High
IOLA H S
Grades 6โ€“12ยทIOLA ZIP 77861

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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