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Fairfield

Fairfield

Located in Freestone County

$246,694 Average Value
$127 Average Price per Sq Ft
26 Homes For Sale

Fairfield is a rural and tight night town between Waco and Palestine

Fairfield offers buyers a small downtown with plenty of restaurants, businesses, and an array of single-family homes and outdoor spaces. Located between Palestine and Waco, Fairfield, the Freestone County seat, was initially focused on cotton growing, but grew to be a center for electrical power production and coal mining. While the coal-fired plant has been closed, a new gas-fired plant, operated by Calpine, opened northeast of town. Libby Harris, a sales agent with Premier Realty, who has sold in the area, notes that the city maintains an agricultural feel, with plenty of ranches and farms on the outskirts of downtown. However, Harris says a new luxury housing development off Fairfield Lake, as well as an expansion to the powerplant aims to bring more people to this town of 2,800.

A mix of housing styles with a newer development under construction

Homes can range from Craftsmans to ranch-styles, bungalows and New Traditionals. The median price is over $199,000, lower than the state and national medians. While prices generally stay below $450,000, some properties can reach above $1 million.
Properties are typically on gridded streets with large lots and oak trees accenting lawns. Properties with more acreage and farmsteads surround Fairfield. Newer luxury homes and a golf course will be built along Fairfield Lake as part of a new resort. Harris says the complex is already under construction but is “quite a ways off” from completion.

Outdoor fun at Fairfield City Park, local lakes or wildlife areas

Fairfield City Park has multiple amenities, including baseball diamonds, soccer fields, courts and disc golf. The 41,000-acre Richland-Chambers Reservoir, north of town, has fishing and boating. The Big Lake Bottom Wildlife Management Area allows for wildlife viewing, hunting and hiking. The Tri-County Golf Club at the Vineyards in nearby Teague is a public, 6,000-yard course.
The Freestone County Fairgrounds hosts multiple events, including agriculture shows, a yearly rodeo and concerts. The city also holds a parade and fireworks on Fourth of July.

Students can go to the Fairfield Independent School District

Students can attend the Fairfield Independent School District, graded B on Niche. They can start at Fairfield Elementary, scored B-plus, and then go to B-rated Fairfield Intermediate. Fairfield Junior High earns a B-minus. Fairfield High has a B, while the district offers career courses in agriculture and technology.

Dining and shopping in downtown and on Highway 84

Restaurants are mainly concentrated along Highway 84 and Commerce Street and include a mix of chains and local spots. Sam’s Original Restaurant serves barbecue, fried chicken and homemade pies. Ponte’s Diner offers breakfast items, burgers and sandwiches. Rancho Viejo has Mexican dishes.
Downtown has several boutiques and antique stores. Grocery shopping can be done at Brookshire Brothers, Dollar Tree and Dollar General. More shopping options are 35 miles east in Palestine or Corsicana, 33 miles north.

Weather risks in Fairfield

Maps show there is a slight flooding risk in Fairfield. Severe storms and tornadoes are also a possibility.

Interstate 45 and U.S. Highway 84 are the main routes out

Fairfield is car-dependent and has no public transit connections. The entrances to Interstate 45 are along U.S. Highway 84 and Commerce Street. U.S. 84 connects to Palestine and Waco. Waco Regional Airport is 67 miles west, while Dallas-Fort Worth International Airport is 114 miles northwest. Freestone Medical Center is on Newman Street, offering emergency and surgical care.

Tyler Patchen
Written By
Tyler Patchen

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Fairfield Housing Trends

Housing Trends

Median List Price
$205,000
Median Sale Price
$193,000
Median Single Family Sale Price
$202,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
55
Median Home Sale Price YoY Change
-9%
Average Price Per Sq Ft
$127

Area Facts

Number of Homes
595
Number of Homes for Sale
26
Median Year Built
1978
Months of Supply
5.70
Average Single Family Home Size Sq Ft
1,970
On par with the national average
1,926
Average Townhouse Size Sq Ft
3,505
Median Lot Size Sq Ft
27,225

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Fairfield Has More Owners

Demographics

Total Population
2,969
Median Age
42
Population under 18
25.7%
On par with the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%

Finances

Median Household Income
$56,515
Significantly below the national average
$71,702
Average Household Income
$80,702

Education and Workforce

High School Graduates
78.1%
Below the national average
89.1%
College Graduates
13.8%
Below the national average
34.1%
Advanced Degrees
5.7%
% Population in Labor Force
60%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
36°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

27 / 100

Car-Dependent

Walk Score®®

21 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Fairfield