NOT LISTED FOR SALE

00 Fm 1198 Era, TX 76240

Estimated Value: $969,076

102 Acres
$9,501 Price per Acre
4,443,120 Sq Ft Lot

Last Sold December 28, 2017

Current estimated payment $5,363/month

29 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • 1 Stock Tank or Pond
  • Era School Rated A-
  • 102 Acre Lot
  • Pasture

About This Lot

As of December 2017

Seller is liquidating all of their real estate holdings in the area. 14 different tracts are being sold by sealed bid, with all bids being presented to the sellers on October 11, 2017.
This property is known as the South Barns Farm
WATER: Windmill well (currently unoperative). Pond. Grasshopper Creek.
ELECTRIC: Lines on FM 1198. No meter on the property.
FENCES: Good to excellent barbed wire fence. Cross fenced from grass to cultivation
VEGETATION: Native grasses on lay-out land. 21.5 acres in cultivation.
MINERALS: No minerals to convey. No current production on property.
EASEMENTS: Standard electric line easements. Pipeline easement.
IMPROVEMENTS: None.

Last Agent to Sell the Property

Jared Groce

Mossy Oak Properties of Texas- Cross Timbers Land License #0584362 Listed on: 09/17/2017

Last Buyer's Agent

Jared Groce

Mossy Oak Properties of Texas- Cross Timbers Land License #0584362 Listed on: 09/17/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $683

Lot Details

  • 102 Acre Lot
  • Home fronts a creek
  • Unincorporated Location
  • Barbed Wire
  • Few Trees
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Era Elementary And Middle School
  • Era High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 79 Acres of Pasture
  • Agricultural
  • Pasture

Utilities

  • Electricity Not Available
  • No City Services
  • Overhead Utilities
  • Well
  • Sewer Not Available

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Community Details

  • Nail H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20637
  • $565 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$683

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Pipeline, Utilities
  • Fencing: Barbed Wire
  • Cultivated Acreage: 21.50
  • Pasture Acres: 78.50
  • Soil Type: Black, Clay
  • Surface Rights: All
  • Number Of Tanks And Ponds: 1
  • Road Assessment Y N: No
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: All Weather Road, Asphalt, Electricity Not Available, Outside City Limits, Overhead Utilities, Sewer Not Available, Unincorporated, Well, No City Services
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Era ISD
  • Elementary School: Era
  • Middle School: Era
  • High School: Era
  • School District: Era ISD
  • Elementary School: Era
  • High School: Era

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Few Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 102.0000
  • Parcel Number: 20637
  • Lot Size Acres: 102.0000
  • Lot Size Sq Ft: 4443120.0000
  • Subdivided: Yes
  • Zoning Description: Not Zoned
  • Possible Use: Agricultural, Cattle, Dairy, Equine, Exotics, Grazing, Hunting/Fishing, Single Family
  • Present Use: Agricultural
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 565

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Era
  • Middle School Name: Era
  • Elementary School Name: Era
  • High School Name: Era

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2012
Sold by
Barnes John and Barnes John Marcus
Bought by
K-B Farms and Klement Daniel Lee
Total Days on Market
29
Current Estimated Value
$969,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$167,251
Interest Rate
3.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
K-B Farms -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K-B Farms $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold -- -- --
10/16/2017 10/16/17 Pending -- -- --
09/17/2017 09/17/17 For Sale $408,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $683 $45,364 $45,275 $89
2023 $558 $37,072 $36,986 $86
2022 $613 $37,676 $1,371,914 $86
2021 $680 $923,609 $923,516 $93
2020 $670 $800,548 $800,452 $96
2019 $582 $650,020 $649,934 $86
2018 $596 $622,702 $622,680 $22
2017 $565 $378,022 $378,000 $22
2015 $508 $378,022 $378,000 $22
2014 $508 $378,022 $378,000 $22
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13695640

North Texas Real Estate Information Systems (NTREIS)

APN: 20637