NOT LISTED FOR SALE

10307 Fm 343 E Rusk, TX 75785

Estimated Value: $1,315,421

300 Acres
$4,385 Price per Acre
13,068,000 Sq Ft Lot

Last Sold February 26, 2021

Current estimated payment $6,867/month

About This Lot

As of February 2021

Features: • Highly productive mid rotation pine plantation. • Near term cashflow. • FM Road frontage • Water and electricity onsite. • Great road system. • Property is manicured and has been burned regularly. • Great recreational/ investment property.

Last Agent to Sell the Property

Wes Kilpatrick

Morris Land Brokers, LLC License #0591248 Listed on: 02/23/2021

Last Buyer's Agent

Wes Kilpatrick

Morris Land Brokers, LLC License #0591248 Listed on: 02/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,492

Lot Details

  • 300 Acre Lot
  • Property fronts an easement

Schools

  • Rusk Elementary And Middle School
  • Rusk High School

Farming

  • Timber

Utilities

  • Electricity To Lot Line
  • Natural Gas Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,492

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 10307 E FM 343
  • LakeCommunity: No
  • LO1BrokerLicenseNumber: 0591248 - Wesley Frank Kilpatrick
  • PrimaryType: Rural Acreage
  • OFFICELIST_STATE: TX
  • Restrictions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Easements: Electric, Water Lines
  • Fencing: None
  • Out Buildings: None
  • Waterfront: No
  • Water View: No

Utilities

  • Electric: Electric On Site
  • Gas Company: None
  • Hot Water: Water On Site

Fee Information

  • Tax Class: RURAL ACREAGE
  • Taxes: 1491.9

Schools

  • Elementary School: Rusk
  • High School: Rusk
  • Middle School: Rusk

Lot Info

  • Current Use: Timber
  • Total Acres: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Feb 26, 2021
Sold by
Choate Larry
Bought by
Cross Cut Hardwoods Inc
Seller's Agent
Wes Kilpatrick
Morris Land Brokers, LLC
Buyer's Agent
Wes Kilpatrick
Morris Land Brokers, LLC
Current Estimated Value
$1,315,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Oct 24, 2008
Sold by
Massingill Richard L
Bought by
Massingill James K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cross Cut Hardwoods Inc -- None Available
Massingill James K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
Source: Greater Tyler Association of REALTORS®

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
2025 $270 $762,130 $762,130 $0
2024 $8 $1,693,790 $1,693,790 $0
2023 $763 $940,990 $940,990 $0
2022 $991 $940,990 $940,990 $0
2021 $1,103 $723,840 $723,840 $0
2020 $1,204 $613,850 $613,850 $0
2019 $2,408 $616,090 $548,080 $68,010
2018 $2,292 $613,620 $548,080 $65,540
2017 $1,233 $467,410 $467,410 $0
2016 $1,135 $444,300 $444,300 $0
2015 -- $444,300 $444,300 $0
2014 -- $444,300 $444,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 10122070

Greater Tyler Association of REALTORS®

APN: 000117480200