NOT LISTED FOR SALE

10542 Merrill Rd Pilot Point, TX 76258

5 Beds
5 Baths
4,500 Sq Ft
52 Acres

Last Sold June 02, 2022

147 Days on Market

Highlights

  • Equestrian Center
  • 52 Acre Lot
  • 2-Story Property
  • RV or Boat Parking
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2022

True equestrian paradise with large, covered arena, outdoor practice arena, 48 beautiful stalls, covered and outdoor round pens, automatic 6 horse walkers, and plenty of hay pastures and turnout. Located across the street from the scenic horse trails on Lake Ray Roberts Isle de Bois State Park, ranch is ideal for multitude of outdoor recreational activities. There is shared access to the lake on the SE portion of the ranch providing access to the entire lake. The manager’s house (built in 1980, 1,920sf 3 bed-2bath) is located at 11176 Merrill Rd, adjacent to the outdoor arena. This property includes two 1,600sf barns and 2,232 sf, 5- stall, stable built in 1980 with storage and additional turnout pastures.

Last Agent to Sell the Property

David Burgher

Briggs Freeman Sotheby's Int'l License #0316273 Listed on: 11/16/2021

Briggs Freeman Sotheby's Int'l

Co-Listed By

Harlan Ray

Briggs Freeman Sotheby's Int'l License #0595299

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,011

Year Built

  • Built in 1998

Lot Details

  • 52 Acre Lot
  • Gated Home
  • Cross Fenced
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • 3 Car Garage
  • RV or Boat Parking

Home Design

  • 2-Story Property
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • 1 Fireplace
  • Window Treatments

Kitchen

  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Pilot Point Elementary And Middle School
  • Pilot Point High School

Farming

  • Agricultural Exemption
  • 2 Residences
  • Hot Walker
  • Pasture
  • Fenced For Horses

Horse Facilities and Amenities

  • Equestrian Center
  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Water to Barn
  • Round Pen
  • Barn or Stable
  • Stables
  • Arena

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Accessory Dwelling Unit (ADU)

Community Details

  • W Gorham Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number R176577

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,011

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Ranch
  • Structural Style: Farm/Ranch House, Single Detached, Vacation Home
  • Unit Levels: Two
  • Security: Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Water Body Name: Ray Roberts
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: Yes
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Ratio Current Price By Building: 1444.44444
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Square Footage: 4500.00
  • Windows: Window Coverings
  • Fireplace Features: Other
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Plumbed for Ice Maker, Refrigerator
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Cross Fenced, Gate, Wood
  • Ranch Name: Selah Equestria
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Construction Materials: Rock/Stone
  • Exterior Features: Covered Patio/Porch, Rain Gutters, RV/Boat Parking, Stable/Barn, Storage
  • Patio And Porch Features: Covered
  • RoadFrontageType: FM Road

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage, Oversized
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: All Weather Road, Cable Available, City Water, Electricity Available, Septic, Sewer Not Available, Well
  • Number Of Wells: 2

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Pilot Point ISD
  • Elementary School: Pilot Point
  • Middle School: Pilot Point
  • High School: Pilot Point
  • School District: Pilot Point ISD
  • Elementary School: Pilot Point
  • High School: Pilot Point

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Few Trees, Level, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 52.0000
  • Parcel Number: R176577
  • Lot Size Acres: 52.0000
  • Lot Size Sq Ft: 2265120.0000
  • Assessor Parcel Number 2: 64391
  • Possible Use: Agricultural, Equine, Single Family
  • Present Use: Crops and Livestock
  • LandLeaseYN: No

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • SeniorCommunityYN: No

Multi Family

  • Number Of Residences: 2

MLS Schools

  • MiddleOrJuniorSchool: Pilot Point
  • Middle School Name: Pilot Point
  • Elementary School Name: Pilot Point
  • High School Name: Pilot Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2006
Sold by
Neuman Kyle E and Neuman Teresa C
Bought by
Reid Hershel H and Reid Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Reid Hershel H -- Hftc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reid Hershel H $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold -- -- --
04/12/2022 04/12/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $6,500,000 -- $1,444 / Sq Ft
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
2025 $31,011 $1,807,270 $56,112 $1,751,158
2024 $31,011 $2,554,148 $0 $0
2023 $24,891 $2,047,365 $56,765 $1,990,600
2022 $16,592 $1,160,894 $46,689 $1,114,205
2021 $14,076 $975,058 $26,158 $948,900
2020 $15,400 $1,031,019 $26,225 $1,004,794
2019 $16,408 $1,028,330 $26,450 $1,001,880
2018 $15,531 $965,996 $26,563 $939,433
2017 $15,193 $938,742 $26,563 $912,179
2016 $15,370 $949,708 $27,351 $922,357
2015 $14,938 $943,582 $27,463 $916,119
2013 -- $895,617 $27,126 $868,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14711483

North Texas Real Estate Information Systems (NTREIS)

APN: R176577