NOT LISTED FOR SALE

111 2nd St Pecan Gap, TX 75469

Estimated Value: $54,000 - $163,000

3 Beds
2 Baths
1,840 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 25, 2023

Current estimated payment $763/month

49 Days on Market

About This Home

As of October 2023

PRICE IMPROVEMENT!!! Looking for the perfect investment property? HERE IT IS! This home boasts great potential for a fix and flip or rental opportunity and would add value to your investment portfolio at just under 2,000 SF on a desirable large corner lot. Investing in this property, you could benefit from stable rental income and the possibility of long-term capital appreciation as this area continues to grow. Rental rates are $1000+ per mo AVG. Pecan Gap is located near the two new Texas lakes, Bois d' Arc Lake and Lake Ralph Hall making this home even more desirable. Pecan Gap is an easy commute to nearby cities such as Commerce, Greenville and Paris for work or school. Get this one in your portfolio before its too late! Home is SOLD AS IS WHERE IS. NO REPAIRS WILL BE MADE BY SELLER.

Last Agent to Sell the Property

Stephanie Cotton

Reside Realty Group Brokerage Phone: 903-885-3146 License #0636029 Listed on: 08/06/2023

Last Buyer's Agent

Johanna Hernandez

Monument Realty License #0751627

Monument Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1928

Lot Details

  • 0.36

Parking

  • Gravel Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fannindell Elementary And Middle School
  • Fannindell High School

Additional Features

  • 0.36 Acre Lot
  • Municipal Utilities District Water

Community Details

  • Old Town Pecan Gap Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 6621
  • $1,140 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 903-885-3146
  • Special Features: None

Interior Features

  • Square Footage: 1840.00
  • Interior Amenities: Other
  • Appliances: None
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Construction Materials: Frame, Unknown

Garage/Parking

  • Parking Features: Gravel
  • GarageYN: No

Utilities

  • Utilities: City Sewer, Electricity Available, MUD Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fannindel ISD
  • Elementary School: Fannindell
  • Middle School: Fannindell
  • High School: Fannindell
  • School District: Fannindel ISD
  • Elementary School: Fannindell

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.3580
  • Parcel Number: 6621
  • Lot Size Acres: 0.3580
  • Lot Size Sq Ft: 15594.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1928

Tax Info

  • Unexempt Taxes: 1140
  • TaxBlock: 5
  • Tax Lot: 2

MLS Schools

  • Middle School Name: Fannindell
  • Elementary School Name: Fannindell
  • High School Name: Fannindell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Jandro Lynda
Bought by
Barker Billy
Current Estimated Value
$120,094

Purchase Details

Closed on
Apr 18, 2022
Sold by
Lee Roberson and Lee Michael
Bought by
Sutton Ernie and Sutton Derene
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barker Billy -- --
Sutton Ernie -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold -- -- --
09/25/2023 09/25/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $49,900 -23.2% $27 / Sq Ft
08/06/2023 08/06/23 For Sale $65,000 -- $35 / 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
2024 $1,548 $98,310 $15,580 $82,730
2023 $2,421 $98,310 $15,580 $82,730
2022 $1,140 $89,510 $7,790 $81,720
2021 $1,184 $63,800 $5,450 $58,350
2020 $1,091 $53,790 $3,900 $49,890
2019 $1,030 $53,790 $3,900 $49,890
2018 $945 $46,940 $3,900 $43,040
2017 $866 $39,400 $3,900 $35,500
2016 $787 $38,340 $3,900 $34,440
2015 -- $30,950 $3,900 $27,050
2014 -- $30,970 $3,900 $27,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20400813

North Texas Real Estate Information Systems (NTREIS)

APN: 6621