NOT LISTED FOR SALE

11162 Osburn Rd Pilot Point, TX 76258

3 Beds
2 Baths
2,801 Sq Ft
11.8 Acres

Last Sold September 02, 2023

16 Days on Market

Highlights

  • Stables
  • 11.8 Acre Lot
  • 2-Car Garage with one garage door
  • In Ground Pool
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of September 2023

$500,000 IS THE OPENING BID FOR THIS PROPERTY SELLING IN A LIVE AUCTION ON SATURDAY, JUNE 24, 2023 AT 11AM. This nearly 12 acre Executive Ranchette is located in the Heart of Horse Country. Offered For Sale at Auction divided in 3 separate Tracts. Buy any Tract, any Combination or Buy all 3. Tract 1 features a 3 bedroom-2 bath 2801' Custom Main House with salt water pool, 2 bedroom-2 bath 1850' Guest House, 10 stall Show Barn, 15 stall barn, workshop & 2 outdoor arenas on 8.74 acres. The adjoining Tract 2 has a 924' Mobile Home & loafing shed on 1.02ac. Tract 3, 2.04ac pasture with 2 loafing sheds is a prime homesite. Property sells AS IS with no contingencies related to financing, post sale inspections or appraisals and NO option period. Auction Registration at 9am, Live Auction at 11am. 10% Buyer's Premium added to High Bid at Auction to constitute the Total Contract Price. Buyer's Premium paid the day of the Auction. Balance due Thursday, August 3 at Doster Law Group in Denton.

Last Agent to Sell the Property

Tony Langdon

David Elkins Real Estate Brokerage Phone: 817-304-2800 License #0488403 Listed on: 06/08/2023

Last Buyer's Agent

Tony Langdon

David Elkins Real Estate Brokerage Phone: 817-304-2800 License #0488403 Listed on: 06/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,099

Year Built

  • Built in 1884

Lot Details

  • 11.8 Acre Lot
  • Property fronts a county road
  • Pipe Fencing
  • Landscaped
  • Large Grassy Backyard

Parking

  • 2-Car Garage with one garage door
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Property Attached
  • Stone Siding

Interior Spaces

  • 2,801 Sq Ft Home
  • Living Quarters
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Schools

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

Farming

  • Hay Barn
  • 2 Barns
  • Equipment Barn
  • 3 Residences
  • Loafing Shed
  • Agricultural
  • Mare Motel
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Tack Room
  • Stables
  • Arena

Utilities

  • Central Heating and Cooling System
  • Co-Op Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R767291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,099

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Structural Style: Farm/Ranch House
  • Unit Levels: One
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Attribution Contact: 817-304-2800
  • Special Features: None

Interior Features

  • Square Footage: 2801.00
  • Fireplace Features: Den
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Walk-In Closet(s)
  • Appliances: Electric Oven, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: Yes
  • Fencing: Pipe
  • Soil Type: Sandy Loam
  • Construction Materials: Rock/Stone
  • Pool Features: In Ground, Salt Water
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Single Door, Concrete, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • Utilities: Asphalt, Co-op Water, Septic

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Landscaped, Lrg. Backyard Grass, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 11.8000
  • Parcel Number: R767291
  • Lot Size Acres: 11.8000
  • Lot Size Sq Ft: 514008.0000
  • Assessor Parcel Number 2: R128565
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Recreational, Residential
  • Present Use: Agricultural, Horses, Pasture

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1884

Multi Family

  • Number Of Residences: 3

MLS Schools

  • 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
Sep 29, 2016
Sold by
Mclean Robbins Vikki J and Robbins Michael C
Bought by
Besardi Nancy and Besardi Jesslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$477,832
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Williams James M and Thompson Carol
Bought by
Mclean Robbins Vikki J and Mclean Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,613
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Besardi Nancy -- Title Resources
Besardi Nancy -- Title Resources
Mclean Robbins Vikki J -- First American Title
Mclean Robbins Vikki J -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besardi Nancy $595,000
Previous Owner Mclean Robbins Vikki J $553,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2023 09/02/23 Sold -- -- --
07/24/2023 07/24/23 Price Changed $1,850,000 +270.0% $660 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $500,000 -- $179 / 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 $22,099 $1,846,111 $135,661 $1,710,450
2024 $22,099 $1,820,138 $0 $0
2023 $6,395 $568,754 $52,700 $632,227
2022 $7,355 $514,611 $47,506 $496,156
2021 $7,103 $519,305 $24,024 $495,281
2019 $6,276 $393,325 $24,076 $369,249
2018 $12,368 $769,235 $48,191 $721,044
2017 $12,777 $789,485 $48,191 $741,294
2016 $11,385 $710,278 $48,471 $661,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20351083

North Texas Real Estate Information Systems (NTREIS)

APN: R43309