NOT LISTED FOR SALE

1133 Bean Farm Rd Forestburg, TX 76239

Estimated Value: $264,000

150.06 Acres
$1,759 Price per Acre
6,536,614 Sq Ft Lot

Last Sold March 11, 2024

Current estimated payment $1,392/month

43 Days on Market

Highlights

  • Docks
  • Fishing
  • 9 Stock Tanks or Ponds
  • Oak Trees
  • 150.06 Acre Lot
  • Covered Patio or Porch

About This Lot

As of March 2024

This beautiful, secluded 149 acre property has rolling terrain with excellent coverage for hunting and open pastures for grazing. The property has two ponds stocked with largemouth bass and crappie, as well as multiple smaller ponds across the property providing plenty of water for livestock and wildlife. Wild turkey, white tail deer, and waterfowl prospects are excellent with the abundance of ponds and native trees. The property is fully fenced and boasts an extended barndominium and enclosed garage complex featuring a full kitchen and living area, bunk beds for 6, bathroom, a beautiful family room with an Austin stone fireplace overlooking a pond, a bedroom suite with a King Size bed and a half bath, and a separate cedar-lined bunkroom with 8 beds. Additional features include a beautiful covered outdoor pavilion with a fireplace overlooking amazing views of the property, a horse shed, and a 30' by 60' covered garage. This unique find is located only one hour from the Metroplex.

Last Agent to Sell the Property

Julia Wheeless

BK Real Estate License #0815577 Listed on: 12/12/2023

Co-Listed By

Brittney Kosev

BK Real Estate License #0709206

Last Buyer's Agent

Jeanette CeBallos

Newland Real Estate, Inc. License #0456001

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Lot Details

  • 150.06 Acre Lot
  • Property fronts a county road
  • Cross Fenced
  • Wood Fence
  • Barbed Wire
  • Cleared Lot
  • Oak Trees
  • Heavily Wooded Lot
  • Cedar Trees

Home Design

  • Ranch Property

Interior Spaces

  • Ceiling Fan
  • Fireplace

Schools

  • Forestburg Elementary And Middle School
  • Forestburg High School

Farming

  • 1 Barn
  • 9 Stock Tanks or Ponds
  • Agricultural Exemption
  • Agricultural

Utilities

  • Central Heating and Cooling System
  • Well
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number R000015697
  • $2,081 per year unexempt tax

Community Details

Overview

  • 1344 Susan E Flanigan Survey Subdivision

Recreation

  • Fishing
  • Docks
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill

Property Details

Property Type

Land

Est. Annual Taxes

$10

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Lake Pump Y N: No
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Community Features: Fishing
  • Fencing: Barbed Wire, Cross Fenced, Wood
  • Surface Rights: Mineral Easement
  • Exterior Features: Covered Patio/Porch, Dock, Fire Pit, Outdoor Grill
  • Number Of Tanks And Ponds: 9
  • Waterfront: No
  • RoadFrontageType: County Road

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Aerobic Septic, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Forestburg ISD
  • Elementary School: Forestburg

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Cedar, Oak
  • Lot Size Units: Acres
  • Lot Size Area: 150.0600
  • Parcel Number: R000015697
  • Lot Size Acres: 150.0600
  • Lot Size Sq Ft: 6536613.6000
  • Possible Use: Agricultural, Barndominium, Cattle, Equine, Grazing, Horses, Hunting/Fishing, Livestock, Ranch, Recreational
  • Present Use: Agricultural, Cattle, Horses, Hunting/Fishing

Tax Info

  • Unexempt Taxes: 2081

MLS Schools

  • Middle School Name: Forestburg
  • Elementary School Name: Forestburg
  • High School Name: Forestburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 11, 2024
Sold by
Wheeless Bruce D
Bought by
Wheeless Bruce and Wheeless Shellee
Seller's Agent
Julia Wheeless
BK Real Estate
Buyer's Agent
Jeanette CeBallos
Newland Real Estate, Inc.
List Price
$1,899,750
Views
64
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.68%
Original Mortgage
$1,440,000
Outstanding Balance
$1,416,317
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$1,152,317
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Wheeless Bruce -- Cross Timbers Title
Parr Family Ranch Llc -- Cross Timbers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr Family Ranch Llc $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold -- -- --
01/25/2024 01/25/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $1,899,750 -- --
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 $10 $130,380 $130,380 $0
2023 $2,081 $167,870 $1,685,010 $147,870
2022 $2,275 $165,690 $1,341,610 $147,870
2021 $2,303 $938,990 $802,990 $136,000
2020 $2,141 $757,080 $629,790 $127,290
2019 $2,240 $757,080 $629,790 $127,290
2018 $1,680 $721,890 $629,790 $92,100
2017 $1,630 $643,170 $551,070 $92,100
2016 $1,629 $643,170 $551,070 $92,100
2015 -- $637,830 $551,070 $86,760
2014 -- $559,100 $472,340 $86,760
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20493499

North Texas Real Estate Information Systems (NTREIS)

APN: R000015697