NOT LISTED FOR SALE

1139 Fm 515 Emory, TX 75440

Estimated Value: $233,023 - $388,000

2 Beds
1 Bath
854 Sq Ft
$338/Sq Ft Est. Value

Last Sold February 12, 2021

Current estimated payment $1,685/month

260 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • 3 Stock Tanks or Ponds
  • Rains Elementary School Rated A-
  • 11.44 Acre Lot
  • Ranch Style House

About This Home

As of February 2021

This beautiful property features a solid 1940 farm house that has been remodeled. The property has 3 ponds and the one behind the house is stocked with catfish. There is about 1080 feet of hwy frontage. There are 2 extra water meters already in place. The property could be divided. Buyer and Buyer's agent to verify all information.

Last Agent to Sell the Property

Kim Phillips

Fathom Realty LLC License #0689815 Listed on: 04/07/2020

Fathom Realty LLC

Last Buyer's Agent

Sabrina Williams

Milestone Realty Texas LLC License #0669235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1940

Lot Details

  • 11.44 Acre Lot
  • Home fronts a creek
  • Barbed Wire
  • Net Fence
  • Few Trees

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 854 Sq Ft Home
  • Paneling
  • Wood Flooring
  • Plumbed For Gas In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Rains Elementary And Middle School
  • Rains High School

Farming

  • 3 Stock Tanks or Ponds
  • Agricultural Exemption
  • Pasture

Additional Features

  • Covered Patio or Porch
  • Outside City Limits
  • Horses Allowed On Property
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number R2944
  • $714 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 210.48009
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Square Footage: 854.00
  • Interior Amenities: Paneling
  • Flooring: Wood
  • Appliances: Plumbed For Gas in Kitchen
  • Number Of Living Areas: 1
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Barbed Wire, Net
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Construction Materials: Siding, Wood
  • Exterior Features: Covered Patio/Porch
  • Number Of Tanks And Ponds: 3
  • Waterfront: No
  • Patio And Porch Features: Covered
  • RoadFrontageType: FM Road

Garage/Parking

  • Cooling System: None
  • Carport Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Carport
  • GarageYN: No

Utilities

  • Heating: None
  • Utilities: All Weather Road, City Water, Individual Water Meter, Outside City Limits

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Rains ISD
  • Elementary School: Rains
  • High School: Rains
  • School District: Rains ISD
  • Elementary School: Rains
  • Junior High School: Rains
  • High School: Rains

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 11.4440
  • Parcel Number: R2944
  • Lot Size Acres: 11.4440
  • Lot Size Sq Ft: 498500.6400
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Single Family, Truck Farm
  • Present Use: Agricultural, Single Family
  • LandLeaseYN: No

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1940
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 714

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Rains
  • Elementary School Name: Rains
  • High School Name: Rains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Feb 12, 2021
Sold by
Ainsworth James and Ainsworth Susan
Bought by
Shott Tim Frank and Shott Kristi Nicole
Seller's Agent
Kim Phillips
Fathom Realty LLC
Buyer's Agent
Sabrina Williams
Milestone Realty Texas LLC
List Price
$165,000
Current Estimated Value
$288,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$179,750
Outstanding Balance
$161,133
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$127,208
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
Shott Tim Frank -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shott Tim Frank $179,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold -- -- --
12/23/2020 12/23/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $189,000 -5.0% $221 / Sq Ft
06/13/2020 06/13/20 Price Changed $199,000 +20.6% $233 / Sq Ft
04/07/2020 04/07/20 For Sale $165,000 -- $193 / 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 $1,367 $242,830 -- --
2023 $1,367 $93,261 $0 $0
2022 $1,458 $85,373 $0 $0
2021 $963 $0 $0 $0
2020 $889 $0 $0 $0
2019 $744 $0 $0 $0
2018 $690 $0 $0 $0
2017 $687 $0 $0 $0
2016 $630 $0 $0 $0
2015 -- $65,317 $42,502 $22,815
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Phillips

    Seller's Agent in 2021

    Kim Phillips

    Fathom Realty LLC

    (903) 283-2554

    60 Total Sales

    Kim Phillips
    Section Image

  • S

    Buyer's Agent in 2021

    Sabrina Williams

    Milestone Realty Texas LLC

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14317849

North Texas Real Estate Information Systems (NTREIS)

APN: R2944

Texas Rains County Emory 75410

1139 Fm 515, Emory, TX

This home is located at 1139 Fm 515, Emory, TX 75440 since 07 April 2020 and is currently estimated at $288,341, approximately $337 per square foot. This property was built in 1940. 1139 Fm 515 is a home located in Rains County with nearby schools including Rains Elementary School, Rains Intermediate School, and Rains Junior High School.

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