NOT LISTED FOR SALE

1141 County Road 208 Gainesville, TX 76240

Estimated Value: $416,000 - $665,000

2 Beds
1 Bath
960 Sq Ft
$576/Sq Ft Est. Value

Last Sold March 24, 2023

Current estimated payment $3,061/month

16 Days on Market

Highlights

  • Horses Allowed On Property
  • 11 Acre Lot
  • 1 Stock Tank or Pond
  • RV Access or Parking
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of March 2023

Come enjoy the good life on this beautiful 11 acres located in the picturesque Oak Creek Ranch. This AG EXEMPT, NO HOA property currently has a 2 bedroom 1 bath 960 sqft cozy & charming barndominium perfect to live in while you build out your dream home! This barndominium has luxury vinyl plank flooring throughout, butcher block countertops in the kitchen, a walk in laundry room pantry space & many other modern farmhouse touches throughout. All the hard work is done; septic, electricity, water, driveway & fencing have been completed. You also have a stock tank on the property to offer whatever livestock you choose easy access to drinking water as well. Cooke County is home to some of the most beautiful farm & ranch properties & this area is no exception. After you come see this property for yourself, take a drive around to see all the beautiful neighboring homes & properties & scenic views Oak Creek Ranch has to offer! Easy access to i35 & historic downtown Gainesville.

Last Agent to Sell the Property

Lindsey Mccuistion

CENTURY 21 Judge Fite Co. License #0714421 Listed on: 01/13/2023

CENTURY 21 Judge Fite Co.

Last Buyer's Agent

Johnna McQuillan

RE/MAX Signature Properties License #0699247

RE/MAX Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,791

Year Built

  • Built in 2022

Lot Details

  • 11 Acre Lot
  • Property fronts a county road
  • Wire Fence
  • Few Trees

Home Design

  • Converted Barn or Barndominium
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Decorative Lighting
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • RV Access or Parking

Schools

  • Gainesvill Middle School
  • Lee Middle School
  • Gainesvill High School

Farming

  • 1 Stock Tank or Pond
  • 1 Residence
  • Agricultural

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Aerobic Septic System

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • Bailey Acc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 315479
  • $31 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,791

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Barndominium
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Deed
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 940-320-4355
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 960.00
  • Interior Amenities: Decorative Lighting, Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Washer
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wire
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Construction Materials: Metal Siding
  • Exterior Features: Covered Patio/Porch, RV Hookup
  • Number Of Tanks And Ponds: 1
  • Patio And Porch Features: Covered
  • RoadFrontageType: County Road
  • RoadSurfaceType: Gravel

Garage/Parking

  • Cooling System: Electric, Wall Unit(s)
  • Carport Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Carport, Driveway, RV Access/Parking
  • GarageYN: No

Utilities

  • Heating: Electric
  • Utilities: Aerobic Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gainesville ISD
  • Intermediate School: Lee
  • Junior High School: Gainesvill

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Few Trees, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 11.0000
  • Parcel Number: 315479
  • Lot Size Acres: 11.0000
  • Lot Size Sq Ft: 479160.0000
  • Possible Use: Agricultural, Cattle, Equine, Horses, Livestock, Pasture, Recreational, Residential, Sheep/Goats, Single Family
  • Present Use: Agricultural, Cattle, Grazing, Horses, Livestock, Pasture, Recreational, Residential, Sheep/Goats, Single Family

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2022

Multi Family

  • Number Of Residences: 1

Tax Info

  • Unexempt Taxes: 31

MLS Schools

  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 24, 2023
Sold by
Schwanebeck Bill H and Schwanebeck Kayley
Bought by
Davis Joel R and Davis Ann M
Seller's Agent
Lindsey Mccuistion
CENTURY 21 Judge Fite Co.
Buyer's Agent
Johnna McQuillan
RE/MAX Signature Properties
List Price
$525,000
Views
14
Current Estimated Value
$552,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$388,000
Outstanding Balance
$375,357
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$177,582

Purchase Details

Closed on
Sep 12, 2022
Sold by
Martin David G and Martin Leticia
Bought by
Schwanebeck Billy H and Schwanebeck Kayley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2020
Sold by
Cslr Ranch Partners Llc
Bought by
Martin David G and Martin Leticia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Joel R -- --
Schwanebeck Billy H -- --
Martin David G -- Title Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Joel R $388,000
Previous Owner Schwanebeck Billy H $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold -- -- --
01/29/2023 01/29/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $525,000 -- $547 / 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 $1,791 $265,901 $49,540 $216,361
2024 $1,791 $194,874 $49,570 $145,304
2023 $2,523 $182,053 $43,670 $138,383
2022 $31 $1,969 $0 $0
2021 $17 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20238095

North Texas Real Estate Information Systems (NTREIS)

APN: 315479