NOT LISTED FOR SALE

1141 Cr 208 Gainesville, TX 76240

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

11 Acres
$50,267 Price per Acre
479,160 Sq Ft Lot

Last Sold September 12, 2022

Current estimated payment $3,061/month

28 Days on Market

About This Lot

As of September 2022

Beautiful 11 acres in the popular Oak Creek Ranch! once was a working cattle ranch.
READY TO BUILD YOUR DREAM HOME!
Brand new insulated 40x44 shop with lean-to, inside shop measures 24x40. two roll-up doors and a walkthrough door. Includes 120amp, 240amp, and RV hookup wiring, gravel driveway, Barb-wire fencing in place and ready for your animals. Underground power is installed and water is at the front of the property ready to run to the homesite. In Ag, currently has 11 Bee Hives and cattle. No lease agreements

Last Agent to Sell the Property

Kalie Kardum

Sarah Boyd & Co License #0753495 Listed on: 06/10/2022

Last Buyer's Agent

Lindsey Mccuistion

CENTURY 21 Judge Fite Co. License #0714421

CENTURY 21 Judge Fite Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,791

Lot Details

  • 11 Acre Lot
  • Barbed Wire
  • Few Trees
  • Zoning described as deed restrictions

Schools

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

Farming

  • Agricultural Exemption
  • Agricultural

Utilities

  • Co-Op Electric
  • Co-Op Water

Community Details

  • Oak Creek Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 315479

Property Details

Property Type

Land

Est. Annual Taxes

$1,791

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Building, Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire
  • Soil Type: Sandy Loam

Utilities

  • Utilities: Co-op Electric, Co-op Water, Gravel/Rock

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

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

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 11.0000
  • Parcel Number: 315479
  • Lot Size Acres: 11.0000
  • Lot Size Sq Ft: 479160.0000
  • Zoning Description: deed restrictions
  • Possible Use: Agricultural, Cattle, Single Family
  • Present Use: Agricultural, Cattle

MLS Schools

  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Schwanebeck Bill H and Schwanebeck Kayley
Bought by
Davis Joel R and Davis Ann M
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.
Original Mortgage
$388,000
Outstanding Balance
$375,357
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$177,582

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 12, 2022
Sold by
Martin David G and Martin Leticia
Bought by
Schwanebeck Billy H and Schwanebeck Kayley
Seller's Agent
Kalie Kardum
Sarah Boyd & Co
Buyer's Agent
Lindsey Mccuistion
CENTURY 21 Judge Fite Co.
List Price
$395,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
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
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
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
09/12/2022 09/12/22 Sold -- -- --
07/08/2022 07/08/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $395,000 -- --
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: 20083134

North Texas Real Estate Information Systems (NTREIS)

APN: 315479