$299,869
SOLD FEB 14, 2022
Last list price

12101 Fm 586 S Brookesmith, TX 76827

50 Acres
$5,995 Price per Acre
2,178,871 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

51 Days on Market

Highlights

  • Horses Allowed On Property
  • 50.02 Acre Lot
  • Pasture
  • Oak Trees
  • Covered Patio or Porch
  • 50 Acres of Pasture

About This Lot

As of February 2022

Extremely nice 50.02 acres with paved road frontage. The ranch offers heavy cover of native brush, large live oak trees, mesquite and cedar. There are two main food plot areas and the soil is sandy loam. Excellent hunting of deer, turkey, quail, dove and hogs. The ranch is fenced on 3 sides . There is a double wide with 3 bedrooms, two baths, utility room, large living and dining room with fireplace and kitchen. The home offers carpet, tile and laminate flooring. It will need new plumbing and septic is uncertain at this time... This is a great property with endless opportunities....whether you are looking for a weekend getaway or place to call home...This just may be for you. Call Today

Last Agent to Sell the Property

Teresa Stephens Lee

Stephens Ranch Hand Real Estate License #0527243 Listed on: 11/13/2021

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1983

Lot Details

  • 50.02 Acre Lot
  • Net Fence
  • Level Lot
  • Oak Trees
  • Mesquite Trees
  • Many Trees

Schools

  • Brookesmith Elementary And Middle School
  • Brookesmith High School

Farming

  • 50 Acres of Pasture
  • Pasture

Utilities

  • Co-Op Electric
  • Overhead Utilities
  • Co-Op Water
  • Sewer Not Available

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 000000027957
  • Tax Block 44
  • $3,912 per year unexempt tax

Community Details

Overview

  • Brooke Smiths Sub Subdivision

Recreation

  • Covered Patio or Porch

Property Details

Property Type

Land

Est. Annual Taxes

$1,320

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Net
  • Pasture Acres: 50.02
  • Soil Type: Sandy Loam
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, Co-op Electric, Co-op Water, Electricity Available, Outside City Limits, Overhead Utilities, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Brookesmith ISD
  • Elementary School: Brookesmith
  • Middle School: Brookesmith
  • High School: Brookesmith
  • School District: Brookesmith ISD
  • Elementary School: Brookesmith
  • High School: Brookesmith

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Level, Many Trees, Mesquite, Oak, Other, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 50.0200
  • Parcel Number: 000000027957
  • Lot Size Acres: 50.0200
  • Lot Size Sq Ft: 2178871.2000
  • Possible Use: Agricultural, Cattle, Grazing, Hunting/Fishing, Mobile Home, Single Family
  • Present Use: Agricultural, Hunting/Fishing, Mobile Home

Building Info

  • Year Built: 1983

Tax Info

  • Unexempt Taxes: 3912
  • TaxBlock: 44

MLS Schools

  • MiddleOrJuniorSchool: Brookesmith
  • Middle School Name: Brookesmith
  • Elementary School Name: Brookesmith
  • High School Name: Brookesmith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Feb 14, 2022
Sold by
Byrd Jason T
Bought by
Shearin William Hunter
Seller's Agent
Teresa Stephens Lee
Stephens Ranch Hand Real Estate
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$299,869
Current Estimated Value
$370,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$309,850
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 27, 2018
Sold by
Sgro Ronald A
Bought by
Byrd Jason T
Seller's Agent
Sam Nichols
Donnie Stegemoller, REALTORS®
Buyer's Agent
Sam Nichols
Donnie Stegemoller, REALTORS®
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$122,400
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2013
Sold by
Meek James R and Meek Sharon
Bought by
Sgro Ronald A and Shana S Sgro 2012 Irrevocable Trust

Purchase Details

Closed on
May 6, 2009
Sold by
Veterans Land Board Of The State Of Texa
Bought by
Meek James R
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 Type Sale Price Title Company
Deed -- New Title Company Name
Vendors Lien -- Brown County Abstract Co Inc
Warranty Deed -- None Available
Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $309,850 New Conventional
Previous Owner $122,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold -- -- --
01/03/2022 01/03/22 Pending -- -- --
11/13/2021 11/13/21 For Sale $299,869 +71.4% $205 / Sq Ft
08/28/2018 08/28/18 Sold -- -- --
07/20/2018 07/20/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $175,000 -- $119 / 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 $1,320 $381,720 $294,510 $87,210
2023 $1,258 $101,870 $0 $0
2022 $2,176 $146,800 $0 $0
2021 $3,912 $229,570 $164,860 $64,710
2020 $3,052 $176,640 $131,310 $45,330
2019 $3,158 $170,380 $125,050 $45,330
2018 $1,912 $102,320 $62,530 $39,790
2017 $1,898 $102,320 $62,530 $39,790
2016 $1,866 $100,640 $62,530 $38,110
2015 -- $100,640 $62,530 $38,110
2014 -- $100,640 $62,530 $38,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14710010

North Texas Real Estate Information Systems (NTREIS)

APN: 27957