NOT LISTED FOR SALE

121955 Smith Oak Rd Sherman, TX 75090

77.71 Acres
-- Price per Acre
3,384,874 Sq Ft Lot

Last Sold June 29, 2021

22 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Stock Tank or Pond
  • Lot Has A Rolling Slope
  • 77.71 Acre Lot

About This Lot

As of June 2021

76.37 acres, less than one minute off HWY 82 East, cultivated field, rolling terrain, large trees and stock tank. Owner will transfer existing mineral interests will full price offer. Owner will consider subdivision as well as consider owner financing with large down payment.

Last Agent to Sell the Property

Glenn Walls

Glenn Truman Walls III License #0210187 Listed on: 04/19/2021

Last Buyer's Agent

Butch Fife

Butch Fife, REALTORS License #0282409

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Lot Details

  • 77.71 Acre Lot
  • Barbed Wire
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Few Trees
  • Subdivision Possible
  • Land Lease
  • Zoning described as Agricultural

Home Design

  • Ranch Property

Schools

  • Crutchfield Elementary School
  • Piner Middle School
  • Sherman High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 61 Acres of Pasture
  • Agricultural

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Co-Op Electric
  • Electricity Not Available
  • No City Services
  • Co-Op Water
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number 121955
  • $116 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$10

Lot Details

0

Listing Details

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

Exterior Features

  • Easements: None
  • Fencing: Barbed Wire, Other
  • Cultivated Acreage: 15.00
  • Pasture Acres: 61.37
  • Soil Type: Black
  • Surface Rights: All
  • Number Of Tanks And Ponds: 1
  • Road Assessment Y N: No
  • RoadSurfaceType: Asphalt, Gravel

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Aerobic Septic, Co-op Electric, Co-op Water, Electricity Not Available, No City Services

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • High School: Sherman

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Few Trees, Rolling Slope, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 77.7060
  • Parcel Number: 121955
  • Lot Size Acres: 77.7060
  • Lot Size Sq Ft: 3384873.3600
  • Subdivided: No
  • Zoning Description: Agricultural
  • Possible Use: Agricultural, Cattle
  • Present Use: Agricultural, Cattle
  • LandLeaseYN: Yes

Tax Info

  • Unexempt Taxes: 116

MLS Schools

  • MiddleOrJuniorSchool: Piner
  • Middle School Name: Piner
  • Elementary School Name: Crutchfield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Fang Qing
Bought by
Fang Frank Yuxing

Purchase Details

Closed on
Feb 22, 2023
Sold by
Wclc 13791 Llc
Bought by
Fang Qing and Zhang Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2023
Sold by
Wclc 13791 Llc
Bought by
Kitts Zachary Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2021
Sold by
Wclc 13791 Llc
Bought by
Vadavala Vikram and Cheruku Abhiram Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2021
Sold by
Wclc 13791 Llc
Bought by
Vadavala Vikram and Cheruku Abhiram Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2018
Sold by
Le Baker Bobbie Altha Phillips
Bought by
Wclc 13791 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Baker Bobbie Altha Phillips
Bought by
Phillips Robert H and Phillips Donna Kay
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
Fang Frank Yuxing -- Chapin Title Company
Fang Qing -- Chapin Title Company
Kitts Zachary Austin -- Red River Title
Vadavala Vikram -- Secured Title
Vadavala Vikram -- Secured Title
Wclc 13791 Llc -- Chicago Title
Phillips Robert H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitts Zachary Austin $223,200
Previous Owner Vadavala Vikram $357,000
Previous Owner Vadavala Vikram $357,000
Previous Owner Wclc 13791 Llc $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold -- -- --
06/29/2021 06/29/21 Price Changed $854,696 +6.8% --
06/22/2021 06/22/21 For Sale $800,000 0.0% --
05/11/2021 05/11/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $800,000 -- --
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 $10 $654 $654 --
2024 $10 $609 $0 $0
2023 $12 $702 $702 $0
2022 $23 $1,251 $1,251 $0
2021 $94 $4,636 $4,636 $0
2020 $0 $5,740 $5,740 $0
2019 $141 $6,214 $6,214 $0
2018 $143 $6,290 $6,290 $0
2017 $142 $6,805 $6,805 $0
2016 $141 $6,729 $6,729 $0
2015 $0 $6,547 $6,547 $0
2014 -- $6,612 $6,612 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Glenn Walls

    Glenn Truman Walls III

    (214) 755-3823

    23 Total Sales

    Glenn Walls
    Section Image
  • Butch Fife

    Buyer's Agent in 2021

    Butch Fife

    Butch Fife, REALTORS

    (903) 891-3066

    38 Total Sales

    Butch Fife
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14558327

North Texas Real Estate Information Systems (NTREIS)

APN: 121955

Texas Grayson County Sherman 75090

121955 Smith Oak Rd, Sherman, TX

Not Listed for Sale

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