$480,000
SOLD MAR 17, 2025
Last list price

12588 Flow Rd Krum, TX 76249

6.84 Acres
$70,134 Price per Acre
298,125 Sq Ft Lot

Recently Sold

63 Days on Market

Highlights

  • Airport or Runway
  • 6.84 Acre Lot
  • Gated Home
  • Airstrip
  • 6 Acres of Pasture
  • Large Grassy Backyard

About This Lot

As of March 2025

Approximately 6.84 acres on Flow Road adjacent to Bird Dog Field airstrip and Aero Village, an exclusive airpark community. Commercial or residential opportunity in growing Krum ISD. No known restrictions on the property. Bolivar Water with meter set and septic onsite, no well required. Airstrips border the property to the west and north with Aero Village residential planned development to the east. Structure on property is not safe to enter, no value given to structure. Access will be provided once the property is under contract and at the buyer's own risk. Property is currently divided into 2 parcels and had previous hay production. No survey available. Buyer will need to purchase a survey.

Last Agent to Sell the Property

Terri McCutcheon

Talley and Company, LTD Brokerage Phone: 972-978-7477 License #0643865 Listed on: 11/11/2024

Last Buyer's Agent

Terri McCutcheon

Talley and Company, LTD Brokerage Phone: 972-978-7477 License #0643865 Listed on: 11/11/2024

Property Details

Property Type

  • Land

Lot Details

  • 6.84 Acre Lot
  • Gated Home
  • Barbed Wire
  • Large Grassy Backyard
  • 2 Lots in the community

Schools

  • Krum Elementary And Middle School
  • Dodd Middle School
  • Krum High School

Farming

  • 6 Acres of Pasture

Utilities

  • Co-Op Water
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number R97921
  • $3,493 per year unexempt tax

Community Details

Recreation

  • Airstrip

Additional Features

  • Roebuck Subdivision
  • Airport or Runway

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 972-978-7477
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Community Features: Airport/Runway
  • Fencing: Barbed Wire, Gate
  • Pasture Acres: 5.84
  • Soil Type: Unknown
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, Co-op Water, Electricity Available, Electricity Connected, Individual Water Meter, Private Sewer

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Krum ISD
  • Elementary School: Krum
  • Primary School: Krum
  • Intermediate School: Dodd

Lot Info

  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Airstrip, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 6.8440
  • Parcel Number: R97921
  • Lot Size Acres: 6.8440
  • Lot Size Sq Ft: 298124.6400
  • Assessor Parcel Number 2: R77687
  • Possible Use: Development, Industrial, Investment, Mixed Use, Residential, Warehouse, See Remarks
  • Present Use: Residential, Single Family

Multi Family

  • Number Of Lots: 2

Tax Info

  • Unexempt Taxes: 3493

MLS Schools

  • Middle School Name: Krum
  • High School Name: Krum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Apr 17, 2025
Sold by
Aero Village Land Llc
Bought by
5 Lane Ranch Llc
Seller's Agent
Terri McCutcheon
Talley and Company, LTD
Buyer's Agent
Terri McCutcheon
Talley and Company, LTD
List Price
$480,000
Views
21
Current Estimated Value
$374,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.30%
Original Mortgage
$891,500
Outstanding Balance
$527,191
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$152,884
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $891,500 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold -- -- --
01/14/2025 01/14/25 Pending -- -- --
11/11/2024 11/11/24 For Sale $480,000 -- --
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 $3,493 $220,000 $220,000 --
2024 $3,493 $246,383 $246,383 $0
2023 $3,503 $246,383 $246,383 $0
2022 $1,846 $112,880 $112,880 $0
2021 $1,251 $79,661 $79,661 $0
2020 $1,288 $79,661 $79,661 $0
2019 $1,406 $79,661 $79,661 $0
2018 $1,098 $61,745 $61,745 $0
2017 $1,104 $61,745 $61,745 $0
2016 $1,104 $61,745 $61,745 $0
2015 -- $71,972 $71,972 $0
2013 -- $45,674 $45,674 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri McCutcheon

    Seller's Agent in 2025

    Terri McCutcheon

    Talley and Company, LTD

    (972) 382-8882

    1 in this area

    45 Total Sales

    Terri McCutcheon
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20771220

North Texas Real Estate Information Systems (NTREIS)

APN: R97921

Texas Denton County Krum 76249

12588 Flow Rd, Krum, TX

Sold

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes