$3,297,030

1438 County Road 438 Thorndale, TX 76577

Estimated payment $18,511/month

Total Views 11,655
200 Acres
$16,500 Price per Acre
8,704,160 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 1 Stock Tank or Pond
  • Level Lot
  • Pond

About This Lot

This 199.82-acre AG EXEMPT, UNRESTRICTED cropland in Thorndale, Milam County, offers a prime opportunity to capitalize on the rapid technology-driven growth between Taylor and Rockdale. About 20 minutes from the new Samsung site and ideally located just 6 miles from US 79 near Thrall and 16 miles from the US 79 & Hwy 95 intersection in Taylor, the property provides excellent accessibility. With dual gravel road frontage on CR 438 and CR 462, it offers multiple entry points and potential for future development. The seller may consider subdividing into 50+ acre tracts, making it a versatile investment for farming, ranching, or future expansion.

An 8 waterline from SMWSC runs along CR 438. The land features primarily Branyon clay soil and is level to gently sloping. The west boundary includes a wet weather creek, a stock pond, and all the tree cover on the property. Public water, phone lines, and electrical service are available along CR 438, with additional phone lines along CR 462.

Currently, the property is leased for farming, consisting of 144 acres of cropland and 18 acres of coastal hay. A 1,600 SF home on the property, managed by a property management company, is rented for $1,100 per month. Both the farm and residential leases will convey to the buyer. The home is supplied by a water well, and there is a second, possibly hand-dug well near CR 438.

Located in Thorndale ISD. Buyer to verify all details, including usage, zoning, restrictions, and utilities.

Listing Agent

Don ALC

Longhorn Realty License #8999914 Listed on: 07/28/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,201

Lot Details

  • Property fronts a county road
  • Level Lot
  • Few Trees
  • Current uses include agriculture, hunting/fishing, residential single
  • Potential uses include agriculture, commercial, equine, grazing, hunting/fishing, residential single, for development
  • Soil Types include Black

Outdoor Features

  • Pond
  • Wildlife includes whitetail deer, turkeys, doves

Utilities

  • Overhead Utilities
  • Private Water Source
  • 1 Water Well
  • Septic Tank

Additional Features

  • Easements include utilities
  • 1 Stock Tank or Pond
  • Horses Allowed On Property

Property Details

Property Type

Land

Est. Annual Taxes

$3,201

Lot Details

0

Listing Details

  • Office Phone: 737-283-2834
  • Listing Website: https://www.land.com/property/1438-county-road-438-thorndale-texas-76577/21055199/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, Equine, Grazing, Hunting/Fishing, Residential Single, For Development
  • Number of Stock Tanks: 1
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True
  • Road Description: County, Gravel/Rock
  • Fencing: None
  • Wildlife: Whitetail Deer, Turkey, Dove

Lot Info

  • Current Use: Agriculture, Hunting/Fishing, Residential Single
  • Lot Description: Acreage, Horses Permitted, Partially Cultivated, Some Trees, Tank/Pond, Level, Sloped
  • Easements: Utilities
  • Soil Type: Black

Multi Family

  • Utilities Available: Overhead Utilities, Private Water Co., Septic, Well

Map

Range of Values:

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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

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 $3,201 $1,623,180 $1,518,630 $104,550
2023 $2,242 $163,570 $0 $0
2022 $1,989 $123,970 $0 $0
2021 $2,060 $0 $0 $0
2020 $2,368 $0 $0 $0
2019 $2,592 $0 $0 $0
2018 $2,335 $0 $0 $0
2017 $2,239 $0 $0 $0
2016 $2,268 $0 $0 $0
2015 -- $626,900 $599,460 $27,440
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Price Changed $3,297,030 -5.7% $2,040 / Sq Ft
07/17/2024 07/17/24 For Sale $3,496,850 -- $2,164 / Sq Ft

Mortgage History

Date Status Loan Amount Loan Type
Closed $102,742 Unknown
Closed $102,742 Stand Alone Second
Source: Public Records
Texas Milam County Thorndale 76577

1438 County Road 438, Thorndale, TX

This home is located at 1438 County Road 438, Thorndale, TX 76577 and is currently priced at $3,297,030. 1438 County Road 438 is a home located in Milam County with nearby schools including Thorndale Elementary School, Thorndale Middle School, and Thorndale High School.

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.

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Listing Agent
Don ALC
Section Image
Longhorn Realty
(737) 283-2834