$3,297,030
$200K PRICE DROP

1438 County Road 438 Thorndale, TX 76577

Estimated payment $18,410/month

Total Views 11,610
200 Acres
$16,500 Price per Acre
8,704,160 Sq Ft Lot

Highlights

  • Barn
  • 199.82 Acre Lot
  • Creek or Stream View
  • Horses Allowed On Property

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 Honeycutt

Longhorn Realty, LLC Brokerage Phone: 512-289-2121 License #0546883 Listed on: 07/14/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,989

Lot Details

  • 199.82 Acre Lot
  • Property fronts a county road
  • Possible uses of the property include Agricultural, Farm, Hunting, Row Crops, Residential, Recreational

Schools

  • Thorndale Elementary School
  • Thorndale Middle School
  • Thorndale High School

Utilities

  • Septic Tank
  • Phone Available

Additional Features

  • Creek or Stream Views
  • Residence on Property
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number R16694

Property Details

Property Type

Land

Est. Annual Taxes

$1,989

Lot Details

0

Listing Details

  • Directions: From Hwy 79, coming from Taylor, drive through Thrall and turn left on CR 427, left on CR 426, right on CR 425. CR 425 turns in to CR 438 once you enter Milam County. Property is on the right.
  • Horses: Yes
  • Lot Size Acres: 199.82
  • Property Sub Type: Acreage
  • Property Sub Type Additional: Acreage
  • Prop. Type: Farm
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Water Body Name: Creek-Seasonal,Pond/Stock Tank
  • Attribution Contact: 512-289-2121
  • Special Features: None

Interior Features

  • Appliances: Other, See Remarks
  • Interior Amenities: Other, See Remarks
  • Possible Use: Agricultural, Farm, Hunting, Row Crops, Residential, Recreational

Exterior Features

  • Disclosures: Agricultural Exemption
  • Fencing: None
  • Lot Features: Level, Outside City Limits, Views, Acreage
  • Other Structures: Residence, Barn(s)
  • Pool Features: None
  • Property Condition: Resale
  • View: Pond, Creek/Stream, Seasonal View
  • View: Yes
  • Waterfront: No

Utilities

  • Laundry Features: Other, See Remarks
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Hunting

Schools

  • Elementary School: Thorndale Elementary School
  • High School: Thorndale High School
  • Junior High Dist: Thorndale ISD
  • Middle Or Junior School: Thorndale Middle School

Lot Info

  • Parcel #: R16694
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 1989.0
  • Tax Year: 2022

Map

Range of Values:

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Average Value
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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
Source: Central Texas MLS (CTXMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $102,742 Unknown
Closed $102,742 Stand Alone Second
Source: Public Records

Similar Property in Thorndale, TX

  • 1438 County Road 438, Thorndale, TX 76577

    $3,297,030

    • Land
    • 200 Acres
    • $16,500 per Acre
    • 1438 County Road 438
    • Thorndale, TX

    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

    Don ALC Longhorn Realty

    Section Image

Source: Central Texas MLS (CTXMLS)

MLS Number: 551059

Central Texas MLS (CTXMLS)

APN: R16694