NOT LISTED FOR SALE

1525 Bedford Rd Bedford, TX 76021

Estimated Value: $763,426

2.85 Acres
$267,681 Price per Acre
124,233 Sq Ft Lot

Last Sold December 01, 2023

Current estimated payment $4,837/month

164 Days on Market

Highlights

  • 2.85 Acre Lot
  • Shady Brook Elementary School Rated A-
  • Interior Lot

About This Lot

As of December 2023

Great piece of land is situated on a 2.85 Acre wooded site with beautiful mature Oak trees! Great location, surrounded by townhomes with a home owner's association! This piece of land is zoned educational, but you should be able to get it re-zoned residential or commercial. Could be a great proposed multi family site as it is surrounded by residential. Just minutes to Airport Freeway, shopping, Highway, parks, hospitals and more! A wonderful central location minutes from DFW Airport and Downtown Fort Worth! Land is hard to come by and this location can't be beat!

Last Agent to Sell the Property

Michael Hershenberg

Real Broker, LLC Brokerage Phone: 817-329-8850 License #0668097 Listed on: 04/29/2022

Real Broker, LLC

Co-Listed By

Emily Hershenberg

Real Broker, LLC Brokerage Phone: 817-329-8850 License #0695671

Last Buyer's Agent

Rane Pearson

RPRE, LLC License #0694906

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,675

Year Built

  • Built in 1970

Lot Details

  • 2.85 Acre Lot
  • Interior Lot
  • Few Trees
  • Zoning described as Educational

Schools

  • Shadybrook Elementary School
  • Bedford Middle School
  • Bell High School

Utilities

  • Overhead Utilities
  • Phone Available

Community Details

  • W R Survey Abstract 12 Tract 3 & 3D2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03714209
  • $18,210 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$9,675

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Unknown Encumbrance(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: No
  • Attribution Contact: 817-329-8850
  • Special Features: None

Exterior Features

  • Easements: Access, Other
  • Fencing: None
  • Soil Type: Unknown
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, City Sewer, City Water, Concrete, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Zoned

Schools

  • School District: Hurst-Euless-Bedford ISD
  • Junior High School: Bedford

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Few Trees, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 2.8520
  • Parcel Number: 03714209
  • Lot Size Acres: 2.8520
  • Lot Size Sq Ft: 124233.1200
  • Zoning Description: Educational
  • Possible Use: Commercial
  • Present Use: Commercial

Building Info

  • Year Built: 1970
  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 1

Tax Info

  • Unexempt Taxes: 18210
  • Special Taxing Entities: No

MLS Schools

  • Elementary School Name: Shadybrook
  • High School Name: Bell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Nov 30, 2023
Sold by
Clubhouse For Special Needs Inc
Bought by
Mhs Land Development Llc
Seller's Agent
Michael Hershenberg
Real Broker, LLC
Buyer's Agent
Rane Pearson
RPRE, LLC
List Price
$769,500
Views
89
Current Estimated Value
$763,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$402,050
Outstanding Balance
$395,541
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$367,885

Purchase Details

Closed on
Jul 1, 2020
Sold by
Beilview Ministries Inc
Bought by
The Clubhouse For Special Needs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1997
Sold by
Bell View Assembly Of God Inc
Bought by
Bellview Ministries Inc
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
Mhs Land Development Llc -- Capital Title
The Clubhouse For Special Needs Inc -- None Available
Bellview Ministries Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mhs Land Development Llc $402,050
Previous Owner The Clubhouse For Special Needs Inc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold -- -- --
10/10/2022 10/10/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $769,500 0.0% --
09/30/2022 09/30/22 Off Market -- -- --
09/13/2022 09/13/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $769,500 -9.4% --
05/19/2022 05/19/22 For Sale $849,500 0.0% --
05/09/2022 05/09/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $849,500 -- --
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 $9,675 $496,932 $496,932 --
2024 $9,675 $496,932 $496,932 --
2023 $4,805 $496,932 $496,932 $0
2022 $10,854 $496,932 $496,932 $0
2021 $18,679 $792,982 $496,932 $296,050
2020 $18,878 $793,982 $496,932 $297,050
2019 $28,093 $1,156,413 $867,712 $288,701
2018 $0 $1,139,462 $867,712 $271,750
2017 $28,106 $1,161,802 $867,712 $294,090
2016 $25,795 $1,066,271 $867,712 $198,559
2015 -- $1,066,271 $867,712 $198,559
2014 -- $1,066,271 $867,712 $198,559
Source: Public Records

Agents Affiliated with this Home

  • Michael Hershenberg

    Seller's Agent in 2023

    Michael Hershenberg

    Real Broker, LLC

    (817) 657-2470

    4 in this area

    430 Total Sales

    Michael Hershenberg
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Emily Hershenberg

    Real Broker, LLC

  • Rane Pearson

    Buyer's Agent in 2023

    Rane Pearson

    RPRE, LLC

    (806) 470-8979

    1 in this area

    9 Total Sales

    Rane Pearson
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20042438

North Texas Real Estate Information Systems (NTREIS)

APN: 03714209

Texas Tarrant County Bedford 76021

1525 Bedford Rd, Bedford, TX

Not Listed for Sale

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