NOT LISTED FOR SALE

1555 Reeves Rd Elbert, TX 76372

Estimated Value: $291,000 - $1,094,235

72.63 Acres
$9,536 Price per Acre
3,163,915 Sq Ft Lot

Sale Details

Date Sold: August 4, 2022

Current estimated payment $4,599 / mo

35 Days on Market

Highlights

  • Horses Allowed On Property
  • 4 Stock Tanks or Ponds
  • Covered Patio or Porch
  • 72.63 Acre Lot
  • Wooded Lot
  • Balcony

About This Lot

As of August 2022

AMAZING TURN-KEY RANCH ON THE BRAZOS RIVER! Recreational paradise with 72 acres & 1,000 ft of frontage on the famous Brazos. Perfect weekend retreat! The amazing home is tucked away for privacy & has been meticulously maintained. Wonderful stone exterior & metal roof! Fantastic hardwood floors, soaring ceilings & open layout! Gourmet kitchen with granite, huge island, coffee bar, custom cabinets, farm house sink. Enjoy cozy fires in your stone fireplace! First floor master boasts huge closets, separate vanities & custom cabinets! WONDERFUL COVERED BALCONY to enjoy the BREATHTAKING hillside & river views! Sunroom too! Solar powered water well with full filtration system and 22 KW BACKUP generator. This ranch has excellent deer and turkey populations. Large mature live oaks surround the house and the bluffs along the river. Property is fenced and cross fenced and has excellent pasture with plenty of water to run cattle. Great opportunity for you to start your own family legacy ranch.

Last Agent to Sell the Property

Julie Bologna

eXp Realty LLC License #0639175 Listed on: 06/16/2022

eXp Realty LLC

Last Buyer's Agent

Billy Shanklin

Shanklin Investments License #0156443

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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Property Details

Property Type

  • Land

Year Built

  • Built in 2010

Lot Details

  • 72.63 Acre Lot
  • Gated Home
  • Cross Fenced
  • Barbed Wire
  • Perimeter Fence
  • Brush Vegetation
  • Cleared Lot
  • Wooded Lot
  • Many Trees

Home Design

  • Ranch Property

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Newcastle Elementary And Middle School
  • Newcastle High School

Farming

  • 4 Stock Tanks or Ponds
  • Agricultural Exemption
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3987
  • Tax Block 200
  • $41 per year unexempt tax

Property Details

Property Type

Land

Year Built

Built in 2010

Lot Details

72.63 Acres

Listing Details

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

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire, Cross Fenced, Gate, Perimeter
  • Exterior Features: Balcony, Covered Patio/Porch, Rain Gutters
  • Number Of Tanks And Ponds: 4

Garage/Parking

  • Cooling System: Central Air, Electric

Utilities

  • Heating: Central, Electric
  • Utilities: Co-op Electric, Electricity Available, Electricity Connected, Propane, Septic, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Streets Installed, Utilities Installed

Schools

  • School District: Newcastle ISD

Lot Info

  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Agricultural, Many Trees, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 72.6335
  • Parcel Number: 3987
  • Lot Size Acres: 72.6335
  • Lot Size Sq Ft: 3163915.2600
  • Assessor Parcel Number 2: 3988, 5217
  • Present Use: Agricultural, Residential, Single Family

Building Info

  • Year Built: 2010

Tax Info

  • Unexempt Taxes: 41
  • TaxBlock: 200

MLS Schools

  • Middle School Name: Newcastle
  • Elementary School Name: Newcastle
  • High School Name: Newcastle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 4, 2022
Sold by
Bought by
Seller's Agent
Julie Bologna
eXp Realty LLC
Buyer's Agent
Billy Shanklin
Shanklin Investments
List Price
$1,250,000
Current Estimated Value
$741,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.57%
Original Mortgage
$940,000
Outstanding Balance
$830,484
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$137,866

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Jenna Hawkins
Trinity Country Real Estate
Buyer's Agent
Julie Bologna
eXp Realty LLC
List Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.69%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- Brazos Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $940,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2022 08/04/22 Sold -- -- --
07/21/2022 07/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,250,000 +47.1% $772 / Sq Ft
02/07/2022 02/07/22 Sold -- -- -- View Prior Sale
01/13/2022 01/13/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $850,000 -- $480 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,370 $372,650 $97,220 $275,430
2024 $59 $347,350 $78,130 $269,220
2023 $4,307 $228,160 $0 $0
2022 $5,383 $231,380 $0 $0
2021 $3,681 $0 $0 $0
2020 $3,432 $186,710 $43,900 $142,810
2019 $3,930 $188,310 $43,900 $144,410
2018 $4,130 $189,460 $36,880 $152,580
2017 $4,280 $195,760 $36,880 $158,880
2016 $4,325 $197,460 $36,880 $160,580
2015 -- $198,950 $36,640 $162,310
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20088503

North Texas Real Estate Information Systems (NTREIS)

APN: 3987

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