$2,690,000
SOLD JUL 15, 2025
Last list price

159 Speedway Rd Bells, TX 75414

6 Beds
5 Baths
4,040 Sq Ft
101.9 Acres

Recently Sold

$666 Per Sq Ft

50 Days on Market

Highlights

  • 101.9 Acre Lot
  • Pond
  • Outdoor Living Area
  • Bells Elementary School Rated A-
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of July 2025

OWNER FINANCING AVAILABLE. Breathtaking views from one of the highest points in Grayson County! There is NO flood zone on the property. There are 2 houses on this property; details below. This exceptional property is perfect for weekend retreats, your future dream home, or an incredible investment opportunity. With stunning evening sunsets, a small lake for fishing and paddle boating, and multiple producing pecan and fruit trees, this property offers both beauty and functionality.
The main house (2500 Sqft) features 4 bedrooms, 3 full bathrooms, a game room, a formal dining area, and a recently remodeled kitchen—ideal for comfortable living or entertaining. Additionally, there’s a guest house (1500 Sqft) with 2 bedrooms, 2 full bathrooms, a spacious living room, and a large kitchen with ample storage and counter space. (The property is currently rented).
For ranch enthusiasts or agricultural use, the property includes:
• A large metal barn-workshop for storing equipment or ATVs
• A cow barn, catch pen, and loading chute
• Cross-fencing for livestock management
• A storage shed for added convenience
Location Highlights
• Opposite Grayson County Speedway and adjacent to Willowood Ranch & Chapel (300+ acres).
• Just a 15-minute drive to Sherman, TX, home to $29 billion investment from Texas Instruments and $5 billion from GlobalWafers
Potential Uses
This versatile property offers endless possibilities:
• Ranch or horse property
• Residential subdivision (utilities available to serve up to 70 lots)
• RV park or Airbnb vacation rental opportunities
• Event venue for weddings or retreats

Last Agent to Sell the Property

Michael Greiner

My Castle Realty Brokerage Phone: 713-683-0054 License #0588268 Listed on: 04/09/2025

Last Buyer's Agent

Rhonda Salicos

Easy Life Realty License #0641403

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 101.9 Acre Lot
  • Property fronts a private road
  • Cross Fenced
  • Barbed Wire
  • Aluminum or Metal Fence
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • 4,040 Sq Ft Home
  • Ranch Style House
  • Southwestern Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Stucco

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Stone
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Pond
  • Outdoor Living Area
  • Outdoor Storage

Schools

  • Bells Elementary School
  • Bells High School

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Aerobic Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 126307

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Vir Palande
  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Ranch, Southwestern, Detached, Farmhouse
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 713-683-0054
  • Co List Office Mls Id: MYCA01
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:126307
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Square Footage: 4040.0
  • Interior Amenities: High Speed Internet, Smart Home, Cable TV
  • Flooring: Ceramic Tile, Laminate, Stone, Vinyl
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 6

Exterior Features

  • Fencing: Barbed Wire, Cross Fenced, Metal
  • Construction Materials: Brick, Stucco
  • Exterior Features: Outdoor Living Area, Storage
  • Pool Features: None
  • Waterfront: No
  • RoadFrontageType: Private Road

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Open
  • OpenParkingYN: Yes
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Aerobic Septic
  • Heating: Central, Space Heater
  • Utilities: Electricity Available, Septic Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Bells
  • High School: Bells
  • Junior High Dist: Bells ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Acreage, Landscaped, Pond on Lot
  • Lot Size Units: Acres
  • Lot Size Area: 101.896
  • Parcel Number: 126307
  • Lot Size Acres: 101.896
  • Lot Size Sq Ft: 4438589.76

Rental Info

  • PetsAllowed: Pet Restrictions

Building Info

  • Year Built: 1973
  • StoriesTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jul 15, 2025
Sold by
Landhorn Llc
Bought by
Carpenter Joshua
Seller's Agent
Michael Greiner
My Castle Realty
Buyer's Agent
Rhonda Salicos
Easy Life Realty
List Price
$2,690,000
Views
33
Current Estimated Value
$2,461,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.21%
Original Mortgage
$2,200,000
Outstanding Balance
$2,196,304
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$265,150

Purchase Details

Closed on
Dec 14, 2022
Sold by
Mancuso Mary
Bought by
Landhorn Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Darnell Woodrow C and Darnell Claudia N
Bought by
Taylor Zachary D and Taylor Soheila Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,040
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
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 -- Chapin Title Company
Trustee Deed -- --
Vendors Lien -- Chapin Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 Seller Take Back
Previous Owner $347,040 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2025 07/15/25 Sold -- -- --
05/29/2025 05/29/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $2,690,000 0.0% $666 / Sq Ft
01/24/2025 01/24/25 Rented $3,500 0.0% --
01/07/2025 01/07/25 Price Changed $3,500 -22.0% $1 / Sq Ft
12/13/2024 12/13/24 For Rent $4,490 -- --
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 $6,754 $422,569 $21,103 $401,466
2024 $6,754 $424,462 $0 $0
2023 $6,813 $427,579 $17,552 $410,027
2022 $30,587 $1,784,231 $1,250,300 $533,931
2021 $7,778 $411,034 $10,436 $400,598
2020 $7,566 $382,695 $9,417 $373,278
2019 $6,524 $306,332 $9,512 $296,820
2018 $6,219 $292,341 $9,525 $282,816
2017 $4,981 $232,620 $10,205 $222,415
2016 $4,501 $210,208 $7,991 $202,217
2015 $0 $180,841 $8,805 $172,036
2014 -- $182,119 $8,817 $173,302
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20895937

North Texas Real Estate Information Systems (NTREIS)

APN: 126307