NOT LISTED FOR SALE

1617 County Road 151 Gainesville, TX 76240

Estimated Value: $982,490

49.69 Acres
$19,772 Price per Acre
2,164,496 Sq Ft Lot

Last Sold July 13, 2023

Current estimated payment $5,186/month

About This Lot

As of July 2023

Beautiful Ag exempted 49.69 Acres of pasture land just outside Gainesville city with about 50% of it is set up as pecan orchard. 450 newly planted grafted varieties of pecans consist of Pawnee, Kanza & Lakota which are 1 - 3 year old. Some of them already produced pecans. Fully drip irrigated (micro-sprinkler ready). There are about 20 Pecan trees which are 50-100 year old which are producing. Pasture produces around 200 bales per cutting. Marking of .boundaries in the pictures are approximate. Serious buyers only.

Last Agent to Sell the Property

Joe Peterson

eXp Realty License #0501647 Listed on: 06/27/2023

eXp Realty

Last Buyer's Agent

Priyanka Kumar

EXP Realty License #0648136

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $161

Lot Details

  • 49.69 Acre Lot
  • Few Trees
  • Zoning described as Agricultural

Home Design

  • Ranch Property

Schools

  • Chalmers Elementary School
  • Gainesvill Middle School
  • Lee Middle School
  • Gainesvill High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • Bailey Acc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160044
  • $169 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$161

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Agricultural
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: (214) 725-5961
  • Special Features: None

Exterior Features

  • Easements: Other

Utilities

  • Utilities: Other, See Remarks

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Gainesville ISD
  • Elementary School: Chalmers
  • Intermediate School: Lee
  • Junior High School: Gainesvill

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 49.6900
  • Parcel Number: 160044
  • Lot Size Acres: 49.6900
  • Lot Size Sq Ft: 2164496.4000
  • Zoning Description: Agricultural

Tax Info

  • Unexempt Taxes: 169

MLS Schools

  • Elementary School Name: Chalmers
  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Dagr-1031 Llc
Bought by
Graad Ventures Llc
Current Estimated Value
$982,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$967,459
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Gibbs Loyd and Gibbs Loyd
Bought by
Gigi Paul Bobby and Gigi Paul
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
Graad Ventures Llc -- None Listed On Document
Gigi Paul Bobby -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graad Ventures Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold -- -- --
06/27/2023 06/27/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $1,250,000 -- --
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 $161 $8,334 $4,794 $3,540
2024 $161 $11,848 $8,308 $3,540
2023 $127 $9,189 $9,189 $0
2022 $145 $9,338 $0 $0
2021 $175 $0 $0 $0
2020 $182 $0 $0 $0
2019 $161 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Peterson

    Seller's Agent in 2023

    Joe Peterson

    eXp Realty

    (214) 444-7870

    190 Total Sales

    Joe Peterson
    Section Image

  • P

    Buyer's Agent in 2023

    Priyanka Kumar

    EXP Realty

    (214) 606-3411

    49 Total Sales

    Priyanka Kumar
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20367179

North Texas Real Estate Information Systems (NTREIS)

APN: 160044

Texas Cooke County Gainesville 76240

1617 County Road 151, Gainesville, TX

Not Listed for Sale

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