NOT LISTED FOR SALE

16217 Fm 986 Terrell, TX 75160

Estimated Value: $229,343 - $257,000

3 Beds
2 Baths
1,008 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2025

Current estimated payment $1,585 / mo

106 Days on Market

Highlights

  • Barn or Stable
  • Covered Deck
  • Covered Patio or Porch
  • 0.86 Acre Lot
  • Private Yard
  • Pasture

About This Home

As of March 2025

Come and kick your boots off on the front porch of this Poetry, Texas Gem! Nestled under a canopy of mature trees, this move-in ready ranchette offers everything you need for peaceful rural living with modern comforts. Charming three bedroom two bath 50’s farm style cottage home has undergone extensive renovations in recent years including replacement of roof, HVAC, windows, flooring, and exterior siding, remodeled primary bath, fresh paint inside, and more! At just under an acre, this property is ideal for horse enthusiasts providing ample space for grazing in spacious fully-fenced shaded paddock with large run-in shed for shelter from the elements. Morning coffee can be enjoyed with scenic views from covered back patio or oversized front porch. Large parking area behind house with carport. Whether you’re seeking a weekend getaway or a full-time residence, this delightful property combines the best of country life with proximity to local amenities. Just minutes from the restaurants, shopping, and entertainment of downtown Terrell, this property is also conveniently located for quick drive to local schools, the Jamie Foxx Performing Arts Center, Terrell ISD ExCEL Sports Complex, and local feed store (Poetry Tack & Ag). Easy access to Highway 80 and Interstate 20 for commuting east or west. Experience the unique blend of tranquility and convenience that this Poetry jewel has to offer!

Last Agent to Sell the Property

Summer Rhone

Ebby Halliday, REALTORS Brokerage Phone: 972-771-8163 License #0641157 Listed on: 11/04/2024

Ebby Halliday, REALTORS

Co-Listed By

Shawn McLaughlin

Ebby Halliday, REALTORS Brokerage Phone: 972-771-8163 License #0635049

Last Buyer's Agent

Janet Richburg

Ebby Halliday, REALTORS License #0745284

Ebby Halliday, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 37,462 Sq Ft Lot
  • Few Trees
  • Private Yard

Home Design

  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Parking

  • 2 Carport Spaces
  • Driveway

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wood Elementary School
  • Furlough Middle School
  • Wood Middle School
  • Terrell High School

Farming

  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Wm Smith Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12481
  • Tax Block 505
  • $1,485 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.86 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Accessory Unit YN: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 972-771-8163
  • Special Features: None

Interior Features

  • Square Footage: 1008.00
  • Interior Amenities: Decorative Lighting
  • Appliances: Electric Range, Electric Water Heater
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Roof: Composition
  • Exterior Features: Covered Deck, Covered Patio/Porch, Rain Gutters, Private Yard, Stable/Barn
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Carport, Driveway
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Water, Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Terrell ISD
  • Elementary School: Wood
  • Intermediate School: Wood

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 0.8600
  • Parcel Number: 12481
  • Lot Size Acres: 0.8600
  • Lot Size Sq Ft: 37461.6000
  • Assessor Parcel Number 2: 215786

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1976
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 1485
  • TaxBlock: 505

MLS Schools

  • Middle School Name: Furlough
  • Elementary School Name: Wood
  • High School Name: Terrell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Mar 13, 2025
Sold by
Fortado Michael D
Bought by
Lopez Benjamin Padilla and Gonzalez Nydia E
Seller's Agent
Summer Rhone
Ebby Halliday, REALTORS
Buyer's Agent
Janet Richburg
Ebby Halliday, REALTORS
List Price
$265,000
Views
191
Current Estimated Value
$247,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.73%
Original Mortgage
$199,920
Outstanding Balance
$198,913
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$48,923

Purchase Details

Closed on
Feb 28, 2019
Sold by
Scarborough Don
Bought by
Fortado Michael D

Purchase Details

Closed on
Apr 15, 2005
Sold by
Cheney Thomas W and Cheney Cecelia
Bought by
Hathcock Laron and Hathcock Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Lopez Benjamin Padilla -- None Listed On Document
Lopez Benjamin Padilla -- None Listed On Document
Fortado Michael D $10,000 None Available
Fortado Michael D $10,000 None Available
Hathcock Laron -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Benjamin Padilla $199,920
Closed Lopez Benjamin Padilla $199,920
Previous Owner Hathcock Laron $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold -- -- --
02/19/2025 02/19/25 Pending -- -- --
12/03/2024 12/03/24 Price Changed $249,900 -5.7% $248 / Sq Ft
11/04/2024 11/04/24 For Sale $265,000 -- $263 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $3,254 $184,952 $62,220 $122,732
2024 $552 $87,846 -- --
2023 $497 $79,860 $0 $0
2022 $1,412 $72,600 $0 $0
2021 $1,383 $93,600 $31,875 $61,725
2020 $1,257 $60,000 $15,470 $44,530
2019 $1,285 $52,950 $15,470 $37,480
2018 $1,173 $48,320 $15,470 $32,850
2017 $1,104 $45,560 $14,380 $31,180
2016 $998 $41,180 $14,380 $26,800
2015 $969 $42,570 $14,380 $28,190
2014 $969 $43,460 $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: 20770083

North Texas Real Estate Information Systems (NTREIS)

APN: 12481

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