NOT LISTED FOR SALE

17962 Fm 986 Terrell, TX 75160

Estimated Value: $399,000 - $823,000

3 Beds
2.5 Baths
2,291 Sq Ft
$267/Sq Ft Est. Value

Last Sold March 24, 2022

Current estimated payment $3,841/month

83 Days on Market

Highlights

  • Barn or Stable
  • Modern Farmhouse Architecture
  • 1 Stock Tank or Pond
  • 26 Acre Lot
  • Deck
  • Covered Patio or Porch

About This Home

As of March 2022

Bring your horses to this peaceful 26 acre ranch only 38 miles from downtown Dallas!Meandering driveway passes through the electric gate and down to the 2291 sf Cape Cod style home with 4 stall barn and hay storage,workshop,3 pastures,and shared pond near the back property line.In addition to the 2 car garage,there is covered parking to fit an RV, boat,and farm equipment.Stained concrete floors flow throughout all main living areas and master bedroom.Kitchen and all bathrooms have all been recently updated.Big beautiful Anderson Renewal windows frame the gorgeous views.Nearly $40k in upgraded windows and doors!Water heater was recently replaced.Wooden deck is the perfect spot to watch nature's beauty.

Last Agent to Sell the Property

Melodie Watts

EXP REALTY License #0602107 Listed on: 12/08/2021

EXP REALTY

Last Buyer's Agent

Lindsay Mitchell

Monument Realty License #0643725

Monument Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,013

Year Built

  • Built in 1999

Lot Details

  • 26 Acre Lot
  • Lot Dimensions are 392x2717x514x2722
  • Gated Home
  • Vinyl Fence
  • Barbed Wire

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Modern Farmhouse Architecture
  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,291 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector

Kitchen

  • Built-In Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Farming

  • 1 Barn
  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 25 Acres of Pasture
  • 1 Residence
  • Loafing Shed
  • Agricultural
  • Holding Pens
  • Fenced For Horses

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Propane
  • Co-Op Water
  • Gas Water Heater
  • Septic Tank
  • Sewer Not Available

Additional Features

  • Energy-Efficient Appliances
  • Barn or Stable

Listing and Financial Details

  • Assessor Parcel Number 12351
  • $5,722 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,013

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Modern Farmhouse, Ranch, Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Easement(s)
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: Yes
  • Ratio Current Price By Building: 353.55740
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Square Footage: 2291.00
  • Fireplace Features: Brick, Gas Starter, Wood Burning
  • Interior Amenities: Other
  • Flooring: Carpet, Ceramic Tile, Concrete, Laminate
  • Appliances: Built-in Gas Range, Dishwasher, Refrigerator, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: Electric, Other, Utilities
  • Pool: No
  • Foundation: Slab
  • Fencing: Barbed Wire, Gate, Vinyl
  • Pasture Acres: 25.00
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Stable/Barn, Storage
  • Number Of Tanks And Ponds: 1
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck, Patio
  • RoadFrontageType: FM Road

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 3
  • Total Covered Spaces: 5
  • Parking Features: Carport, Garage Door Opener, Garage, Garage Faces Side
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Propane
  • Utilities: Asphalt, Co-op Water, Electricity Available, Septic, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Terrell ISD
  • Elementary School: Wood
  • Middle School: Furlough
  • High School: Terrell
  • School District: Terrell ISD
  • Elementary School: Wood
  • High School: Terrell

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural
  • Lot Size Units: Acres
  • Lot Size Area: 26.0000
  • Lot Size: 392x2717x514x2722
  • Parcel Number: 12351
  • Lot Size Acres: 26.0000
  • Lot Size Sq Ft: 1132560.0000
  • Assessor Parcel Number 2: 55075, 56668
  • Present Use: Agricultural, Crops and Livestock, Grazing, Horses, Single Family

Green Features

  • Efficiency: Appliances, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1999

Multi Family

  • Number Of Residences: 1

Tax Info

  • Unexempt Taxes: 5722

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Mar 23, 2022
Sold by
Underwood John D and Underwood Deborah D
Bought by
Jones William W and Jones Deanna L
Seller's Agent
Melodie Watts
EXP REALTY
Buyer's Agent
Lindsay Mitchell
Monument Realty
List Price
$799,000
Current Estimated Value
$611,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.43%
Original Mortgage
$350,000
Outstanding Balance
$329,012
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$282,318
Source: Public Records

Range of Values:

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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
Jones William W -- Ranger Title
Jones William W -- Ranger Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones William W $350,000
Closed Jones William W $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold -- -- --
03/01/2022 03/01/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $799,000 -- $349 / Sq Ft
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 $7,013 $431,534 $19,599 $411,935
2024 $7,013 $447,931 $19,599 $428,332
2023 $7,654 $452,706 $25,750 $426,956
2022 $6,021 $309,493 $0 $0
2021 $5,894 $320,621 $14,022 $306,599
2020 $5,358 $302,550 $11,570 $290,980
2019 $5,643 $268,080 $11,570 $256,510
2018 $5,130 $224,750 $8,930 $215,820
2017 $4,658 $199,100 $8,930 $190,170
2016 $4,235 $174,700 $8,930 $165,770
2015 $3,672 $172,850 $8,930 $163,920
2014 $3,672 $174,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melodie Watts

    Seller's Agent in 2022

    Melodie Watts

    EXP REALTY

    (214) 402-4980

    1 in this area

    35 Total Sales

    Melodie Watts
    Section Image

  • L

    Buyer's Agent in 2022

    Lindsay Mitchell

    Monument Realty

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14721026

North Texas Real Estate Information Systems (NTREIS)

APN: 12351

Texas Kaufman County Terrell 75160

17962 Fm 986, Terrell, TX

This home is located at 17962 Fm 986, Terrell, TX 75160 since 08 December 2021 and is currently estimated at $611,330, approximately $266 per square foot. This property was built in 1999. 17962 Fm 986 is a home located in Kaufman County with nearby schools including Dr Bruce Wood Elementary School, Herman Furlough Jr Middle School, and Terrell High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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