NOT LISTED FOR SALE

1946 N Fm 51 Decatur, TX 76234

Estimated Value: $555,000 - $743,000

4 Beds
3 Baths
2,870 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 12, 2024

Current estimated payment $4,013/month

169 Days on Market

Highlights

  • Parking available for a boat
  • Horses Allowed On Property
  • Commercial Range
  • Accessory Dwelling Unit (ADU)
  • Oak Trees
  • 3.25 Acre Lot

About This Home

As of January 2024

50K BELOW TAX APPRAISAL~WOW! THIS STUNNING PROPERTY THAT TICKS RESIDENTIAL, INCOME & COMMERCIAL BOXES with NO RESTRICTIONS and 400FT of frontage on FM 51! This immaculate, 3.25-acre property, close to town with complete privacy is a must-see to believe. Entering the driveway a welcoming country home beckons with an oversized wrap-around porch, abundant living & family areas, picturesque views, a HUGE garage apartment & oodles of tasteful updates. Property is blanketed by 100+-year old live oak trees. Spacious great room with vaulted ceilings, oversized stone fireplace & meticulously crafted concrete floors. Kitchen has ledger stone & granite accents atop custom cabinetry & commercial gas range. Primary bedroom suite downstairs has ensuite bath with claw-foot tub. Family room upstairs has kitchenette. Apartment could be a vaca-rental AND a 30x50x12 shop, with electric, RV, Boat parking & more! Perfect for entrepreneurs & even a B&B! SO much more! DO NOT ENTER WITHOUT APPOINTMENT!

Last Agent to Sell the Property

Shari Guess

Buy Wise Real Estate Brokerage Phone: 940-399-3900 License #0562364 Listed on: 06/24/2023

Last Buyer's Agent

Marie Hicks

Cultivate Real Estate License #0660094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 2000

Lot Details

  • 3.25 Acre Lot
  • Barbed Wire
  • Landscaped
  • Brush Vegetation
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Cleared Lot
  • Oak Trees
  • Partially Wooded Lot
  • Many Trees
  • Private Yard
  • Large Grassy Backyard
  • Subdivision Possible

Parking

  • 10 Car Direct Access Garage
  • Enclosed Parking
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway
  • Guest Parking
  • Additional Parking
  • Open Parking
  • Outside Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Plumbed For Gas In Kitchen
  • Commercial Range
  • Indoor Grill
  • Gas Range
  • Commercial Grade Vent
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 700 SF Accessory Dwelling Unit

Schools

  • Carson Elementary School
  • Mccarroll Middle School
  • Decatur High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Municipal Utilities District
  • Property is located within a water district
  • Well
  • Aerobic Septic System
  • Septic Tank
  • High Speed Internet

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number A0557000502
  • $10,009 per year unexempt tax
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,979

Year Built

Built in 2000

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: No Restrictions
  • Accessory Dwelling Type: Guest Quarters
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: Yes
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 700
  • Accessory Unit YN: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 940-399-3900
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Square Footage: 2870.00
  • Windows: Window Coverings
  • Fireplace Features: Living Room, Raised Hearth, Stone, Wood Burning
  • Interior Amenities: Built-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Suite Floorplan
  • Flooring: Carpet, Concrete, Painted/Stained
  • Appliances: Commercial Grade Range, Commercial Grade Vent, Dishwasher, Disposal, Gas Range, Indoor Grill, Plumbed For Gas in Kitchen
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Other Equipment: Call Listing Agent, List Available
  • Room Count: 13

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Barbed Wire
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Construction Materials: Siding, Wood
  • Exterior Features: Covered Patio/Porch, Fire Pit, Rain Gutters, Lighting, Private Yard, RV/Boat Parking, Storage, Other
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 10
  • Total Covered Spaces: 10
  • Parking Features: Garage Single Door, Additional Parking, Boat, Concrete, Covered, Direct Access, Driveway, Enclosed, Garage Faces Front, Guest, Kitchen Level, Open, Outside, Oversized, Parking Pad, RV Access/Parking, See Remarks, Storage
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: Aerobic Septic, Co-op Electric, Concrete, Electricity Connected, Outside City Limits, Rural Water District, Septic, Sidewalk, Well

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Decatur ISD
  • Elementary School: Carson

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Brush, Hilly, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Oak, Other, Park View, Rolling Slope
  • Lot Size Units: Acres
  • Lot Size Area: 3.2500
  • Parcel Number: A0557000502
  • Lot Size Acres: 3.2500
  • Lot Size Sq Ft: 141570.0000
  • Assessor Parcel Number 2: A0557000509

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2000

Tax Info

  • Unexempt Taxes: 10009
  • Special Taxing Entities: Yes

MLS Schools

  • Middle School Name: Mccarroll
  • Elementary School Name: Carson
  • High School Name: Decatur

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2023
Closed on
Jan 12, 2024
Sold by
Sartain Colton and Sartain Robby
Bought by
Rodney And Laurie Chowning Living Trust and Chowning
Seller's Agent
Shari Guess
Buy Wise Real Estate
Buyer's Agent
Marie Hicks
Cultivate Real Estate
List Price
$756,000
Views
257
Current Estimated Value
$649,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.84%
Original Mortgage
$540,000
Outstanding Balance
$530,692
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$119,178

Purchase Details

Closed on
Dec 13, 2018
Sold by
Eldridge Sherry and Eldridge Robert
Bought by
Sartain Colten and Sartain Robby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,777
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2006
Sold by
Gyger Mark and Gyger Kathy
Bought by
Eldridge Sherry and Eldridge Robert

Purchase Details

Closed on
Aug 28, 2000
Sold by
Gyger Mark and Eldridge Kathy *
Bought by
Eldridge Robert and Eldridge Sherry

Purchase Details

Closed on
Feb 4, 1998
Bought by
Eldridge Robert and Eldridge Sherry

Purchase Details

Closed on
Jan 31, 1997
Bought by
Eldridge Robert and Eldridge Sherry

Purchase Details

Closed on
Aug 23, 1996
Bought by
Eldridge Robert and Eldridge Sherry

Purchase Details

Closed on
Jan 31, 1996
Bought by
Eldridge Robert and Eldridge Sherry

Purchase Details

Closed on
Jan 1, 1901
Bought by
Eldridge Robert and Eldridge Sherry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodney And Laurie Chowning Living Trust -- Alamo Title
Sartain Colten -- Guardian Title Co
Eldridge Sherry -- None Available
Eldridge Robert -- --
Eldridge Robert -- --
Eldridge Robert -- --
Eldridge Robert -- --
Eldridge Robert -- --
Eldridge Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodney And Laurie Chowning Living Trust $540,000
Previous Owner Sartain Colten $277,777
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold -- -- --
12/10/2023 12/10/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $699,000 -2.9% $244 / Sq Ft
07/26/2023 07/26/23 Price Changed $720,000 -4.8% $251 / Sq Ft
06/24/2023 06/24/23 For Sale $756,000 -- $263 / 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 $6,979 $675,000 $148,728 $526,272
2024 $6,979 $675,000 $148,728 $526,272
2023 $4,118 $340,882 $0 $0
2022 $10,009 $652,250 $132,830 $519,420
2021 $9,033 $563,450 $132,180 $431,270
2020 $5,621 $348,420 $95,460 $252,960
2019 $5,854 $340,670 $95,460 $245,210
2018 $5,957 $335,590 $93,420 $242,170
2017 $4,997 $281,500 $54,840 $226,660
2016 $4,437 $249,350 $48,740 $200,610
2015 -- $241,980 $42,240 $199,740
2014 -- $233,260 $38,180 $195,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20364547

North Texas Real Estate Information Systems (NTREIS)

APN: A0557000502