$595,000
$154K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

2040 Erwin Rd Poolville, TX 76487

Estimated payment $3,593/month

Total Views 11,285
16.31 Acres
$36,481 Price per Acre
710,464 Sq Ft Lot

About This Lot

Rural Gem with Endless Possibilities in Poolville, Texas
Nestled on 16.31 sprawling acres in the heart of Parker County, this exceptional property offers unmatched versatility and potential. Located near Weatherford, with paved frontage on Erwin Road, it’s the perfect balance of rural charm and convenient access.

Primary Residence:
• 2,569 sqft two-story home featuring 3 bedrooms, 2.5 baths, and stunning views of the surrounding countryside.

Additional Buildings:
• One 30’x40’ metal shop building, with 200amp power, ideal for a business, hobbyist, or storage.
• One manufactured home for potential rental income or multi-generational living.
• An additional 30’x40’ metal building that houses three (3) horse stalls, a secondary pole barn, and two (2) shipping containers

Utilities & Amenities:
• Two water wells, septic system, electric hookups, central heat and ac, and internet availability.
• One propane tank for gas service.

Zoning & Land Use:
With no zoning restrictions, the possibilities are limitless—develop the land, operate a business, or enjoy the space for agricultural pursuits. The acreage is perfect for livestock such as horses, goats, sheep, or cattle.

Development Potential:
The expansive layout is ready for a variety of uses, including Primary residence with yard, shop, and office all in one location, Horse property or hobby farm, or Commercial or mixed-use development.

Pricing Options: For Sale: $595,000; For Lease: $6,000 per month (3-year lease), $5,750 per month (5-year lease), $5,250 per month (10-year lease)

Additional Perks:
• No floodplain
• Situated in one of Texas’s fastest-growing areas

Discover the freedom to shape this extraordinary property to fit your personal or professional needs. Schedule your showing today to unlock the full potential of this rural Texas treasure!

Listing Agent

Kyle Graham

Compass RE Texas, LLC. Brokerage Phone: 214-763-2964 License #0667764 Listed on: 01/06/2025

Compass RE Texas, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,415

Lot Details

  • 16.31 Acre Lot
  • Property fronts a county road
  • Cleared Lot

Home Design

  • Ranch Property

Schools

  • Poolville Elementary School
  • Poolville High School

Utilities

  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number R000046710

Property Details

Property Type

Land

Est. Annual Taxes

$5,415

Lot Details

0

Listing Details

  • OWNERNAME: UP5 SERVICES LLC
  • Property Type: Land
  • Property Sub Type: Ranch
  • Attribution Contact: 214-763-2964
  • Co List Office Mls Id: CMPS01
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • RoadFrontageType: County Road
  • RoadSurfaceType: Concrete

Utilities

  • Sewer: Aerobic Septic
  • Utilities: Septic Available

Schools

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

Lot Info

  • PossibleUse: Agricultural, Development, Ranch, Residential, Recreational
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 16.31
  • Parcel Number: R000046710
  • Lot Size Acres: 16.31
  • Lot Size Sq Ft: 710463.6
  • Zoning Description: None
  • Present Use: Agricultural, Livestock, Mobile Home, Ranch, Recreational, Single Family

Map

Range of Values:

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Average Value
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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

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
2024 $5,415 $400,390 $400,390 --
2023 $5,415 $2,310 $2,310 $0
2022 $40 $231,380 $0 $0
2021 $41 $231,380 $0 $0
2020 $42 $134,500 $0 $0
2019 $46 $134,500 $0 $0
2018 $31 $115,670 $0 $0
2017 $32 $115,140 $0 $0
2016 $32 $97,450 $0 $0
2015 $30 $97,450 $0 $0
2014 $30 $97,450 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Price Changed $595,000 -20.6% --
01/29/2025 01/29/25 For Sale $749,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $500,000 Credit Line Revolving
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20829481

North Texas Real Estate Information Systems (NTREIS)

APN: R000046710