NOT LISTED FOR SALE

2191 Bethany Rd Sherman, TX 75090

Estimated Value: $628,313

10.13 Acres
$62,037 Price per Acre
441,176 Sq Ft Lot

Last Sold October 31, 2023

Current estimated payment $3,773/month

10 Days on Market

Highlights

  • 10.13 Acre Lot
  • Agricultural Exemption
  • 1 Barn

About This Lot

As of October 2023

$200,000 IS THE OPENING BID FOR THIS PROPERTY SELLING IN A LIVE AUCTION WITH RESERVE ON SATURDAY, AUGUST 5, 2023 AT 3PM. The property is 10.18 acres, features a 2 story, all-metal, barndominium style home with the construction just completed earlier this year. It has 2400' of living area with 2 bedrooms, 2 baths, 1800' is on the ground level with a 600' loft. It also has a 50'x60' workshop with a bathroom and storage, plus a 60'x20' covered corral. Lush fenced pasture with a stock pond and a Pad Site with utilities for RV hookup or 2nd Home. Property sells AS IS with no contingencies related to Buyer's ability to attain Funding. Post Sale Inspections or Appraisals do not alter the outcome of the Auction and NO Option Period. 10 percent Buyer's Premium is added to the High Bid at Auction, constituting the Total Contract Price. BP is paid the day of the Auction by Cash or a Check is acceptable with Proof of Funds. Balance due on Thursday, September 14, 2023 at Doster Law Group in Denton.

Last Agent to Sell the Property

Tony Langdon

David Elkins Real Estate Brokerage Phone: 817-304-2800 License #0488403 Listed on: 07/27/2023

Last Buyer's Agent

Tony Langdon

David Elkins Real Estate Brokerage Phone: 817-304-2800 License #0488403 Listed on: 07/27/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,462

Lot Details

  • 10.13 Acre Lot
  • Zoning described as In Grayson County, Ag Exempt

Home Design

  • Ranch Property

Schools

  • Jefferson Elementary School
  • Piner Middle School
  • Sherman High School

Farming

  • 1 Barn
  • Agricultural Exemption
  • Agricultural

Utilities

  • Co-Op Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 231180

Property Details

Property Type

Land

Est. Annual Taxes

$5,462

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Barns Count: 1
  • Attribution Contact: 817-304-2800
  • Special Features: None

Exterior Features

  • Easements: Utilities

Utilities

  • Utilities: Co-op Water, Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Utilities Installed

Schools

  • School District: Sherman ISD
  • Elementary School: Jefferson

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural
  • Lot Size Units: Acres
  • Lot Size Area: 10.1280
  • Parcel Number: 231180
  • Lot Size Acres: 10.1280
  • Lot Size Sq Ft: 441175.6800
  • Zoning Description: In Grayson County, Ag Exempt
  • Present Use: Agricultural, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Recreational, Residential

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Jefferson
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 13, 2023
Sold by
Gboh Inc
Bought by
Sherman Bethany 10 Llc
Seller's Agent
Tony Langdon
David Elkins Real Estate
Buyer's Agent
Tony Langdon
David Elkins Real Estate
List Price
$200,000
Views
70
Current Estimated Value
$628,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Rockin Tg Ranch Llc
Bought by
Gboh Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2018
Sold by
Walvoord Clayton and Walvoord Megan
Bought by
Munal Harold Deane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
4.5%

Purchase Details

Closed on
Mar 10, 2016
Sold by
Rcm Enterprises Llc
Bought by
Walvoord Clayton and Walvoord Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Sherman Bethany 10 Llc -- None Listed On Document
Gboh Inc -- Simplified Title
Munal Harold Deane -- None Available
Walvoord Clayton -- Red River Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gboh Inc $420,000
Previous Owner Munal Harold Deane $207,750
Previous Owner Walvoord Clayton $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold -- -- --
08/06/2023 08/06/23 Pending -- -- --
08/06/2023 08/06/23 Price Changed $588,500 +194.3% --
07/27/2023 07/27/23 For Sale $200,000 -- --
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 $5,462 $323,403 $6,687 $316,716
2024 $5,462 $323,403 $0 $0
2023 $9,174 $542,415 $292,953 $249,462
2022 $3,569 $190,070 $5,367 $184,703
2021 $1,385 $68,493 $457 $68,036
2020 $585 $27,312 $590 $26,722
2019 $558 $24,559 $642 $23,917
2018 $501 $23,983 $652 $23,331
2017 $528 $25,112 $697 $24,415
2016 $306 $14,567 $692 $13,875
2015 $0 $13,824 $676 $13,148
2014 -- $14,842 $686 $14,156
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tony Langdon

    David Elkins Real Estate

    (214) 876-5950

    56 Total Sales

    Tony Langdon
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20388487

North Texas Real Estate Information Systems (NTREIS)

APN: 231180

Texas Grayson County Sherman 75090

2191 Bethany Rd, Sherman, TX

Not Listed for Sale

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