NOT LISTED FOR SALE

225 County Road 321 Gorman, TX 76454

Estimated Value: $258,245 - $539,000

2 Beds
2 Baths
1,072 Sq Ft
$318/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2023

Current estimated payment $1,864 / mo

126 Days on Market

Highlights

  • 18.7 Acre Lot
  • 1 Stock Tank or Pond
  • Eat-In Kitchen
  • Maxfield Elementary School Rated A-
  • Ranch Style House
  • Walk-In Closet

About This Home

As of August 2023

In the country!! 18.7 acres more or less (To be surveyed) with a 2-bedroom 2-bath remodeled frame home with Central Heat & AC. Renovations include new exterior windows & doors, new siding and paint, 2 year old roof, updated electrical, new plumbing & water heater, new laminate floors throughout, and both bathrooms have been completely updated. The large country kitchen-dining room has all new cabinets, a brick backsplash with tile countertops, a stainless range vent hood, and will include the refrigerator and dishwasher. The Coastal Bermuda hayfield consists of 17-18 acres with a small stock pond, 3 unused water wells, fully fenced and has been holding cattle. Adjacent to this and with Hwy 6 frontage is an additional 20 acres of Coastal Bermuda hayfield that is also available.(Check MLS#20243034) There is a cell tower on this property that is currently in service, however all rights & royalties have been reserved by previous owners. Located on paved CR 321 just 1 mile west of Gorman.

Last Agent to Sell the Property

Gordon Watts

Signature Land & Home Brokerage Phone: (254) 893-6666 License #0792418 Listed on: 02/28/2023

Co-Listed By

Ray Cogburn

Cogburn Real Estate Brokerage Phone: (254) 893-6666 License #201095

Last Buyer's Agent

Korissa Chambers

J.J. HAMPTON REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 18.7 Acre Lot
  • Barbed Wire
  • Net Fence
  • Pipe Fencing
  • Cleared Lot
  • Few Trees
  • Subdivision Possible

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 1,072 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Schools

  • Maxfield Elementary School
  • Gorman Middle School
  • Gorman High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 1 Residence
  • Agricultural
  • Pasture

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Well
  • Septic Tank

Community Details

  • H&Tc Rr Company Subdivision

Listing and Financial Details

  • Assessor Parcel Number 51138

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

18.7 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Accessibility Features Yn: Yes
  • Agricultural Exemption YN: Yes
  • Attribution Contact: (254) 893-6666
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Square Footage: 1072.00
  • Interior Amenities: Eat-in Kitchen, Tile Counters, Walk-In Closet(s)
  • Flooring: Laminate
  • Appliances: Dishwasher, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Easements: Other
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Barbed Wire, Fenced, Net, Pipe
  • Roof: Composition
  • Soil Type: Sandy Loam
  • Construction Materials: Frame, Siding
  • Number Of Tanks And Ponds: 1
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Driveway, Gravel
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Asphalt, Electricity Connected, Individual Gas Meter, Septic, Well
  • Number Of Wells: 4

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gorman ISD
  • Elementary School: Maxfield

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Few Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 18.7000
  • Parcel Number: 51138
  • Lot Size Acres: 18.7000
  • Lot Size Sq Ft: 814572.0000
  • Assessor Parcel Number 2: 6670
  • Present Use: Agricultural, Cattle, Crops and Livestock, Grazing, Horses, Livestock, Pasture, Ranch, Residential

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1930

Multi Family

  • Number Of Residences: 1

MLS Schools

  • Middle School Name: Gorman
  • Elementary School Name: Maxfield
  • High School Name: Gorman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Aug 10, 2023
Sold by
Soto Maria
Bought by
Austin Kye J
Seller's Agent
Gordon Watts
Signature Land & Home
Buyer's Agent
Korissa Chambers
J.J. HAMPTON REALTY
List Price
$285,000
Views
165
Current Estimated Value
$341,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$270,019
Outstanding Balance
$263,602
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$77,459
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Austin Kye J -- Big Country Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Kye J $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold -- -- --
07/04/2023 07/04/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $285,000 -- $266 / 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 $334 $98,330 $11,240 $87,090
2024 $1,118 $97,960 $11,240 $86,720
2023 $788 $67,450 $14,360 $53,090
2022 $936 $68,360 $14,360 $54,000
2021 $544 $33,380 $10,070 $23,310
2020 $534 $31,830 $8,510 $23,320
2019 $566 $32,490 $8,510 $23,980
2018 $647 $35,210 $8,510 $26,700
2017 $639 $34,820 $8,120 $26,700
2016 $639 $34,820 $8,120 $26,700
2015 -- $34,430 $7,730 $26,700
2014 -- $34,430 $7,730 $26,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gordon Watts

    Signature Land & Home

    (254) 979-0955

    81 Total Sales

    Gordon Watts
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Ray Cogburn

    Cogburn Real Estate

  • K

    Buyer's Agent in 2023

    Korissa Chambers

    J.J. HAMPTON REALTY

    (254) 458-2901

    14 Total Sales

    Korissa Chambers
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20268005

North Texas Real Estate Information Systems (NTREIS)

APN: 51138

Texas Eastland County Gorman 76454

225 County Road 321, Gorman, TX

Not Listed for Sale

Detached

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