NOT LISTED FOR SALE

2403 Derby Ln Madisonville, TX 77864

Estimated Value: $824,000 - $907,000

6 Beds
2.5 Baths
7,400 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 22, 2023

Current estimated payment $5,535/month

384 Days on Market

Highlights

  • Barn
  • Horse Property Unimproved
  • 2 Attached Carport Spaces
  • Madisonville Intermediate School Rated A-
  • Circular Driveway
  • Central Heating and Cooling System

About This Home

As of March 2023

A horse lovers dream. This property sits on 12.5 acres with a 5100 sq ft custom horse barn with 15 stalls, a wash stall and feed/tack rooms. the barn features an additional 2000 sq ft of living quarters with two of the bedrooms overlooking the horse stalls. There is an additional 1920 sq ft house as well as a 3600 sq ft hay and equipment barn. ther property also features a 5 horse walker, graded riding arena area, white vinyl ranch rail fenced pasture and separate hay meadow. The house and barn both have fenced yards to keep your pets in. Do not miss out on this remarkable property.

Last Agent to Sell the Property

David Coleman

Coleman & Patterson, LLC License #0530027 Listed on: 03/03/2022

Last Buyer's Agent

Sharon Diane Shaw

Covenant Properties Real Estate License #0668881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,662

Year Built

  • Built in 1990

Lot Details

  • 8.1

Home Design

  • Aluminum Siding

Interior Spaces

  • 7,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Attached Carport Spaces
  • Circular Driveway

Schools

  • Madisonville Elementary School
  • Madisonville Junior High School
  • Madisonville High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • 8.1 Acre Lot
  • Barn
  • Horse Property Unimproved

Community Details

  • Madisonville Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,662

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: At the intersection on I-45 and Hwy 21 in Madisonville go approximately 1.5 miles East towards Midway. Turn Right on Derby Land. Go approximately ½ mile and home is on the left.
  • Property Sub Type: Detached
  • Prop. Type: Farm
  • Building Stories: 2
  • Year Built: 1990
  • Lot Size Acres: 8.1
  • Road Surface Type: Gravel
  • Subdivision Name: Madisonville Farms
  • Architectural Style: Other, Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: House
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 7400.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Pool Private: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Other
  • Other Structures: Barn(s)

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Attached Carport, Circular Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: MADISONVILLE ELEMENTARY SCHOOL
  • Junior High Dist: 175 - Madisonville Consolidated
  • High School: MADISONVILLE HIGH SCHOOL
  • Middle Or Junior School: MADISONVILLE JUNIOR HIGH SCHOOL

Lot Info

  • Horse Amenities: Horses Allowed
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13662.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 15, 2023
Sold by
Tj Davis Ranch Llc
Bought by
Reynolds Shawn and Reynolds Darla
Seller's Agent
David Coleman
Coleman & Patterson, LLC
Buyer's Agent
Sharon Diane Shaw
Covenant Properties Real Estate
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%
Views
106
Current Estimated Value
$859,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,712
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Oct 12, 2017
Sold by
Berger Marjorie L
Bought by
Davis Tommy and Davis Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jul 24, 2012
Sold by
Tennille Inc
Bought by
Tj Davis Ranch Llc
Seller's Agent
Walt Wendler
Gate to Gable, LLC
Buyer's Agent
Walt Wendler
Gate to Gable, LLC
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$200,000
Interest Rate
3.72%
Source: Public Records

Range of Values:

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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
Reynolds Shawn -- --
Davis Tommy -- Landmark Title Company
Tj Davis Ranch Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Shawn $200,000
Previous Owner Davis Tommy $45,000
Previous Owner Tj Davis Ranch Llc $452,828
Previous Owner Tj Davis Ranch Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2023 06/25/23 Off Market -- -- --
03/22/2023 03/22/23 Sold -- -- --
11/29/2022 11/29/22 Price Changed $639,000 -28.9% $86 / Sq Ft
10/18/2022 10/18/22 Price Changed $899,000 0.0% $121 / Sq Ft
10/18/2022 10/18/22 For Sale $899,000 -21.8% $121 / Sq Ft
10/03/2022 10/03/22 Off Market -- -- --
10/01/2022 10/01/22 For Sale $1,150,000 0.0% $155 / Sq Ft
09/30/2022 09/30/22 Off Market -- -- --
08/09/2022 08/09/22 Price Changed $1,150,000 -14.8% $155 / Sq Ft
05/19/2022 05/19/22 Price Changed $1,349,000 -3.6% $182 / Sq Ft
03/03/2022 03/03/22 For Sale $1,399,000 +366.5% $189 / Sq Ft
07/25/2012 07/25/12 Sold -- -- --
06/25/2012 06/25/12 Pending -- -- --
11/29/2011 11/29/11 For Sale $299,900 -- $77 / Sq Ft
Source: Houston Association of REALTORS®

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
2024 $9,273 $850,370 $278,180 $572,190
2023 $12,525 $925,190 $209,810 $715,380
2022 $14,023 $896,350 $209,810 $686,540
2021 $13,662 $790,330 $148,930 $641,400
2020 $12,068 $698,070 $144,580 $553,490
2019 $12,308 $695,860 $144,580 $551,280
2018 $12,170 $689,010 $144,580 $544,430
2017 $11,257 $637,320 $150,140 $487,180
2016 $9,118 $516,220 $150,140 $366,080
2015 -- $278,550 $101,090 $177,460
2014 -- $269,370 $91,910 $177,460
Source: Public Records

Agents Affiliated with this Home

  • David Coleman

    Seller's Agent in 2023

    David Coleman

    Coleman & Patterson, LLC

    (210) 718-3613

    233 Total Sales

    David Coleman
    Section Image

  • S

    Buyer's Agent in 2023

    Sharon Diane Shaw

    Covenant Properties Real Estate

    Section Image

  • W

    Seller's Agent in 2012

    Walt Wendler

    Gate to Gable, LLC

    6 Total Sales

    Walt Wendler
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 13274336

Houston Association of REALTORS®

APN: 20299

Texas Madison County Madisonville 77864

2403 Derby Ln, Madisonville, TX

This home is located at 2403 Derby Ln, Madisonville, TX 77864 since 03 March 2022 and is currently estimated at $859,712, approximately $116 per square foot. This property was built in 1990. 2403 Derby Ln is a home located in Madison County with nearby schools including Madisonville Elementary School, Madisonville Intermediate School, and Madisonville Junior High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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