$899,000
SOLD MAR 22, 2023
Last list price

2403 Derby Ln Madisonville, TX 77864

6 Beds
2.5 Baths
7,400 Sq Ft
8.1 Acres

Recently Sold

$121 Per Sq Ft

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

Texas Country Living at its best! For the horse lovers, there is a 6 stall barn and close proximity to Champion Fit Equine. Property sits on approximately 8.1 beautiful acres. This Spectacular home offers 6 Bedrooms 2.5 Bath and over 7,000 sf of living area in the main home. You will be able to entertain all of your family and friends with the outdoor patio and party area. Your guests can relax in the sauna room or enjoy a meal in the modern spacious double kitchen. There are too many amenities to list. Fantastic Opportunity. Easy commute from Houston or Dallas off I-45, or 40 miles to Bryan/ College Station.

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

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
1.35%

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
9.29%
Original Mortgage
$200,000
Interest Rate
3.72%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Vendors Lien -- Landmark Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Previous Owner $45,000 Purchase Money Mortgage
Previous Owner $452,828 Commercial
Previous Owner $200,000 No Value Available
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
See All Agents

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 and is currently estimated at $899,000, approximately $121 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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.
Information is deemed reliable but not guaranteed.

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