NOT LISTED FOR SALE

2465 Riley Rd Unit Tract 1 Whitesboro, TX 76273

Estimated Value: $438,000

11 Acres
$39,818 Price per Acre
479,160 Sq Ft Lot

Last Sold August 04, 2023

Current estimated payment $2,298/month

71 Days on Market

Highlights

  • 11 Acre Lot
  • Pasture
  • Large Grassy Backyard
  • Partially Wooded Lot
  • Agricultural Exemption

About This Lot

As of August 2023

Stunning 11 acre property with a mixture of mature oak trees and open pasture land. The property has current ag exemption in place with electricity and water available at the street. The property is located on paved Riley Road, just north of Highway 82 in Whitesboro and minutes away from Sherman and Gainesville. Bring your own builder to build your dream home or secure this property as your weekend getaway. Electricity and water are available at the road. There are three tracts on the market side-by-side, can be purchased separately or together. Up to 34 acres available. No mobile homes or RV parks.

Last Agent to Sell the Property

Kelsey Whitesell

Talley and Company, LTD Brokerage Phone: 254-718-6791 License #0724414 Listed on: 04/06/2023

Last Buyer's Agent

Jessica Self

Texas Homes and Land Real Estate, LLC License #0792629

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7

Year Built

  • Built in 1986

Lot Details

  • 11 Acre Lot
  • Property fronts a county road
  • Cleared Lot
  • Partially Wooded Lot
  • Many Trees
  • Large Grassy Backyard
  • Zoning described as Outside city limits

Schools

  • Whitesboro Elementary And Middle School
  • Whitesboro High School

Farming

  • Agricultural Exemption
  • Agricultural
  • Pasture

Utilities

  • Property is located within a water district

Community Details

  • Lamar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 114430
  • $3,019 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$7

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Mobile Home
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: Subdivided
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 254-718-6791
  • Special Features: None

Exterior Features

  • Easements: Electric, Water Lines
  • Soil Type: Sandy Loam
  • Waterfront: No
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, Asphalt, Electricity Available, Rural Water District

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Whitesboro ISD
  • Elementary School: Whitesboro

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Lrg. Backyard Grass, Many Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 11.0000
  • Parcel Number: 114430
  • Lot Size Acres: 11.0000
  • Lot Size Sq Ft: 479160.0000
  • Zoning Description: Outside city limits
  • Possible Use: Agricultural, Equine, Hunting/Fishing, Investment, Livestock, Pasture, Ranch, Recreational, Residential, Single Family
  • Present Use: Agricultural, Vacant

Building Info

  • Year Built: 1986

Tax Info

  • Unexempt Taxes: 3019

MLS Schools

  • Middle School Name: Whitesboro
  • Elementary School Name: Whitesboro
  • High School Name: Whitesboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 12, 2023
Sold by
Talley Land Development Ltd
Bought by
Vuradi Srinivas and Kakulavaram Manjula
Seller's Agent
Kelsey Whitesell
Talley and Company, LTD
Buyer's Agent
Jessica Self
Texas Homes and Land Real Estate, LLC
List Price
$309,000
Views
25
Current Estimated Value
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$248,625
Outstanding Balance
$223,536
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$214,464

Purchase Details

Closed on
Apr 21, 2023
Sold by
Talley Land Development Ltd
Bought by
Irick Lance and Irick Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,625
Outstanding Balance
$223,536
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$214,464

Purchase Details

Closed on
Mar 15, 2023
Sold by
Hill Gladys Lucile
Bought by
Talley Land Development Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Vuradi Srinivas -- None Listed On Document
Irick Lance -- None Listed On Document
Talley Land Development Ltd -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vuradi Srinivas $248,625
Previous Owner Irick Lance $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold -- -- --
06/16/2023 06/16/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $305,000 -1.3% --
05/02/2023 05/02/23 For Sale $309,000 0.0% --
04/24/2023 04/24/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $309,000 -- --
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 $7 $468 $468 --
2024 $7 $435 $0 $0
2023 $734 $213,825 $0 $0
2022 $676 $189,930 $0 $0
2021 $3,033 $200,369 $18,700 $181,669
2020 $2,873 $196,205 $19,472 $176,733
2019 $2,803 $172,568 $17,115 $155,453
2018 $2,628 $172,373 $16,299 $156,074
2017 $2,519 $168,225 $16,684 $151,541
2016 $2,321 $166,943 $16,619 $150,324
2015 $786 $140,682 $16,491 $124,191
2014 $831 $141,583 $16,494 $125,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20284775

North Texas Real Estate Information Systems (NTREIS)

APN: 114430