NOT LISTED FOR SALE

2465 Riley Rd Unit Tract 2 Whitesboro, TX 76273

Estimated Value: $438,000

12.28 Acres
$35,671 Price per Acre
534,873 Sq Ft Lot

Last Sold June 13, 2023

Current estimated payment $2,298/month

34 Days on Market

Highlights

  • 12.28 Acre Lot
  • Partially Wooded Lot
  • Pasture
  • 1 Stock Tank or Pond

About This Lot

As of June 2023

Absolutely gorgeous 12.279 acre property with current ag exemption, ideally located just north of Highway 82 in Whitesboro and minutes away from Sherman and Gainesville. The property features mature oak trees, cleared pasture areas, pond, and multiple sites for your home, barndominium, or recreational cabin The tract has paved road frontage on Riley Road with water and electricity also available at the street. Come make this beautiful slice of Grayson County your own. 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. Buyer's financing fell though, so property is back on the market - LAST REMAINING TRACT!

Last Agent to Sell the Property

Kelsey Whitesell

Talley and Company, LTD License #0724414 Listed on: 04/06/2023

Last Buyer's Agent

Srikanth Suravaram

iDream Realty LLC License #0663562

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7

Year Built

  • Built in 1986

Lot Details

  • 12.28 Acre Lot
  • Property fronts a county road
  • Cleared Lot
  • Partially Wooded Lot
  • Many Trees
  • Zoning described as Outside city limits

Schools

  • Whitesboro Elementary And Middle School
  • Whitesboro High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • 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
  • Number Of Tanks And Ponds: 1
  • 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: Other

Schools

  • School District: Whitesboro ISD
  • Elementary School: Whitesboro

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Many Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 12.2790
  • Parcel Number: 114430
  • Lot Size Acres: 12.2790
  • Lot Size Sq Ft: 534873.2400
  • Zoning Description: Outside city limits
  • Possible Use: Agricultural, Equine, Horses, Hunting/Fishing, Investment, Livestock, Recreational, Residential, Single Family, Unimproved
  • 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
Srikanth Suravaram
iDream Realty LLC
List Price
$299,000
Views
35
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
17.68%
Original Mortgage
$248,625
Outstanding Balance
$223,536
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$214,464

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 21, 2023
Sold by
Talley Land Development Ltd
Bought by
Irick Lance and Irick Stephanie
Seller's Agent
Kelsey Whitesell
Talley and Company, LTD
Buyer's Agent
Srikanth Suravaram
iDream Realty LLC
List Price
$299,000
Views
35

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
06/13/2023 06/13/23 Sold -- -- --
05/10/2023 05/10/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $299,000 0.0% --
04/25/2023 04/25/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $299,000 -- --
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: 20284777

North Texas Real Estate Information Systems (NTREIS)

APN: 114430