NOT LISTED FOR SALE

2465 Riley Rd Whitesboro, TX 76273

Estimated Value: $438,000

66 Acres
$6,636 Price per Acre
2,874,960 Sq Ft Lot

Last Sold March 17, 2023

Current estimated payment $2,298/month

137 Days on Market

Highlights

  • Horses Allowed On Property
  • 3 Stock Tanks or Ponds
  • Pasture
  • 66 Acre Lot
  • Partially Wooded Lot
  • Ceiling Fan

About This Lot

As of March 2023

66 acres in prime horse country just northeast of Whitesboro. This amazing land is approx 80%pasture and 20% heavily wooded, along with 3 ponds. One deep pond and 2 shallow ponds but with water in them at this time of drought. There are several outbuildings and a house, but all are in need of repair and unlivable at this time. The value is all in the land. The property has been leased for hay cutting and cattle and is cross fenced. There is electric and water well to the property already, along with septic tank. There is a metal barn with electric and water along with pipe fenced corral. beautiful views and perfect place to build your dream home and horse ranch !! Currently under Ag exemption. Lots of Pecan and oak trees !! Sellers will subdivide into smaller acreage.

Last Agent to Sell the Property

Mark Tooley

PARAGON, REALTORS License #0501753 Listed on: 09/12/2022

PARAGON, REALTORS

Last Buyer's Agent

Kelsey Whitesell

Talley and Company, LTD License #0724414

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7

Lot Details

  • 66 Acre Lot
  • Property fronts a county road
  • Cross Fenced
  • Barbed Wire
  • Rugged
  • Partially Wooded Lot
  • Many Trees
  • Subdivision Possible
  • Zoning described as Agriculture

Home Design

  • Ranch Property

Schools

  • Whitesboro Elementary And Middle School
  • Whitesboro High School

Farming

  • 1 Barn
  • Equipment Barn
  • 3 Stock Tanks or Ponds
  • Agricultural Exemption
  • Agricultural
  • Pasture

Utilities

  • Cooling System Mounted To A Wall/Window
  • No City Services
  • Propane
  • Well
  • Septic Tank

Additional Features

  • Ceiling Fan
  • Outside City Limits
  • Horses Allowed On Property

Community Details

  • Lamar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 114430

Property Details

Property Type

Land

Est. Annual Taxes

$7

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Barns Count: 1
  • Horse Permitted Y N: Yes
  • Attribution Contact: 903-893-8174
  • Special Features: None

Exterior Features

  • Easements: Natural Gas, Pipeline, Water Lines
  • Fencing: Barbed Wire, Cross Fenced
  • Soil Type: Sandy Loam
  • Number Of Tanks And Ponds: 3
  • RoadFrontageType: County Road

Garage/Parking

  • Cooling System: Ceiling Fan(s), Wall/Window Unit(s)

Utilities

  • Heating: Propane
  • Utilities: Asphalt, Electricity Connected, Gravel/Rock, Outside City Limits, Propane, Septic, Well, No City Services

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Utilities Installed

Schools

  • School District: Whitesboro ISD

Lot Info

  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Agricultural, Many Trees, Pasture, Rugged, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 66.0000
  • Parcel Number: 114430
  • Lot Size Acres: 66.0000
  • Lot Size Sq Ft: 2874960.0000
  • Subdivided: No
  • Zoning Description: Agriculture
  • Possible Use: Agricultural, Grazing, Horses, Hunting/Fishing, Pasture
  • Present Use: Agricultural, Cattle, Grazing, Livestock, Pasture, Timber

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Talley Land Development Ltd
Bought by
Vuradi Srinivas and Kakulavaram Manjula
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.
Original Mortgage
$248,625
Outstanding Balance
$223,536
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$214,464

Purchase Details

Listed on
Sep 12, 2022
Closed on
Apr 21, 2023
Sold by
Talley Land Development Ltd
Bought by
Irick Lance and Irick Stephanie
Seller's Agent
Mark Tooley
PARAGON, REALTORS
Buyer's Agent
Kelsey Whitesell
Talley and Company, LTD
List Price
$1,320,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.82%
Original Mortgage
$248,625
Outstanding Balance
$223,536
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$214,464

Purchase Details

Listed on
Sep 12, 2022
Closed on
Mar 15, 2023
Sold by
Hill Gladys Lucile
Bought by
Talley Land Development Ltd
Seller's Agent
Mark Tooley
PARAGON, REALTORS
Buyer's Agent
Kelsey Whitesell
Talley and Company, LTD
List Price
$1,320,000
Views
23

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
03/17/2023 03/17/23 Sold -- -- --
01/27/2023 01/27/23 Pending -- -- --
12/28/2022 12/28/22 Price Changed $1,188,000 -5.0% $825 / Sq Ft
11/02/2022 11/02/22 Price Changed $1,250,000 -5.3% $868 / Sq Ft
09/12/2022 09/12/22 For Sale $1,320,000 -- $917 / Sq Ft
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

  • Mark Tooley

    Seller's Agent in 2023

    Mark Tooley

    PARAGON, REALTORS

    (903) 814-2519

    19 Total Sales

    Mark Tooley
    Section Image
  • Kelsey Whitesell

    Buyer's Agent in 2023

    Kelsey Whitesell

    Talley and Company, LTD

    (254) 718-6791

    231 Total Sales

    Kelsey Whitesell
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20159230

North Texas Real Estate Information Systems (NTREIS)

APN: 114430

Texas Grayson County Whitesboro 76273

2465 Riley Rd, Whitesboro, TX

Not Listed for Sale

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