NOT LISTED FOR SALE

2615 Farrar Rd Palmer, TX 75152

Estimated Value: $490,000 - $531,807

80 Acres
$6,386 Price per Acre
3,484,800 Sq Ft Lot

Last Sold July 09, 2019

Current estimated payment $2,802/month

58 Days on Market

About This Lot

As of July 2019

Beautiful view of rolling pasture looking into Brushy Creek of frontage along Palmyra Rd. This property is located outside the city limits. Might be good for new construction. There are two ponds on this partially fenced agricultural exempt property. Currently used for livestock grazing. Owner is dividing the property to exclude the home and 5+- acres surrounding acreage within fence line along Farrar.

Last Agent to Sell the Property

Beth Caudill

eXp Realty License #0524527 Listed on: 02/12/2019

eXp Realty

Co-Listed By

Donna Hart

eXp Realty LLC License #0631738

Last Buyer's Agent

Phil Lomax

Engel & Völkers Dallas-FLMnd License #0656206

Engel & Völkers Dallas-FLMnd

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $274

Year Built

  • Built in 1963

Lot Details

  • 80

Home Design

  • Ranch Property

Schools

  • Ingram Elementary School
  • Ferris Middle School
  • Ferris High School

Additional Features

  • 80 Acre Lot
  • Agricultural Exemption

Community Details

  • L White Subdivision

Listing and Financial Details

  • Assessor Parcel Number 191951
  • $1,097 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$274

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: Electric

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Electricity Available, Other

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits

Schools

  • School District: Ferris ISD
  • Elementary School: Ingram
  • High School: Ferris
  • School District: Ferris ISD
  • Elementary School: Ingram
  • Junior High School: Ferris
  • High School: Ferris

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 80.0000
  • Parcel Number: 191951
  • Lot Size Acres: 80.0000
  • Lot Size Sq Ft: 3484800.0000
  • Zoning Description: Residential

Building Info

  • Year Built: 1963

Tax Info

  • Unexempt Taxes: 1097

MLS Schools

  • MiddleOrJuniorSchool: Ferris
  • Elementary School Name: Ingram
  • High School Name: Ferris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Hamm Lydia and Walker Jeri Lynn
Bought by
Hamm Winston Gregory and Hamm Kelly Lynn
Current Estimated Value
$510,904

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jul 9, 2019
Sold by
Springer Lydia Luz and Walker Jerri Lynn
Bought by
Moore Tucker David and Mclinn Tucker Amanda
Seller's Agent
Beth Caudill
eXp Realty
Buyer's Agent
Phil Lomax
Engel & Völkers Dallas-FLMnd
List Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$595,268
Outstanding Balance
$543,214
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$32,310
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hamm Winston Gregory -- None Available
Moore Tucker David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Tucker David $595,268
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold -- -- --
04/11/2019 04/11/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $480,000 -- $373 / 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
2024 $274 $88,279 -- --
2023 $274 $80,340 $0 $0
2022 $1,126 $73,378 $0 $0
2021 $1,091 $363,410 $0 $0
2020 $1,114 $355,090 $0 $0
2019 $1,150 $354,870 $0 $0
2018 $699 $318,690 $0 $0
2017 $946 $313,310 $0 $0
2016 $872 $265,120 $0 $0
2015 $630 $265,170 $0 $0
2014 $630 $264,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14018197

North Texas Real Estate Information Systems (NTREIS)

APN: 191951