$875,000
SOLD JAN 31, 2025
Last list price

2901 E Fm 583 May, TX 76857

3 Beds
2 Baths
1,544 Sq Ft
132 Acres

Recently Sold

$567 Per Sq Ft

146 Days on Market

Highlights

  • RV or Boat Parking
  • 3 Stock Tanks or Ponds
  • Covered Patio or Porch
  • 132 Acre Lot
  • Ranch Style House
  • Cooling Available

About This Home

As of January 2025

132 ± acres in northern Brown County! Whether you are looking for productive cropland or a hunting property this tract offers both! When entering the property you are greeted by mature oaks surrounding the 1544 square foot home. This is a 3,2 farmhouse that offers modern updates, covered outdoor living area adjacent to the shop. The home's kitchen and dining room adjoin with a great picture window looking out onto the front yard. As you make your way through the home you will find 2 nice sized bedrooms with closets. The 3rd bonus room could be utilized as a hobby room or additional bedroom. Both of the home’s bathrooms are full baths and have been recently updated. The living space has ample room for entertaining and provides easy access to the outdoor area. The large outdoor living space has plenty of room for outdoor furniture, tv’s and hot tub. The 1800 sq ft shop with concrete floor is perfect for housing the tractor or ATVs... More info and pictures on our website.

Last Agent to Sell the Property

Brian Clark

Ranch Pro Real Estate Brokerage Phone: 325-642-3630 License #0540259 Listed on: 09/06/2024

Last Buyer's Agent

Jerrod Pitcock

Pitcock Properties LLC License #0568249

Property Details

Home Type

  • Multi-Family

Home Design

  • 1,544 Sq Ft Home
  • Ranch Style House
  • Ranch Property
  • Property Attached
  • Pillar, Post or Pier Foundation
  • Metal Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway
  • Additional Parking
  • RV or Boat Parking

Schools

  • May Elementary And Middle School
  • May High School

Farming

  • 3 Stock Tanks or Ponds
  • 1 Residence
  • Agricultural

Utilities

  • Cooling Available
  • Co-Op Electric
  • Propane

Additional Features

  • Covered Patio or Porch
  • 132 Acre Lot
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 000000013752
  • $53 per year unexempt tax

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm/Ranch
  • Structural Style: Farm/Ranch House
  • Unit Levels: One
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 325-642-3630
  • Special Features: None

Interior Features

  • Square Footage: 1544.00
  • Interior Amenities: Other
  • Appliances: None
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Cultivated Acreage: 78.00
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Exterior Features: Covered Patio/Porch, RV/Boat Parking
  • Number Of Tanks And Ponds: 3
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Electric
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Driveway
  • GarageYN: No

Utilities

  • Heating: Propane
  • Utilities: Co-op Electric, Outside City Limits
  • Number Of Wells: 8

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: May ISD
  • Elementary School: May

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural
  • Lot Size Units: Acres
  • Lot Size Area: 132.0000
  • Parcel Number: 000000013752
  • Lot Size Acres: 132.0000
  • Lot Size Sq Ft: 5749920.0000
  • Assessor Parcel Number 2: 20052516
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Horses, Hunting/Fishing, Livestock, Orchards/Vineyards, Ranch, Recreational, Residential, Single Family
  • Present Use: Agricultural, Crops and Livestock, Hunting/Fishing, Ranch, Recreational, Residential

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 9999

Multi Family

  • Number Of Residences: 1

Tax Info

  • Unexempt Taxes: 53

MLS Schools

  • Middle School Name: May
  • Elementary School Name: May
  • High School Name: May

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 31, 2025
Sold by
Maultsby Tonya Sue Lancaster and Maultsby Gary Wayn
Bought by
Ryder Bradley
Seller's Agent
Brian Clark
Ranch Pro Real Estate
Buyer's Agent
Jerrod Pitcock
Pitcock Properties LLC
List Price
$899,000
Views
7
Current Estimated Value
$648,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.87%
Original Mortgage
$100,000
Outstanding Balance
$94,548
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$553,834

Purchase Details

Closed on
May 20, 2021
Sold by
Crawford Nelda Fortune
Bought by
Maultsby Gary Wayne and Maultsby Tonya Sue

Purchase Details

Closed on
Apr 16, 2020
Sold by
Lancaster Johnnie Sue and Lancaster Johnnie Sue
Bought by
Maultsby Tonya Sue Lancaster and Maultsby Gary Wayne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Deed -- None Listed On Document
Gift Deed -- None Available
Interfamily Deed Transfer -- Brown County Abstract Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold -- -- --
11/23/2024 11/23/24 Price Changed $875,000 -2.7% $567 / Sq Ft
09/06/2024 09/06/24 For Sale $899,000 -- $582 / 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 $3,201 $262,430 $108,500 $153,930
2024 $1,873 $212,040 $97,260 $114,780
2023 $1,714 $203,830 $87,050 $116,780
2022 $1,442 $185,030 $76,800 $108,230
2021 $2,042 $117,550 $48,510 $69,040
2020 $1,860 $102,210 $36,810 $65,400
2019 $1,323 $0 $0 $0
2018 $1,230 $0 $0 $0
2017 $1,220 $0 $0 $0
2016 $1,219 $0 $0 $0
2015 -- $0 $181,770 $53,450
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20722508

North Texas Real Estate Information Systems (NTREIS)

APN: 35128