NOT LISTED FOR SALE

298 Jp Cave Rd Sherman, TX 75090

Estimated Value: $1,025,000 - $1,124,871

4 Beds
4.5 Baths
3,433 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 07, 2022

Current estimated payment $6,771/month

74 Days on Market

Highlights

  • Barn or Stable
  • 19.25 Acre Lot
  • Wood Flooring
  • In Ground Pool
  • 2-Story Property
  • Covered patio or porch

About This Home

As of November 2022

Talk about amazing, here is the perfect piece of heaven located in Texas. 4 bedroom 4full baths & 1 half bath, 3 car garage with an inground pool located on 19.25 acres in Grayson county, just outside Sherman city limits. This beauty has everything for a working farm, land, creek, barns, and much more. Open kitchen with custom cabinets looks out to living area with wood burning fire place for cold winter nights, or you might choose the hot tub out back under the pergola. For summer fun, you can enjoy the in ground gunite pool, open land for ATV activities or exploring the creek bottoms. Home is arranged where you can work from home with ease, or operate a small business from home. There are large 200 year old pecan trees and 3 wells on the property if you love history (These wells are not functioning at this time). Come see what a Texas ranch has to offer and bring your imagination to add to it your own. Farm equipment will also be for sale separate.

Last Agent to Sell the Property

Tonya Mercer

Texan Realtor Group LLC License #0533818 Listed on: 07/26/2022

Last Buyer's Agent

Joshua McGowan

HomeSmart License #0765892

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,078

Year Built

  • Built in 1999

Lot Details

  • 19.25 Acre Lot
  • Cross Fenced
  • Wrought Iron Fence
  • Wood Fence
  • Barbed Wire
  • Pipe Fencing
  • Landscaped
  • Interior Lot
  • Irregular Lot
  • Many Trees
  • Large Grassy Backyard

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Additional Parking

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,433 Sq Ft Home
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Sweep
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • Outside City Limits

Schools

  • Crutchfield Elementary School
  • Piner Middle School
  • Dillingham Middle School
  • Sherman High School

Farming

  • 3 Barns
  • Agricultural Exemption
  • 17 Acres of Pasture
  • 1 Residence
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • No City Services
  • Overhead Utilities
  • Co-Op Water
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Burleson Aaron Subdivision
  • 1 Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 122155
  • $6,974 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,078

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: Two
  • Restrictions: No Known Restriction(s)
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Attribution Contact: 972-782-6331
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Square Footage: 3433.00
  • Fireplace Features: Living Room, Wood Burning
  • Interior Amenities: Decorative Lighting, High Speed Internet Available, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Concrete, Laminate, Wood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: Yes
  • Foundation: Slab
  • Fencing: Barbed Wire, Cross Fenced, Pipe, Wood, Wrought Iron
  • Pasture Acres: 17.00
  • Roof: Composition
  • Soil Type: Black, Clay
  • Topography: level
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Stable/Barn, Storage
  • Pool Features: Diving Board, In Ground, Pool Sweep
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Additional Parking, Concrete, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Co-op Water, Electricity Available, Outside City Limits, Overhead Utilities, Septic, Well, No City Services
  • Number Of Wells: 3

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD
  • Intermediate School: Dillingham

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Interior Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 19.2500
  • Parcel Number: 122155
  • Lot Size Acres: 19.2500
  • Lot Size Sq Ft: 838530.0000
  • Possible Use: Agricultural, Residential, Sheep/Goats, Single Family, Other
  • Present Use: Agricultural, Crops and Livestock, Grazing, Horses, Hunting/Fishing, Pasture, Sheep/Goats, Single Family
  • LandLeaseYN: No

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1999
  • SeniorCommunityYN: No

Multi Family

  • Number Of Residences: 1
  • Separate Water Meters: 1

Tax Info

  • Unexempt Taxes: 6974
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Crutchfield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 7, 2022
Sold by
Ballard Timothy Lowell and Ballard Lori Ann
Bought by
Polamreddy Dhanusha
Seller's Agent
Tonya Mercer
Texan Realtor Group LLC
Buyer's Agent
Joshua McGowan
HomeSmart
List Price
$1,499,000
Views
36
Current Estimated Value
$1,083,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%
Original Mortgage
$816,000
Outstanding Balance
$787,776
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$299,667

Purchase Details

Closed on
Apr 13, 2017
Sold by
Hale Timothy G and Hale Melanie
Bought by
Ballard Timothy Lowell and Ballard Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Polamreddy Dhanusha -- --
Ballard Timothy Lowell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polamreddy Dhanusha $816,000
Previous Owner Ballard Timothy Lowell $372,000
Previous Owner Hale Timothy G $189,600
Previous Owner Hale Timothy G $233,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold -- -- --
10/08/2022 10/08/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $1,099,000 -12.1% $320 / Sq Ft
08/29/2022 08/29/22 Price Changed $1,250,000 -7.4% $364 / Sq Ft
08/15/2022 08/15/22 Price Changed $1,350,000 -3.5% $393 / Sq Ft
08/01/2022 08/01/22 Price Changed $1,399,000 -6.7% $408 / Sq Ft
07/26/2022 07/26/22 For Sale $1,499,000 -- $437 / 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 $10,078 $596,684 $0 $0
2023 $10,377 $613,569 $24,742 $588,827
2022 $8,495 $452,400 $0 $0
2021 $7,229 $399,195 $24,427 $374,768
2020 $6,964 $378,182 $22,582 $355,600
2019 $6,637 $291,942 $26,151 $265,791
2018 $6,553 $313,958 $22,375 $291,583
2017 $5,520 $278,600 $22,461 $256,139
2016 $5,021 $238,936 $13,783 $225,153
2015 $4,802 $255,388 $8,780 $246,608
2014 $4,710 $243,682 $8,795 $234,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20124901

North Texas Real Estate Information Systems (NTREIS)

APN: 122155