NOT LISTED FOR SALE

3032 Fm 902 Gainesville, TX 76240

Estimated Value: $598,000 - $1,246,000

4 Beds
3.5 Baths
3,717 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $5,606/month

7 Days on Market

Highlights

  • Barn or Stable
  • Lake View
  • Open Floorplan
  • Oak Trees
  • 138 Acre Lot
  • Hilly Lot

About This Home

As of April 2022

Located in the North Texas Horse Country, this large acreage hilltop stunner has some of the best views in Cooke County! The 4 Bed, 3.5 Bath, 3700 square foot rock and glass home offers views from every room with an open floor plan. The property has 27 mile views off the porch and stunning sunsets. The land is equally beautiful with a paved drive that winds up to the home, through trees and Coastal Bermuda pastures. Threes large ponds are great for fishing and relaxing. There’s a Loafing Shed with feed room, large Pole Barn and plenty of room for an arena! Schedule your Showing Today!

Last Agent to Sell the Property

Jim Brosche

Compass RE Texas, LLC. License #0613873 Listed on: 04/04/2022

Compass RE Texas, LLC.

Last Buyer's Agent

Iris Petschenig

THE REAL ESTATE COMPANY License #0717253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,144

Year Built

  • Built in 1996

Lot Details

  • 138 Acre Lot
  • Gated Home
  • Cross Fenced
  • Barbed Wire
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Hilly Lot
  • Oak Trees
  • Pine Trees
  • Partially Wooded Lot
  • Many Trees

Parking

  • 3 Car Direct Access Garage
  • Workshop in Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 3,717 Sq Ft Home
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Stone Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Lake Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • 3 Lakes
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting

Schools

  • Chalmers Elementary School
  • Gainesvill Middle School
  • Gainesvill High School

Farming

  • 1 Barn
  • Agricultural Exemption
  • 1 Residence
  • Loafing Shed
  • Pasture
  • Fenced For Cattle
  • Fenced For Horses

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Barn or Stable

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Overhead Utilities
  • Municipal Utilities District
  • Property is located within a water district
  • Co-Op Water
  • Septic Tank
  • High Speed Internet

Community Details

  • Atkinson O Subdivision
  • Laundry Facilities
  • 1 Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 30905
  • $9,245 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,144

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Agricultural Exemption YN: Yes
  • Barns Count: 1
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Square Footage: 3717.00
  • Windows: Window Coverings
  • Fireplace Features: Living Room, Masonry, Stone
  • Interior Amenities: Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Basement YN: No
  • Fireplaces: 2
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 12

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Telephone, Utilities, Water Lines
  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Fencing: Barbed Wire, Cross Fenced, Gate
  • Roof: Composition
  • Soil Type: Sandy Loam
  • Surface Rights: All
  • Construction Materials: Stone Veneer
  • Exterior Features: Covered Patio/Porch, Fire Pit, Lighting, Stable/Barn
  • Number Of Lakes: 3
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened, Side Porch
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Oversized, Workshop in Garage
  • Attached Garage YN: Yes
  • Garage Height: 10
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup, On Site
  • Utilities: All Weather Road, Asphalt, Co-op Water, Electricity Connected, Individual Water Meter, Overhead Utilities, Rural Water District, Septic, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gainesville ISD
  • Junior High School: Gainesvill

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Hilly, Many Trees, Oak, Pine, Pasture, Rolling Slope, Sprinkler System, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 138.0000
  • Parcel Number: 30905
  • Lot Size Acres: 138.0000
  • Lot Size Sq Ft: 6011280.0000
  • Assessor Parcel Number 2: 29976,15525,2642729977,26427
  • Possible Use: Cattle, Equine, Grazing, Horses, Hunting/Fishing, Ranch, Recreational, Subdevelopment
  • Present Use: Grazing, Horses, Pasture, Ranch, Other
  • LandLeaseYN: No

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1996
  • SeniorCommunityYN: No

Multi Family

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

Tax Info

  • Unexempt Taxes: 9245
  • Special Taxing Entities: No

MLS Schools

  • Elementary School Name: Chalmers
  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2013
Sold by
Stanley Stanley S S and Stanley Paulette
Bought by
Hensley Arthur L and Hensley Joan H
Current Estimated Value
$904,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$273,263
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$631,010
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 Buyer Sale Price Title Company
Hensley Arthur L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensley Arthur L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold -- -- --
04/11/2022 04/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $3,950,000 -- $1,063 / 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 $10,144 $746,194 $64,020 $682,174
2024 $10,144 $746,194 $64,020 $682,174
2023 $9,268 $668,731 $45,391 $623,340
2022 $9,473 $609,944 $43,263 $566,681
2021 $9,564 $506,683 $34,433 $472,250
2020 $8,798 $448,996 $31,844 $417,152
2019 $8,621 $428,828 $30,910 $397,918
2018 $7,878 $392,657 $30,910 $361,747
2017 $7,866 $390,657 $28,910 $361,747
2015 $7,641 $382,518 $28,044 $354,474
2014 $7,641 $387,259 $28,044 $359,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20021002

North Texas Real Estate Information Systems (NTREIS)

APN: 30905