NOT LISTED FOR SALE

320 N Lyon St Tom Bean, TX 75491

Estimated Value: $285,766 - $301,000

3 Beds
1.5 Baths
1,300 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 17, 2023

Current estimated payment $2,074/month

87 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Central Air
  • Tom Bean Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of February 2023

All are welcome to come tour this charming farmhouse that sits atop one and a half acres in the quaint town of Tom Bean. This is a perfect home for someone who likes the less populated, and simpler lifestyle of country living. Here you can raise chickens and have fresh eggs. Plant a garden and eat home grown veggies. There's room for a horse corral, or a sheep pen, or perhaps an above ground pool for those hot Texas summers. You decide how you would like your homestead to be designed. A pellet fireplace in the family room will warm you comfortably in the months ahead. This home offers an open concept from living to kitchen so everyone can visit easily with each other. Outside are pecan, peach, oak, and cedar trees.You still have the convivence of the big box stores, restaurants and activities in Sherman, Denison, Howe, Van Alstyne ,and McKinney.With Texas Instruments expanding their facilities nearby this is becoming a sought after community. Measurements are approx.

Last Agent to Sell the Property

Monica Bronson

Better Homes & Gardens, Winans Brokerage Phone: 903-357-1777 License #0588360 Listed on: 10/22/2022

Better Homes & Gardens, Winans

Last Buyer's Agent

Tracie Nabors

Callaway Realty, Llc License #0473794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1935

Lot Details

  • 1.53 Acre Lot

Home Design

  • Ranch Style House
  • Prairie Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Aggregate Flooring
  • Gravel Driveway
  • Additional Parking

Schools

  • Tom Bean Elementary School
  • Tom Bean High School

Utilities

  • Central Air
  • Pellet Stove burns compressed wood to generate heat
  • Propane
  • Electric Water Heater
  • Aerobic Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 129398

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 1935

Lot Details

0

Listing Details

  • OWNERNAME: Myrick
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Prairie, Ranch, Detached, Farmhouse
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 903-357-1777
  • Co List Office Mls Id: BHGW07
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1935

Interior Features

  • Square Footage: 1300.0
  • Fireplace Features: Family Room, Free Standing, Pellet Stove
  • Interior Amenities: High Speed Internet, Open Floorplan, Cable TV
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

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

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Pool Features: None
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Additional Parking, Aggregate, Gravel
  • GarageYN: No

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Heating: Electric, Fireplace(s)
  • Utilities: Propane, Septic Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Tom Bean
  • High School: Tom Bean
  • Junior High Dist: Tom Bean ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 1.53
  • Parcel Number: 129398
  • Lot Size Acres: 1.53
  • Lot Size Sq Ft: 66646.8

Building Info

  • Year Built: 1935

Tax Info

  • Tax Annual Amount: 2945.0

MLS Schools

  • MiddleOrJuniorSchool: Tom Bean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Feb 17, 2023
Sold by
Myrick Jacob Patrick and Myrick Falon
Bought by
Cromwell Kenneth William and Cromwell Karen Denise
Seller's Agent
Monica Bronson
Better Homes & Gardens, Winans
Buyer's Agent
Tracie Nabors
Callaway Realty, Llc
List Price
$325,000
Current Estimated Value
$295,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,821
Outstanding Balance
$258,550
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$36,937

Purchase Details

Closed on
Apr 30, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Myrick Jacob Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,571
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2011
Sold by
Gordon Michael and Gordon Amy
Bought by
Allen Angie and Allen Dondi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,747
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Halling Cory L and Halling Christina
Bought by
Gordon Michael and Gordon Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,350
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cromwell Kenneth William -- Red River Title
Myrick Jacob Patrick -- None Available
Allen Angie -- Red River Title Co
Gordon Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cromwell Kenneth William $265,821
Previous Owner Myrick Jacob Patrick $125,155
Previous Owner Myrick Jacob Patrick $78,741
Previous Owner Myrick Jacob Patrick $69,571
Previous Owner Allen Angie $82,747
Previous Owner Gordon Michael $61,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold -- -- --
01/17/2023 01/17/23 Pending -- -- --
11/15/2022 11/15/22 Price Changed $295,000 -9.2% $227 / Sq Ft
10/22/2022 10/22/22 For Sale $325,000 -- $250 / 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 $5,487 $282,132 $157,279 $124,853
2023 $1,746 $149,083 $0 $0
2022 $2,763 $135,530 $0 $0
2021 $2,775 $132,911 $53,444 $79,467
2020 $2,702 $132,102 $44,983 $87,119
2019 $2,522 $125,976 $36,324 $89,652
2018 $2,313 $106,313 $24,075 $82,238
2017 $2,139 $84,153 $21,015 $63,138
2016 $2,103 $82,753 $17,549 $65,204
2015 $0 $70,528 $14,793 $55,735
2014 -- $68,700 $14,793 $53,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20192248

North Texas Real Estate Information Systems (NTREIS)

APN: 129398