NOT LISTED FOR SALE

403 & 405 Fm 407 E Argyle, TX 76226

Estimated Value: $178,717

1.05 Acres
$170,531 Price per Acre
45,651 Sq Ft Lot

Last Sold April 21, 2023

Current estimated payment $1,097/month

135 Days on Market

Highlights

  • 1.05 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Hilltop Elementary School Rated A
  • Privacy Fence
  • Back Yard

About This Lot

As of April 2023

Investor Potential! Currently zoned AG in Town of Argyle these two combined properties total out to 1.048 acres located across FM 407 from Argyle Vet Hospital and Total Care Urgent Care. This high traffic location is only a quarter mile from HWY 377 and FM 407 intersection. Initial discussions with Argyle about re-zoning potential would be recommended OR-Office Retail or LR-Local retail. Value is in the land not the houses. Electric, Septic and Argyle Water already on property to houses currently there.

All information deemed to be reliable but not guaranteed. Buyers and buyer's agent to confirm all information contained herein is accurate as well as available infrastructure regarding buyers specific planned use for property.

Last Agent to Sell the Property

Jared Sparks

Newland Real Estate, Inc. License #0724563 Listed on: 11/10/2022

Last Buyer's Agent

Pat Burns

Newland Real Estate, Inc. License #0589016

Property Details

Property Type

  • Land

Year Built

  • Built in 1942

Lot Details

  • 1.05 Acre Lot
  • Privacy Fence
  • Chain Link Fence
  • Level Lot
  • Back Yard
  • Zoning described as Current Zoning with City of Argyle is AG

Schools

  • Argyle Middle School
  • Argyle High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Aerobic Septic System

Community Details

  • Sa Chambers Subdivision

Listing and Financial Details

  • Assessor Parcel Number R67134
  • $5,693 per year unexempt tax

Property Details

Property Type

Land

Year Built

Built in 1942

Lot Details

1.05 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Development
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: Subdivided
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Attribution Contact: 940-565-8326
  • Special Features: None

Exterior Features

  • Easements: Other
  • Fencing: Back Yard, Chain Link, Privacy
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Window Unit(s)

Utilities

  • Heating: Central
  • Utilities: Aerobic Septic, City Water

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Zoned

Schools

  • School District: Argyle ISD
  • Intermediate School: Argyle

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Level
  • Lot Size Units: Acres
  • Lot Size Area: 1.0480
  • Parcel Number: R67134
  • Lot Size Acres: 1.0480
  • Lot Size Sq Ft: 45650.8800
  • Assessor Parcel Number 2: R67133
  • Zoning Description: Current Zoning with City of Argyle is AG
  • Possible Use: Commercial
  • Present Use: Residential
  • LandLeaseYN: No

Building Info

  • Year Built: 1942
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 5693

MLS Schools

  • Middle School Name: Argyle
  • High School Name: Argyle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2008
Sold by
Whatley Stephen R
Bought by
K & D Development Llc
Current Estimated Value
$178,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$94,822
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1998
Sold by
Davenport Gary F
Bought by
Davenport Gary Hudson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
10.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 1997
Sold by
Splechter Michael H and Splechter Patti Ann
Bought by
Davenport Gary F
Source: Public Records
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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
K & D Development Llc -- Laatc
Davenport Gary Hudson -- --
Davenport Gary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & D Development Llc $148,000
Previous Owner Davenport Gary Hudson $56,500
Closed Davenport Gary Hudson $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold -- -- --
03/25/2023 03/25/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $650,000 -13.3% $568 / Sq Ft
11/10/2022 11/10/22 For Sale $750,000 -- $656 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $6,054 $306,095 $306,095 --
2024 $5,748 $306,095 $305,757 $338
2023 $3,009 $164,892 $164,395 $497
2022 $3,415 $164,686 $164,395 $291
2021 $3,495 $164,709 $164,395 $314
2020 $3,674 $164,709 $164,395 $314
2019 $3,802 $164,724 $164,395 $329
2018 $2,551 $109,941 $109,597 $344
2017 $2,546 $109,958 $109,597 $361
2016 $2,546 $109,948 $109,597 $351
2015 $2,572 $109,946 $109,597 $349
2013 -- $109,976 $109,597 $379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20202131

North Texas Real Estate Information Systems (NTREIS)

APN: R67134

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