NOT LISTED FOR SALE

4038 Kennedale New Hope Rd Unit 20.6 acres Kennedale, TX 76060

Estimated Value: $311,000 - $769,000

20.6 Acres
$26,214 Price per Acre
897,336 Sq Ft Lot

Last Sold July 11, 2023

Current estimated payment $2,870/month

40 Days on Market

Highlights

  • Horses Allowed On Property
  • Gated Community
  • Partially Wooded Lot
  • Nancy Neal Elementary School Rated A
  • 20.6 Acre Lot
  • Pasture

About This Lot

As of July 2023

This 20.6+-acre investment property in Kennedale, Texas offers a rare opportunity to own a large tract of land in a prime location with agriculture exemption.

The land is predominantly flat, making it easy to develop for a variety of uses. The property has the potential for a wide range of uses, including residential, commercial, or industrial development, subject to the necessary permits and approvals.

The property is located in a rapidly growing area of Kennedale, with easy access to major highways and amenities. The land is zoned for agricultural use, providing a low tax burden and ensuring that the property retains its value over time.

This property offers an excellent investment opportunity for those looking to acquire a large tract of land with potential for future development, or for those seeking to establish a farm or ranch operation. Don't miss out on this unique opportunity to own a piece of Texas land in a highly desirable location.

Last Agent to Sell the Property

Coy Baker

Keller Williams Prosper Celina License #0766247 Listed on: 04/24/2023

Keller Williams Prosper Celina

Last Buyer's Agent

Spencer Carlson

Monument Realty License #0781669

Monument Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $533

Lot Details

  • 20.6 Acre Lot
  • Barbed Wire
  • Chain Link Fence
  • Cleared Lot
  • Partially Wooded Lot
  • Zoning described as Open Space Agriculture

Schools

  • Nancy Neal Elementary School
  • Linda Jobe Middle School
  • Shepard Middle School
  • Mansfield Frontier High School

Farming

  • Agricultural Exemption
  • Agricultural
  • Pasture

Additional Features

  • Horses Allowed On Property
  • Co-Op Electric

Listing and Financial Details

  • Assessor Parcel Number 04189612
  • $52 per year unexempt tax

Community Details

Security

  • Fenced around community
  • Gated Community

Recreation

  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$533

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 972-382-8882
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Community Features: Gated, Perimeter Fencing
  • Fencing: Barbed Wire, Chain Link
  • Surface Rights: All
  • Exterior Features: Storage
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, City Sewer, City Water, Co-op Electric, Electricity Connected

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Streets Installed, Utilities Installed

Schools

  • School District: Mansfield ISD
  • Elementary School: Nancy Neal
  • Intermediate School: Shepard

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 20.6000
  • Parcel Number: 04189612
  • Lot Size Acres: 20.6000
  • Lot Size Sq Ft: 897336.0000
  • Zoning Description: Open Space Agriculture
  • Possible Use: Agricultural, Cattle, Commercial, Development, Equine, Exotics, Grazing, Horses, Industrial, Investment, Livestock, Mixed Use, Multi-Family, Pasture, Ranch, Recreational, Residential, Sheep/Goats, Single Family, Subdevelopment, Warehouse
  • Present Use: Agricultural, Crops

Tax Info

  • Unexempt Taxes: 52
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Linda Jobe
  • Elementary School Name: Nancy Neal
  • High School Name: Mansfield Frontier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 11, 2023
Sold by
Watson Sallie Lowery and Lowery-Hutchison Sallie
Bought by
Ray Ryon
Seller's Agent
Coy Baker
Keller Williams Prosper Celina
Buyer's Agent
Spencer Carlson
Monument Realty
List Price
$790,000
Views
94
Current Estimated Value
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.25%
Original Mortgage
$444,650
Outstanding Balance
$402,876
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$137,124

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 23, 2023
Sold by
Lowery-Hutchison Sallie and Lowrey-Watson Sallie
Bought by
Galindo Victor
Seller's Agent
Coy Baker
Keller Williams Prosper Celina
Buyer's Agent
Spencer Carlson
Monument Realty
List Price
$790,000
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,650
Outstanding Balance
$402,876
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$137,124
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ray Ryon -- Chicago Title
Galindo Victor -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Ryon $444,650
Closed Galindo Victor $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold -- -- --
06/03/2023 06/03/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $790,000 0.0% --
05/25/2023 05/25/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $790,000 -- --
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 $533 $22,828 $22,828 --
2024 $533 $22,828 $22,828 --
2023 $2,238 $174,066 $60,750 $113,316
2022 $2,261 $148,670 $54,000 $94,670
2021 $2,205 $122,833 $54,000 $68,833
2020 $1,986 $117,446 $54,000 $63,446
2019 $1,855 $120,435 $54,000 $66,435
2018 $85 $58,963 $54,000 $4,963
2017 $1,557 $67,535 $10,000 $57,535
Source: Public Records

Agents Affiliated with this Home

  • Coy Baker

    Seller's Agent in 2023

    Coy Baker

    Keller Williams Prosper Celina

    (972) 523-9757

    2 in this area

    73 Total Sales

    Coy Baker
    Section Image

  • S

    Buyer's Agent in 2023

    Spencer Carlson

    Monument Realty

    (214) 724-1047

    1 in this area

    82 Total Sales

    Spencer Carlson
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20310957

North Texas Real Estate Information Systems (NTREIS)

APN: 04189612

Texas Tarrant County Kennedale 76060

4038 Kennedale New Hope Rd Unit 20.6 acres, Kennedale, TX

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