NOT LISTED FOR SALE

455 County Road 1120 Meridian, TX 76665

Estimated Value: $564,000

1,506 Acres
$375 Price per Acre
65,597,000 Sq Ft Lot

Last Sold March 31, 2021

Current estimated payment $3,116/month

220 Days on Market

Highlights

  • 1,505.9 Acre Lot
  • 7 Stock Tanks or Ponds
  • Brush Vegetation
  • Hilly Lot
  • Cross Fenced
  • Many Trees

About This Lot

As of March 2021

Rare, diverse and sprawling 1505.9 acre Reese Ranch in Meridian, TX has been owned and operated for almost a century by the Reese Family. This premier ranch offers extraordinary landscapes, exciting recreational opportunities, an abundance of wildlife and effortless accessibility throughout the property!
The ranch has over 2 miles of road frontage on a paved road just a few minutes from Downtown Meridian, TX, in the heart of Bosque County. The ranch is located approximately 1 hour to Waco, 1.5 hours to DFW, and 2 hours to Austin.

Last Agent to Sell the Property

Danya Lane

Texas Luxury and Land License #0696405 Listed on: 04/28/2020

Last Buyer's Agent

Nychole Fung

Keller Williams Realty License #0726873

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $333

Lot Details

  • 1,505.9 Acre Lot
  • Property fronts a county road
  • Cross Fenced
  • Barbed Wire
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Many Trees
  • Land Lease
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Location

  • Outside City Limits

Schools

  • Morgan Elementary And Middle School
  • Morgan High School

Farming

  • Equipment Barn
  • 7 Stock Tanks or Ponds
  • Agricultural Exemption

Utilities

  • Co-Op Electric
  • Well
  • Septic Tank

Community Details

  • Burwell Subdivision

Listing and Financial Details

  • Assessor Parcel Number R17831

Property Details

Property Type

Land

Est. Annual Taxes

$333

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: None
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: Electric
  • Fencing: Barbed Wire, Cross Fenced
  • Cultivated Acreage: 55.00
  • Soil Type: Rocky/Shale, Sandy Loam
  • Number Of Tanks And Ponds: 7
  • RoadFrontageType: County Road

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Co-op Electric, Outside City Limits, Septic, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Morgan ISD
  • Elementary School: Morgan
  • Middle School: Morgan
  • High School: Morgan
  • School District: Morgan ISD
  • Elementary School: Morgan
  • High School: Morgan

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Brush, Hilly, Many Trees, Rolling Slope, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 1505.9000
  • Parcel Number: R17831
  • Lot Size Acres: 1505.9000
  • Lot Size Sq Ft: 65597004.0000
  • Assessor Parcel Number 2: R13827,R39039
  • Subdivided: No
  • Zoning Description: Not Zoned
  • Possible Use: Cattle, Hunting/Fishing
  • Present Use: Cattle, Hunting/Fishing
  • LandLeaseYN: Yes

MLS Schools

  • MiddleOrJuniorSchool: Morgan
  • Middle School Name: Morgan
  • Elementary School Name: Morgan
  • High School Name: Morgan

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

Mortgage History

Date Status Borrower Loan Amount
Closed Bernhardt Sharon Dianne $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold -- -- --
12/04/2020 12/04/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $5,998,275 -- --
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 $333 $27,823 $21,172 $6,651
2023 $305 $25,465 $19,090 $6,375
2022 $1,025 $72,685 $15,410 $57,275
2021 $787 $48,437 $7,210 $41,227
2020 $638 $37,763 $6,284 $31,479
2019 $558 $34,496 $4,780 $29,716
2018 $554 $34,217 $4,488 $29,729
2017 -- $34,068 $4,488 $29,580
2016 $1,233 $1,191,785 $1,161,706 $30,079
2015 -- $1,191,746 $1,161,706 $30,040
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14329709

North Texas Real Estate Information Systems (NTREIS)

APN: R13827