NOT LISTED FOR SALE

4554 Old Lake Rd Electra, TX 76360

Estimated Value: $486,086

121 Acres
$4,017 Price per Acre
5,270,760 Sq Ft Lot

Last Sold January 20, 2023

Current estimated payment $3,129/month

200 Days on Market

Highlights

  • 121 Acre Lot
  • Corner Lot
  • Hay Barn
  • Partially Wooded Lot
  • Pasture
  • Crops

About This Lot

As of January 2023

Reis Farm, 121 acres with a house, 2.5 miles north of Electra, at the NE corner of Old Lake Road and Brosch Road. The house consists of 2,045 sf, brick, built in 2001, 3 bedrooms, 2 bath, 2 car garage, total electric, chain link fenced backyard, storm closet in master bath, new roof installed in 2015, 24’ x 36’ metal workshop built in 2009. There is 85 acres of cultivation, balance being native pasture both wooded and open, level to sloping terrain, seasonal creek, stock pond, no oil production.

Last Agent to Sell the Property

Steve Turner

TURNER COUNTRY PROPERTIES License #660280 Listed on: 06/24/2022

Last Buyer's Agent

Kathy Adams

ANCHORED REALTY License #0459993

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,654

Lot Details

  • 121 Acre Lot
  • Barbed Wire
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned Not Zoned

Farming

  • Hay Barn
  • Crops
  • Pasture
  • Livestock

Additional Features

  • 2,042 Sq Ft Home
  • Shop
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$3,654

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Acreage 100-500 Acres
  • Excluded Property: Seller and Tenants Personal Property/Crop
  • Zoning District: Not Zoned
  • Imp W House: Yes
  • Mobile Homes Allowed: Unknown
  • Primary Use: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 4140.04
  • Estimated Sq Ft: 2042

Exterior Features

  • Road Frontage: County Road
  • Road Surface: Black Asphalt, Caliche

Utilities

  • Utilities Available: Electricity
  • Water Sewer: City Water, Septic Tank

Schools

  • School District: Electra

Lot Info

  • Topography: Cleared, Level, Partly Wooded
  • Crops: Tenant Owned
  • Fencing: Barbed Wire
  • Kind Farm Ranch: Grain, Livestock, Pasture, Row Crop
  • Lot Location: Corner
  • Number Of Acres: 121
  • Outbuildings: Hay Barn, Pens, Shop
  • Surface Water: Stream(s), Tank/Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jan 20, 2023
Sold by
Dulaney Pamela A Reis
Bought by
Gardner Mark and Gardner Marilyn
Seller's Agent
Steve Turner
TURNER COUNTRY PROPERTIES
Buyer's Agent
Kathy Adams
ANCHORED REALTY
List Price
$675,000
Current Estimated Value
$486,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%
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
Gardner Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dulaney Scott W $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold -- -- --
01/10/2023 01/10/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $529,000 -11.1% $259 / Sq Ft
08/23/2022 08/23/22 Price Changed $595,000 -11.9% $291 / Sq Ft
06/24/2022 06/24/22 For Sale $675,000 -- $331 / Sq Ft
Source: Wichita Falls Association of REALTORS®

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
2022 $3,654 $213,813 $0 $0
2021 $3,873 $194,375 $6,418 $187,957
2020 $3,880 $192,672 $6,150 $186,522
2019 $3,707 $179,855 $6,150 $173,705
2018 $3,711 $175,415 $6,150 $169,265
2017 $3,753 $177,052 $6,418 $170,634
2016 $3,914 $173,648 $4,969 $168,679
2015 $3,117 $171,429 $4,969 $166,460
2014 $3,117 $157,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Turner

    TURNER COUNTRY PROPERTIES

    (940) 636-7039

    210 Total Sales

    Steve Turner
    Section Image
  • Kathy Adams

    Buyer's Agent in 2023

    Kathy Adams

    ANCHORED REALTY

    (940) 781-3898

    107 Total Sales

    Kathy Adams
    Section Image
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Map

Source: Wichita Falls Association of REALTORS®

MLS Number: 165131

Wichita Falls Association of REALTORS®

APN: 101454

Texas Wichita County Electra 76360

4554 Old Lake Rd, Electra, TX

This home is located at 4554 Old Lake Rd, Electra, TX 76360 since 24 June 2022 and is currently estimated at $486,086, approximately $238 per square foot. 4554 Old Lake Rd is a home located in Wichita County with nearby schools including Electra Elementary School and Electra Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Wichita Falls Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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