NOT LISTED FOR SALE

4801 Fm 1702 Gustine, TX 76455

199.01 Acres
-- Price per Acre
8,668,875 Sq Ft Lot

Last Sold June 30, 2021

35 Days on Market

Highlights

  • 199.01 Acre Lot
  • Pasture
  • Agricultural Exemption
  • Corner Lot

About This Lot

As of June 2021

This land has been well managed pasture land for many years. If you are looking for a place to run cows or build a home on and have a beautiful view, come take a look. There is an old house that has been lived in, but is in poor condition. The rolling hills provide good potential home sites.

Last Agent to Sell the Property

Jennifer Bruns

Ranch Connection LLC License #0667723 Listed on: 05/06/2021

Last Buyer's Agent

Danny Armstrong

ARMSTRONG REAL ESTATE License #356677

Property Details

Property Type

  • Land

Year Built

  • Built in 1935

Lot Details

  • 199.01 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Few Trees
  • Subdivision Possible
  • Zoning described as Agricultural

Home Design

  • Ranch Property

Schools

  • Gustine Elementary And Middle School
  • Gustine High School

Farming

  • Agricultural Exemption
  • Pasture

Utilities

  • Well
  • Septic Tank

Community Details

  • James Farmer Survey, 358 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000011199
  • $962 per year unexempt tax

Property Details

Property Type

Land

Year Built

Built in 1935

Lot Details

0

Listing Details

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

Exterior Features

  • Easements: Electric
  • RoadFrontageType: County Road, FM Road

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Electricity Available, Septic, Well

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Gustine ISD
  • Elementary School: Gustine
  • High School: Gustine

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Corner Lot, Few Trees, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 199.0100
  • Parcel Number: 000000011199
  • Lot Size Acres: 199.0100
  • Lot Size Sq Ft: 8668875.6000
  • Zoning Description: Agricultural
  • Present Use: Agricultural, Cattle

Building Info

  • Year Built: 1935

Tax Info

  • Unexempt Taxes: 962

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Lockwood Beth Anne Scott
Bought by
Mit-Mar Land Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,851,066
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mit-Mar Land Lp -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mit-Mar Land Lp $1,851,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold -- -- --
06/10/2021 06/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $945,298 -- --
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 $2,394 $1,556,490 $1,422,920 $133,570
2024 $2,143 $1,439,820 $1,323,420 $116,400
2023 $2,189 $140,230 $1,223,910 $116,790
2022 $2,224 $119,620 $856,740 $98,410
2021 $1,027 $729,090 $697,910 $31,180
2020 $1,020 $618,930 $592,750 $26,180
2019 $949 $564,360 $543,360 $21,000
2018 $1,112 $580,080 $543,360 $36,720
2017 $1,052 $548,480 $521,760 $26,720
2016 $993 $462,730 $438,190 $24,540
2015 -- $440,200 $417,180 $23,020
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: 14571440

North Texas Real Estate Information Systems (NTREIS)

APN: 11199