NOT LISTED FOR SALE

489 Wright Rd Sherman, TX 75092

143.6 Acres
-- Price per Acre
6,255,216 Sq Ft Lot

Last Sold April 28, 2022

123 Days on Market

Highlights

  • Horses Allowed On Property
  • 143.6 Acre Lot
  • Pasture
  • Pottsboro Elementary School Rated 9+
  • 2 Stock Tanks or Ponds

About This Lot

As of April 2022

Beautiful tract in west Sherman between proposed Dallas North Tollway extension and Highway 289. Prime location approximately 1600' from Hwy. 289 just west of the North Texas Regional Airport. Approximately 2375' road frontage on paved Wright Rd. Nice farm currently cultivated for crop and hay production with cute 3 bedroom 2.5 bath brick home. Good fences and some trees. Has barn, shop, sheds, and grain bins on property. Great investment tract. Natural gas is on the property for use

Last Agent to Sell the Property

Greg Fife

Butch Fife, REALTORS License #0739890 Listed on: 10/01/2021

Last Buyer's Agent

Greg Fife

Butch Fife, REALTORS License #0739890 Listed on: 10/01/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $144

Lot Details

  • 143.6 Acre Lot
  • Property fronts a county road
  • Few Trees
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Pottsboro Elementary And Middle School
  • Pottsboro High School

Farming

  • 2 Stock Tanks or Ponds
  • Agricultural Exemption
  • Agricultural
  • Pasture

Utilities

  • Co-Op Electric
  • Overhead Utilities
  • Well
  • Septic Tank
  • Sewer Not Available
  • Phone Available

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Community Details

  • Draper And Winton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115236
  • $231 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$144

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
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Pipeline, Utilities
  • Surface Rights: Mineral Easement
  • Number Of Tanks And Ponds: 2
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, Co-op Electric, Natural Gas Available, No Sewer, Outside City Limits, Overhead Utilities, Phone Available, Septic, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Pottsboro ISD
  • Elementary School: Pottsboro
  • High School: Pottsboro

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Few Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 143.6000
  • Parcel Number: 115236
  • Lot Size Acres: 143.6000
  • Lot Size Sq Ft: 6255216.0000
  • Assessor Parcel Number 2: 115283
  • Subdivided: No
  • Zoning Description: Not Zoned
  • Present Use: Agricultural, Grazing, Hunting/Fishing

Tax Info

  • Unexempt Taxes: 231

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Apr 29, 2022
Sold by
Ray Wright Ernest
Bought by
Point Break Real Estate Investments Llc
Seller's Agent
Greg Fife
Butch Fife, REALTORS
Buyer's Agent
Greg Fife
Butch Fife, REALTORS
List Price
$4,200,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Point Break Real Estate Investments Llc -- Red River Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold -- -- --
02/01/2022 02/01/22 Pending -- -- --
10/26/2021 10/26/21 Price Changed $3,700,000 -11.9% $2,034 / Sq Ft
10/01/2021 10/01/21 For Sale $4,200,000 -- $2,309 / Sq Ft
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 $144 $11,204 $11,204 --
2024 $144 $10,388 $0 $0
2023 $157 $11,329 $11,329 $0
2022 $176 $11,204 $11,204 $0
2021 $182 $11,204 $11,204 $0
2020 $239 $14,179 $14,179 $0
2019 $259 $14,641 $14,641 $0
2018 $265 $14,765 $14,765 $0
2017 $270 $14,883 $14,883 $0
2016 $268 $14,765 $14,765 $0
2015 $0 $14,609 $14,609 $0
2014 -- $14,222 $14,222 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14682102

North Texas Real Estate Information Systems (NTREIS)

APN: 115236