$795,000
SOLD APR 29, 2025
Last list price

491 Mitch McMillan Rd Franklin, TX 77856

39.65 Acres
$20,050 Price per Acre
1,727,154 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

234 Days on Market

Highlights

  • Lake Front
  • Barn
  • Home fronts a creek
  • Roland Reynolds Elementary School Rated A
  • Stables
  • 39.65 Acre Lot

About This Lot

As of April 2025

Schieffer Real Estate is pleased to present a rare opportunity to purchase a 40+ acre tract in Franklin. This tract is located just a few miles away from Franklin, TX and is in the Franklin School District. The Property includes a ~3,000 sf Home, and a very nice horse barn. The home had a new roof installed July 2024. There have also been numerous improvements to the home including replacing waterlines going from the well to the home, repairing the septic system, replacing cedar posts around the home, dead tree and debris removal, water well tank was replaced, and rotten facia was replaced. The home has a water well that is 625' Deep. The Property also boasts multiple water features including a beautiful 4.5-acre Lake. With an abundance of wildlife and fishing this tract makes an ideal recreational property as well.There are an additional 22 Acres available along the south boundary, and an additional 17 Acre parcel available along the north boundary.

Last Agent to Sell the Property

Mason Schieffer

Mason Schieffer, Broker License #0660039 Listed on: 06/29/2024

Last Buyer's Agent

Chad Hovde

NON MEMBERS

NON MEMBERS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,828

Lot Details

  • 39.65 Acre Lot
  • Home fronts a creek
  • Lake Front
  • Property fronts a state road
  • Partially Fenced Property
  • Barbed Wire
  • Open Lot
  • Wooded Lot
  • Landscaped with Trees

Utilities

  • Overhead Utilities
  • Well
  • Septic System

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 269000010-3

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,828

Lot Details

0

Listing Details

  • Directions: From Bryan/College Station Take Hwy 6 to US 79. Property is located ~8 miles from the intersect of Hwy 6 and US 79 between Hearne and Franklin.
  • Lot Size Acres: 39.65
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Gravel
  • Subdivision Name: Other
  • Special Features: None

Interior Features

  • Possible Use: Residential, Recreational

Exterior Features

  • Fencing: Barbed Wire, Partial
  • Lot Features: Lake Front, Pond on Lot, Stream/Creek, Trees Large Size, Trees, Wooded, Open Space
  • Other Structures: Barn(s), Stable(s)
  • Waterfront Features: Creek, Lake

Utilities

  • Utilities: Electricity Available, Overhead Utilities, Sewer Available, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Junior High Dist: Franklin

Lot Info

  • Horse Amenities: Stable(s)
  • Lot Size Sq Ft: 1727154.0
  • Parcel #: 269000010-3
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 2, 2024
Sold by
Bennett James Monroe and Monroe Amber
Bought by
491 Development Llc
Seller's Agent
Roy Brashier
HomeSmart
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$1,650,000
Views
118
Current Estimated Value
$594,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,800
Interest Rate
7.02%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed -- University Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,072,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold -- -- --
02/19/2025 02/19/25 Pending -- -- --
08/26/2024 08/26/24 Price Changed $795,000 -3.6% $195 / Sq Ft
07/01/2024 07/01/24 Sold -- -- --
06/29/2024 06/29/24 For Sale $825,000 -44.8% $203 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $1,495,000 -3.5% $269 / Sq Ft
04/08/2024 04/08/24 Price Changed $1,550,000 -2.8% $279 / Sq Ft
03/13/2024 03/13/24 Price Changed $1,595,000 -3.3% $287 / Sq Ft
02/01/2024 02/01/24 For Sale $1,650,000 -- $297 / Sq Ft
Source: Bryan-College Station Regional Multiple Listing Service

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 $8,828 $611,650 $18,108 $593,542
2023 $7,357 $461,265 $16,108 $445,157
2022 $6,881 $418,345 $13,300 $405,045
2021 $6,507 $393,519 $13,000 $380,519
2020 $6,377 $403,248 $13,000 $390,248
2019 $5,670 $398,993 $11,100 $387,893
2018 $5,154 $398,993 $11,100 $387,893
2017 $4,712 $461,544 $7,710 $453,834
2016 $4,284 $268,379 $7,710 $260,669
2015 -- $237,903 $8,610 $229,293
2014 -- $250,061 $8,700 $241,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bryan-College Station Regional Multiple Listing Service

MLS Number: 24011127

Bryan-College Station Regional Multiple Listing Service

APN: 000269-000011