NOT LISTED FOR SALE

498 Pr 5787 County Rd Groesbeck, TX 76642

Estimated Value: $791,000 - $794,836

113.64 Acres
$6,977 Price per Acre
4,950,158 Sq Ft Lot

Last Sold October 04, 2021

Current estimated payment $4,227/month

94 Days on Market

Highlights

  • 113.64 Acre Lot
  • Heavily Wooded Lot
  • Agricultural
  • Groesbeck High School Rated A-
  • Pond
  • Partially Fenced Property

About This Lot

As of October 2021

This property is a recreational gem! It could also be used as home site for the house of your dreams. This secluded tract is situated at the end of a dead end county road, shares fence line with larger acreage properties, and is minutes away from Lake Limestone! There is a 1 BR 1 Bath hunters cabin located on the property, 3 water wells in total, electric, and a large stock pond for some great fishing. Wildlife is abundant throughout the property. The land currently carries a wildlife tax exemption. Located in the heart of the Texas "golden triangle", 2.5 hours north of Houston, less than 2 hours south of Dallas.

Last Agent to Sell the Property

Michael Miller

Paragon, REALTORS License #0449857 Listed on: 06/01/2021

Last Buyer's Agent

Michael Miller

Paragon, REALTORS License #0449857 Listed on: 06/01/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26

Lot Details

  • 113.64 Acre Lot
  • Property fronts a state road
  • Partially Fenced Property
  • Barbed Wire
  • Open Lot
  • Heavily Wooded Lot
  • Landscaped with Trees
  • Zoning described as Agricultural Open

Additional Features

  • Pond
  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number R9868

Property Details

Property Type

Land

Est. Annual Taxes

$26

Lot Details

0

Listing Details

  • Directions: From Groesbeck take 937 south approx 9 miles. Turn right onto LCR 791A. Property is on right hand side, last tract before dead end to Sable Creek Ranch.
  • Lot Size Acres: 113.64
  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Road Frontage Type: County Road, State Road, Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: Other
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Recreational, Residential

Exterior Features

  • Fencing: Barbed Wire, Partial
  • Lot Features: Open Lot, Pond, Trees, Wooded
  • Other Structures: Other

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Groesbeck

Lot Info

  • Lot Size Sq Ft: 4950158.0
  • Parcel #: R9868
  • Zoning Description: Agricultural Open
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Oct 4, 2021
Sold by
Niemann Alvin H and Niemann Mary
Bought by
Cox Brandon and Cox Stephanie
Seller's Agent
Michael Miller
Paragon, REALTORS
Buyer's Agent
Michael Miller
Paragon, REALTORS
List Price
$575,000
Current Estimated Value
$792,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%
Original Mortgage
$468,000
Outstanding Balance
$403,790
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$525,210
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
Cox Brandon -- First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Brandon $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold -- -- --
09/04/2021 09/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $575,000 -- --
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 $26 $137,560 $634,200 $115,900
2023 $1,723 $121,540 $461,460 $105,980
2022 $9,046 $403,750 $347,970 $55,780
2021 $174 $311,590 $306,830 $4,760
2020 $182 $311,590 $306,830 $4,760
2019 $194 $266,130 $261,370 $4,760
2018 $162 $230,720 $227,280 $3,440
2017 $152 $225,040 $221,600 $3,440
2016 $162 $207,990 $204,550 $3,440
2015 -- $242,410 $238,640 $3,770
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bryan-College Station Regional Multiple Listing Service

MLS Number: 21007622

Bryan-College Station Regional Multiple Listing Service

APN: R9868