5061 Fm 934 Itasca, TX 76055
Estimated payment $23,006/month
Highlights
- 242.62 Acre Lot
- Pasture
- Cross Fenced
- Pond
- Agricultural
- Many Trees
About This Lot
Set just 10 minutes off I35W and a convenient 30 minute drive from Dallas Fort Worth, this expansive approximately 242.62 acre ranch outside Itasca, TX offers a perfect blend of productive agricultural land and natural beauty. The property features well maintained wheat fields and vast, lush pastures ideal for cattle grazing. In sections you will find large patches of dense hardwoods providing both Scenic beauty and functional cover. Fence lines are kept clean, accessible and tight reflecting the ranches commitment to quality and order. The ranch is enriched with spring fed ponds stocked with bass offering excellent fishing and a reliable water source. Infrastructure includes a large hay barn, equipment shop, and party barn with indoor bar, bedroom & bathroom and outdoor Patio. Perfect for hosting gatherings or accommodating guest or temporary living. This versatile property is ranch ready, ag exempt and provides an excellent opportunity for a working ranch, buy and hold investment, or development opportunity with close proximity to I35W.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,349
Lot Details
- 242.62 Acre Lot
- Cross Fenced
- Lot Has A Rolling Slope
- Many Trees
- 3 Lots in the community
- Zoning described as Outside City Limits, No Zoning
Home Design
- Ranch Property
Outdoor Features
- Pond
Schools
- Itasca Elementary School
- Itasca High School
Farming
- Agricultural
- Pasture
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 118932
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,687 | $1,652,940 | $1,553,540 | $99,400 |
| 2023 | $1,388 | $91,870 | $0 | $0 |
| 2022 | $1,644 | $91,800 | $0 | $0 |
| 2021 | $1,776 | $0 | $0 | $0 |
| 2020 | $1,864 | $0 | $0 | $0 |
| 2019 | $16,923 | $0 | $0 | $0 |
| 2018 | $10,781 | $1,002,020 | $518,470 | $483,550 |
| 2017 | $824 | $0 | $0 | $0 |
| 2016 | $509 | $0 | $0 | $0 |
| 2015 | -- | $465,110 | $459,780 | $5,330 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $4,250,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20954882
APN: 118932
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