NOT LISTED FOR SALE

5090 Fm 585 Bangs, TX 76823

Estimated Value: $781,802 - $1,807,000

144.85 Acres
$8,936 Price per Acre
6,309,666 Sq Ft Lot

Last Sold January 19, 2024

Current estimated payment $6,895/month

26 Days on Market

Highlights

  • 144.85 Acre Lot
  • 2 Stock Tanks or Ponds
  • Many Trees
  • J.B. Stephens Elementary School Rated A-

About This Lot

As of January 2024

If you're looking for a recreational hunting property with the right kind of land and cover around it, look no further! Has been in Wildlife Management Program since 2020. This hunting property is truly outstanding, with heavy cover, and the right kind of open areas that make this the ultimate hunting tract. Elevation changes, two stock tanks, the largest one having catfish, and a seasonal creek. Older 2 br, 2 bath mobile that needs a little work, that would make the perfect Hunters Camp. Washer-Dryer, full kitchen, yard area, and 2 car carport. Also an old farmhouse that you could fix up to use as storage. Also has cattle loading pens, and a storage shed. Over .30 miles of paved road frontage. Enjoy this ranch for Hunting, Fishing or Recreational Fun!

Last Agent to Sell the Property

Kimon Faubion

Coldwell Banker - Mark Campbell & Assc Brokerage Phone: 325-646-1547 License #0548709 Listed on: 11/07/2023

Coldwell Banker - Mark Campbell & Assc

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $706

Lot Details

  • 144.85 Acre Lot
  • Many Trees
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • J B Stephens Elementary School
  • Bangs Middle School
  • Bangs High School

Farming

  • 2 Stock Tanks or Ponds
  • Agricultural Exemption

Utilities

  • Property is located within a water district

Community Details

  • Tyler Tap R R Co, Sur 35, Abs 1118, Ac 144.85 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000033728
  • $583 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$706

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 325-646-1547
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Number Of Tanks And Ponds: 2
  • RoadFrontageType: FM Road

Utilities

  • Utilities: Asphalt, Rural Water District

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Bangs ISD
  • Elementary School: J B Stephens
  • Middle School: Bangs
  • High School: Bangs
  • School District: Bangs ISD
  • Elementary School: J B Stephens

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Many Trees, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 144.8500
  • Parcel Number: 000000033728
  • Lot Size Acres: 144.8500
  • Lot Size Sq Ft: 6309666.0000
  • Subdivided: No
  • Zoning Description: Not Zoned
  • Possible Use: Grazing, Hunting/Fishing
  • Present Use: Hunting/Fishing

Tax Info

  • Unexempt Taxes: 583

MLS Schools

  • Middle School Name: Bangs
  • Elementary School Name: J B Stephens
  • High School Name: Bangs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Fm 585 Llc
Bought by
Westerfeld Greg Kent and Westerfeld Shelley Renee
Current Estimated Value
$1,294,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,880
Outstanding Balance
$478,848
Interest Rate
6.65%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$1,213,152

Purchase Details

Closed on
Feb 12, 2025
Sold by
Fm 585 Llc
Bought by
Westerfeld Greg and Westerfeld Shelley

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 22, 2024
Sold by
Baker Arnold L and Baker Linda D
Bought by
Fm 585 Llc
Seller's Agent
Kimon Faubion
Coldwell Banker - Mark Campbell & Assc
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$775,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.61%
Original Mortgage
$900,000
Interest Rate
7.03%
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 Buyer Sale Price Title Company
Westerfeld Greg Kent -- None Listed On Document
Westerfeld Greg -- None Listed On Document
Fm 585 Llc -- Brown County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westerfeld Greg Kent $478,880
Closed Westerfeld Greg Kent $478,880
Previous Owner Fm 585 Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold -- -- --
12/04/2023 12/04/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $775,000 -- $469 / 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
2024 $706 $776,910 $745,110 $31,800
2023 $680 $54,540 $0 $0
2022 $780 $54,060 $0 $0
2021 $852 $0 $0 $0
2020 $666 $0 $0 $0
2019 $730 $0 $0 $0
2018 $588 $0 $0 $0
2017 $582 $0 $0 $0
2016 $575 $0 $0 $0
2015 -- $0 $0 $0
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: 20471719

North Texas Real Estate Information Systems (NTREIS)

APN: 33728