$350,000
SOLD JUL 8, 2024
Last list price

5205 Fm 279 Ben Wheeler, TX 75754

23 Acres
$15,217 Price per Acre
1,001,880 Sq Ft Lot

Recently Sold

84 Days on Market

Highlights

  • 23 Acre Lot
  • Rhodes Elementary School Rated A
  • Interior Lot

About This Lot

As of July 2024

23 +- acres along FM 279, between Edom and downtown Ben Wheeler. Great value-add opportunity for small ranch or multiple residences.

Electrical access.
Includes deep well, old house, and shed.
Less than 80 miles from Dallas; 20 miles from Tyler.
15 minutes from I-20; 10 minutes from HWY 64.
20 minutes from Canton and famous First Monday trade show.

Last Agent to Sell the Property

Matthew Marshall

Drake Real Estate & Investment Brokerage Phone: 903-581-3737 License #0544812 Listed on: 03/05/2024

Last Buyer's Agent

Frank Roberts

RE/MAX Landmark License #0524424

RE/MAX Landmark

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,415

Lot Details

  • 23 Acre Lot
  • Interior Lot
  • Irregular Lot
  • Few Trees
  • Zoning described as Unzoned

Schools

  • Rhodes Elementary School
  • Van Middle School
  • Van High School

Listing and Financial Details

  • Assessor Parcel Number R000027352

Property Details

Property Type

Land

Est. Annual Taxes

$2,415

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 903-581-3737
  • Special Features: None

Exterior Features

  • Easements: None
  • RoadFrontageType: FM Road

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Van ISD
  • Elementary School: Rhodes
  • Middle School: Van
  • High School: Van
  • School District: Van ISD
  • Elementary School: Rhodes
  • Intermediate School: Van
  • Junior High School: Van

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Interior Lot, Irregular Lot
  • Lot Size Units: Acres
  • Lot Size Area: 23.0000
  • Parcel Number: R000027352
  • Lot Size Acres: 23.0000
  • Lot Size Sq Ft: 1001880.0000
  • Zoning Description: Unzoned

MLS Schools

  • Middle School Name: Van
  • Elementary School Name: Rhodes
  • High School Name: Van

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 27, 2024
Sold by
Lb Turkey Creek Llc
Bought by
Norton Tome
Seller's Agent
Matthew Marshall
Drake Real Estate & Investment
Buyer's Agent
Frank Roberts
RE/MAX Landmark
List Price
$350,000
Sold Price
$350,000
Views
118

Purchase Details

Closed on
Jun 28, 2019
Sold by
Gl Turkey Llc
Bought by
Lb Turkey Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 10, 2018
Sold by
Mullins William Michael and Adams Leona Renay
Bought by
G And L Turke Creek Development Llc
Seller's Agent
Danae Oglesby
Stewart & McGee Real Estate, LLC.
Buyer's Agent
Danae Oglesby
Stewart & McGee Real Estate, LLC.
List Price
$99,900
Sold Price
$99,900
Source: Public Records

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Range of Values:

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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
Warranty Deed -- None Listed On Document
Vendors Lien -- Van Zandt County Abstract
Warranty Deed -- Elliott & Waldron Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 For Sale $500,000 +88.0% --
01/28/2025 01/28/25 For Sale $266,000 -87.7% --
10/18/2024 10/18/24 For Sale $2,156,500 +516.1% --
07/08/2024 07/08/24 Sold -- -- --
05/29/2024 05/29/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $350,000 +250.4% --
04/09/2018 04/09/18 Sold -- -- --
02/28/2018 02/28/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $99,900 -- $104 / 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
2023 $2,415 $170,650 $165,480 $5,170
2022 $2,376 $158,840 $153,750 $5,090
2021 $2,225 $114,930 $110,610 $4,320
2020 $2,328 $0 $0 $0
2019 $2,152 $0 $0 $0
2018 $2,773 $0 $0 $0
2017 $924 $0 $0 $0
2016 $836 $0 $0 $0
2015 $190 $0 $0 $0
2014 $182 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Roberts

    Seller's Agent in 2025

    Frank Roberts

    RE/MAX Landmark

    (972) 524-0689

    228 Total Sales

    Frank Roberts
    Section Image
  • Matthew Marshall

    Seller's Agent in 2024

    Matthew Marshall

    Drake Real Estate & Investment

    (903) 443-5894

    135 Total Sales

    Matthew Marshall
    Section Image
  • Danae Oglesby

    Seller's Agent in 2018

    Danae Oglesby

    Stewart & McGee Real Estate, LLC.

    (903) 292-3339

    123 Total Sales

    Danae Oglesby
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20552921

North Texas Real Estate Information Systems (NTREIS)

APN: R000027352

Texas Van Zandt County Ben Wheeler 75754

5205 Fm 279, Ben Wheeler, TX

This home is located at 5205 Fm 279, Ben Wheeler, TX 75754 and is currently priced at $350,000. 5205 Fm 279 is a home located in Van Zandt County with nearby schools including Rhodes Elementary School, Van Intermediate School, and Van Middle School.

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