NOT LISTED FOR SALE

5301 County Road 477 May, TX 76857

Estimated Value: $439,804 - $450,000

2 Beds
1 Bath
938 Sq Ft
$474/Sq Ft Est. Value

Last Sold February 23, 2024

Current estimated payment $2,400/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Basketball Court
  • 42.33 Acre Lot
  • Oak Trees
  • RV Carport
  • Ranch Style House

About This Home

As of February 2024

Heavily wooded Hunters Dream! Completely surrounded by huge low fence ranches, this property is perfect for drawing in big bucks! Small brick farm house built in 1931, has 3 year old shingled roof and fenced yard. 50 amp RV hookup next to house, has a 196 ft depth water well and a 5 year old pressure tank providing water for animals at various locations on property. House is supplied by Zephyr Water and CECA Electric. 1600 sf Pole Barn with hoist trolley, 1200 sf basketball court and volleyball pole set up. Starlink internet available on site. Includes a Bonus Building Site further into the property where a 36x60 ft cinder block concrete filled construction foundation base for pier and beam home was started but not completed. This is a Must See Property for Hunters!

Last Agent to Sell the Property

Herman Merritt

Merritt Real Estate Brokerage Phone: (325) 642-0259 License #0684947 Listed on: 01/01/2024

Co-Listed By

Therisa Merritt

Merritt Real Estate Brokerage Phone: (325) 642-0259 License #0686433

Last Buyer's Agent

Therisa Merritt

Merritt Real Estate Brokerage Phone: (325) 642-0259 License #0686433

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 42.33 Acre Lot
  • Cross Fenced
  • Perimeter Fence
  • Wire Fence
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Rugged
  • Oak Trees
  • Heavily Wooded Lot
  • Mesquite Trees
  • Many Trees
  • Large Grassy Backyard

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 938 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Hall
  • Full Size Washer or Dryer
  • Washer and Gas Dryer Hookup

Parking

  • No Garage
  • 4 Detached Carport Spaces
  • Oversized Parking
  • Lighted Parking
  • Circular Driveway
  • Outside Parking
  • RV Carport

Schools

  • May Elementary And Middle School
  • May High School

Farming

  • Agricultural
  • Pasture

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Co-Op Electric
  • Propane
  • Co-Op Water
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Gray Water System
  • Basketball Court
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 000020045798
  • $546 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

42.33 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Farm/Ranch House
  • Unit Levels: One
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: (325) 642-0259
  • Special Features: None

Interior Features

  • Square Footage: 938.00
  • Interior Amenities: High Speed Internet Available
  • Flooring: Wood
  • Appliances: Dishwasher, Gas Range
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Other Equipment: None
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Cross Fenced, Fenced, Perimeter, Wire
  • Roof: Shingle
  • Soil Type: Clay, Rocky/Shale
  • Construction Materials: Brick
  • Exterior Features: Basketball Court, Gray Water System, RV Hookup

Garage/Parking

  • Cooling System: Electric, Window Unit(s)
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Parking Features: Circular Driveway, Covered, Detached Carport, Lighted, No Garage, Outside, Oversized, RV Access/Parking, RV Carport
  • GarageYN: No

Utilities

  • Heating: Propane, Space Heater
  • LaundryFeatures: Gas Dryer Hookup, In Hall, Full Size W/D Area, Washer Hookup
  • Utilities: Co-op Electric, Co-op Water, Individual Water Meter, Propane, Septic, Well

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: May ISD
  • Elementary School: May

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Lrg. Backyard Grass, Many Trees, Mesquite, Oak, Pasture, Rolling Slope, Rugged, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 42.3300
  • Parcel Number: 000020045798
  • Lot Size Acres: 42.3300
  • Lot Size Sq Ft: 1843894.8000
  • Assessor Parcel Number 2: 22972

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1931
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 546
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: May
  • Elementary School Name: May
  • High School Name: May

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Feb 23, 2024
Sold by
Shipman Jimmy Don and Shipman Amber Rose
Bought by
Howe Edwin Joseph and Nguyen Elizabeth Cu
Seller's Agent
Herman Merritt
Merritt Real Estate
Buyer's Agent
Therisa Merritt
Merritt Real Estate
List Price
$432,000
Views
25
Current Estimated Value
$444,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$332,800
Outstanding Balance
$326,974
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$117,928

Purchase Details

Closed on
Aug 2, 2019
Sold by
Vittallo Lisa Shipman
Bought by
Shipman Jimmy Don and Shipman Amber Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 1, 2014
Sold by
Shipman Melvin K
Bought by
Shipman Jimmy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Howe Edwin Joseph -- Brown County Abstract
Shipman Jimmy Don -- Brown County Abstract Co Inc
Shipman Jimmy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Edwin Joseph $332,800
Previous Owner Shipman Jimmy Don $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold -- -- --
01/08/2024 01/08/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $432,000 -- $461 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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
2025 $1,024 $264,310 $199,670 $64,640
2024 $6 $210,618 $0 $0
2023 $546 $45,278 $0 $0
2022 $205 $39,648 $0 $0
2021 $616 $0 $0 $0
2020 $590 $0 $0 $0
2019 $566 $0 $0 $0
2018 $527 $0 $0 $0
2017 $523 $0 $0 $0
2016 $522 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20502305

North Texas Real Estate Information Systems (NTREIS)

APN: 20045798

Your Personal Tour Guide

Ask me questions while you tour the home.