NOT LISTED FOR SALE

535 Ferris Rd Lancaster, TX 75146

Estimated Value: $694,025

10 Acres
$69,402 Price per Acre
435,600 Sq Ft Lot

Last Sold April 26, 2024

Current estimated payment $3,606/month

19 Days on Market

Highlights

  • 10 Acre Lot
  • Agricultural Exemption
  • Perimeter Fence

About This Lot

As of April 2024

Wonderful +- 10 acre tract currently used for ag very close to the new 1.5m sf Walmart distribution center that is about half a mile down Belt Line and the new Niagara Bottling facility that is about a quarter mile away. Property is almost next to Lancaster Airport which is a small regional airport. I-45 is about 3 miles to the east and I-35 is about 5 miles to the west. The immediate area is very dynamic with new developments. Property is completely fenced and shares a couple of water features with the adjacent owners. Many possible uses with investment potential.

Last Agent to Sell the Property

David Gloria

Ebby Halliday, Realtors Brokerage Phone: 214-509-0808 License #0408427 Listed on: 02/20/2024

Ebby Halliday, Realtors

Last Buyer's Agent

Ed Keith

Coldwell Banker Realty Plano License #0640950

Coldwell Banker Realty Plano

Property Details

Property Type

  • Land

Lot Details

  • 10 Acre Lot
  • Perimeter Fence
  • Irregular Lot
  • Few Trees
  • Zoning described as Currently Agricultural.

Schools

  • West Main Elementary School
  • Lancaster Middle School
  • Gw Carver 6Th Grade Middle School
  • Lancaster High School

Farming

  • Agricultural Exemption

Community Details

  • Jones Green Abst 504 Pg 145 Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 Ac / TR 6
  • Assessor Parcel Number 65050414510060000
  • $6,027 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • 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: 214-509-0808
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Fenced, Perimeter
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Unzoned

Schools

  • School District: Lancaster ISD
  • Elementary School: West Main
  • Intermediate School: GW Carver 6th Grade

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Irregular Lot, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 10.0000
  • Parcel Number: 65050414510060000
  • Lot Size Acres: 10.0000
  • Lot Size Sq Ft: 435600.0000
  • Zoning Description: Currently Agricultural.
  • Possible Use: Agricultural, Cattle, Commercial, Dairy, Development, Equine, Exotics, Grazing, Horses, Livestock, Place of Worship, Poultry, Recreational, Residential, Sheep/Goats, Single Family, Other
  • Present Use: Agricultural

Tax Info

  • Unexempt Taxes: 6027
  • Special Taxing Entities: No
  • TaxBlock: TR 6
  • Tax Lot: 10 Ac

MLS Schools

  • Middle School Name: Lancaster
  • Elementary School Name: West Main
  • High School Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 26, 2024
Sold by
Mbatia Arthur
Bought by
Cp Bueller Land Lp
Seller's Agent
David Gloria
Ebby Halliday, Realtors
Buyer's Agent
Ed Keith
Coldwell Banker Realty Plano
List Price
$725,000
Views
16
Current Estimated Value
$694,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.46%
Source: Public Records
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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
Cp Bueller Land Lp -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold -- -- --
03/11/2024 03/11/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $725,000 -- --
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
2025 $21 $650,430 $650,430 --
2024 $21 $250,000 $250,000 --
2023 $19 $250,000 $250,000 $0
2022 $6,599 $250,000 $250,000 $0
2021 $7,140 $250,000 $250,000 $0
2020 $2,959 $100,000 $100,000 $0
2019 $3,054 $100,000 $100,000 $0
2018 $3,054 $100,000 $100,000 $0
2017 $9,860 $321,990 $321,990 $0
2016 $9,860 $321,990 $321,990 $0
2015 $100 $321,990 $321,990 $0
2014 $100 $321,990 $321,990 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20524771

North Texas Real Estate Information Systems (NTREIS)

APN: 65050414510060000