NOT LISTED FOR SALE

5550 Marshall Rd Wolfe City, TX 75496

Estimated Value: $456,000 - $1,411,651

3 Beds
2 Baths
2,400 Sq Ft
$389/Sq Ft Est. Value

Last Sold April 14, 2022

Current estimated payment $5,499/month

180 Days on Market

Highlights

  • Equestrian Center
  • RV or Boat Parking
  • 5 Stock Tanks or Ponds
  • Home fronts a creek
  • 185.93 Acre Lot
  • Ranch Style House

About This Home

As of April 2022

TEXAS RANCH AT ITS BEST! Come see for yourself how majestic this 185+ Acres Working Cattle Ranch & Hunting paradise this property really is. This Ranch has much to offer starting with the 3-2-2 Custom Built Home with Metal Studs, 57piers, huge pantry, abundant cabinet space, wood burning fireplace for those cold winter nights & detached 2 car garage with air conditioned studio. There's a 2880 sq ft shop with 2 air conditioned offices, bathroom, 14X14 tool room and 772 sq ft Mezzanine storage area with enclosed room. The 5820 sq ft Barn includes 5 stalls, tack room and equipment parking. The property has some improved pastures & some natural pastures allowing for great grazing & world class hunting like no other

Last Agent to Sell the Property

Lance Banks

CENTURY 21 Patterson Agency License #0555016 Listed on: 08/25/2021

CENTURY 21 Patterson Agency

Co-Listed By

Cody Banks

CENTURY 21 Patterson Agency License #0739801

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1992

Lot Details

  • 185.93 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Gated Home
  • Barbed Wire
  • Pipe Fencing
  • Landscaped
  • Many Trees
  • Large Grassy Backyard

Parking

  • 2-Car Garage with one garage door
  • 3 Carport Spaces
  • Oversized Parking
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • RV or Boat Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Living Quarters
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Metal Fireplace
  • Window Treatments
  • Bay Window

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Rain Gutters

Schools

  • Wolfecity Elementary And Middle School
  • Wolfecity High School

Farming

  • Electricity in Barn
  • Hay Barn
  • 3 Barns
  • Equipment Barn
  • 5 Stock Tanks or Ponds
  • Agricultural Exemption
  • 184 Acres of Pasture
  • 1 Residence
  • Loafing Shed
  • Holding Pens
  • Pasture
  • Cattle or Livestock Pen
  • Fenced For Cattle
  • Fenced For Horses

Horse Facilities and Amenities

  • Equestrian Center
  • Corral
  • Tack Room
  • Water to Barn
  • Round Pen
  • Stables
  • Arena

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Co-Op Electric
  • No City Services
  • Overhead Utilities
  • Property is located within a water district
  • Co-Op Water
  • Aerobic Septic System
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Additional Features

  • Energy-Efficient Appliances
  • Outside City Limits

Community Details

  • North Greenville Ranchettes Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 103035
  • $6,122 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,293

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Ranch, Traditional
  • Structural Style: Apartment, Farm/Ranch House, Single Detached
  • Unit Levels: One
  • Restrictions: Deed
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: Yes
  • Barns Count: 3
  • Ratio Current Price By Building: 593.75000
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Square Footage: 2400.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Blower Fan, Insert, Metal, Wood Burning
  • Interior Amenities: Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Plumbed for Ice Maker, Vented Exhaust Fan
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Other Equipment: Satellite Dish
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Easements: Access, Utilities
  • Pool: No
  • Foundation: Combination
  • Fencing: Barbed Wire, Gate, Pipe
  • Bottom Land Acres: 150.00
  • Pasture Acres: 184.00
  • Ranch Name: Lee Ranch
  • Roof: Composition
  • Soil Type: Unknown
  • Surface Rights: All
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Fire Pit, Rain Gutters, RV/Boat Parking, Stable/Barn, Storage
  • Number Of Tanks And Ponds: 5
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio
  • RoadFrontageType: County Road
  • RoadSurfaceType: Gravel

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: 2-Car Single Doors, Carport, Circular Driveway, Covered, Garage Door Opener, Garage, Garage Faces Rear, Oversized, Workshop in Garage
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Aerobic Septic, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, No City Services, Outside City Limits, Overhead Utilities, Phone Available, Rural Water District

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Wolfe City ISD
  • Elementary School: Wolfecity
  • Middle School: Wolfecity
  • High School: Wolfecity
  • School District: Wolfe City ISD
  • Elementary School: Wolfecity
  • High School: Wolfecity

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Bottom, Few Trees, Landscaped, Lrg. Backyard Grass, Many Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 185.9310
  • Parcel Number: 103035
  • Lot Size Acres: 185.9310
  • Lot Size Sq Ft: 8099154.3600
  • Possible Use: Agricultural, Cattle, Equine, Fishery, Grazing, Hunting/Fishing, Poultry, Single Family, Sheep/Goats
  • Present Use: Agricultural, Cattle, Grazing, Horses, Hunting/Fishing, Livestock, Single Family
  • LandLeaseYN: No

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1992

Multi Family

  • Number Of Residences: 1
  • WaterfrontFeatures: Creek

Tax Info

  • Unexempt Taxes: 6122
  • Tax Lot: 15

MLS Schools

  • MiddleOrJuniorSchool: Wolfecity
  • Middle School Name: Wolfecity
  • Elementary School Name: Wolfecity
  • High School Name: Wolfecity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Apr 14, 2022
Sold by
Doug Lee
Bought by
Collins Anita K and Collins William L
Seller's Agent
Lance Banks
CENTURY 21 Patterson Agency
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$1,495,000
Current Estimated Value
$933,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.90%
Original Mortgage
$712,500
Outstanding Balance
$675,321
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$255,536
Source: Public Records

Range of Values:

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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
Collins Anita K -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Anita K $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold -- -- --
02/21/2022 02/21/22 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,495,000 -- $623 / 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
2025 $6,293 $424,380 $37,950 $386,430
2024 $6,293 $430,060 $34,350 $395,710
2023 $6,293 $477,420 $36,350 $441,070
2022 $7,176 $422,774 $0 $0
2021 $6,638 $363,680 $24,440 $339,240
2020 $6,505 $361,650 $25,020 $336,630
2019 $6,526 $350,130 $25,330 $324,800
2018 $5,779 $275,450 $24,600 $250,850
2017 $5,562 $275,500 $23,880 $251,620
2016 $5,133 $244,510 $23,450 $221,060
2015 $3,486 $173,630 $22,830 $150,800
2014 $3,486 $173,990 $22,310 $151,680
Source: Public Records

Agents Affiliated with this Home

  • Lance Banks

    Seller's Agent in 2022

    Lance Banks

    CENTURY 21 Patterson Agency

    (903) 453-5051

    183 Total Sales

    Lance Banks
    Section Image
  • Cody Banks

    Seller Co-Listing Agent in 2022

    Cody Banks

    CENTURY 21 Patterson Agency

    (903) 453-7788

    155 Total Sales

    Cody Banks
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14656376

North Texas Real Estate Information Systems (NTREIS)

APN: 103035

Texas Hunt County Wolfe City 75496

5550 Marshall Rd, Wolfe City, TX

This home is located at 5550 Marshall Rd, Wolfe City, TX 75496 since 25 August 2021 and is currently estimated at $933,826, approximately $389 per square foot. This property was built in 1992. 5550 Marshall Rd is a home located in Hunt County with nearby schools including Wolfe City Elementary School, Wolfe City Middle School, and Wolfe City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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