NOT LISTED FOR SALE

562 Private Road 7370 Point, TX 75472

13.51 Acres
-- Price per Acre
588,408 Sq Ft Lot

Last Sold February 12, 2024

92 Days on Market

Highlights

  • Home fronts a creek
  • RV Hookup
  • Partially Wooded Lot
  • Rains Elementary School Rated A-
  • 13.51 Acre Lot
  • Fire Pit

About This Lot

As of February 2024

PRICE DROP in time for HUNTING SEASON! Buy this peaceful acreage with wildlife incl DEER. Features incl: Canopy of trees, Walking trails, Gated Campsite, RV parking areas w-110 and 220 v. electric RV plug-ins (placed 2017), Meandering Trickling Creek, Nature Trail along the Creek beyond which is a lg Open Pasture surrounded w-Trees. Sellers left Deer Feeders, Wooden Stands, and 16' metal Tripod Stands (2 each); 1 ladder stand, even Frisbee Golf components. An excellent opportunity to Hunt, Photograph and Watch Nature, Wildlife. Mileage from: Rockwall-45; Dallas-80; Tyler-55. Minutes to Lakes Fork and Tawakoni. Ideal recreation spot to unwind, camp in a tent or RV, or one day, clear a spot to build a cabin or your home. Per Rains CAD, no current Ag exemption, wildlife requires 20 acres but w-their protocol, could be established in 5 years for bee-keeping to save on property taxes. Wear boots for safe walking, bring a 4-wheeler for easier access to the rest of the acreage.

Last Agent to Sell the Property

Christina Gourley

Brokerage Phone: 972-599-7000 License #0686849 Listed on: 08/17/2023

Co-Listed By

Kimberly Davis

Keller Williams Legacy Brokerage Phone: 972-599-7000 License #0480787

Last Buyer's Agent

Peggy Selby

Peggy Selby License #0191887

Property Details

Property Type

  • Land

Lot Details

  • 13.51 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Gated Home
  • Brush Vegetation
  • Irregular Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Many Trees
  • Zoning described as No Zoning info

Parking

  • RV Hookup

Schools

  • Rains Elementary And Middle School
  • Rains High School

Additional Features

  • Outside City Limits
  • Co-Op Electric

Listing and Financial Details

  • Assessor Parcel Number R2026
  • $1,721 per year unexempt tax
  • Special Tax Authority

Community Details

Overview

  • Greenbelt

Recreation

  • Fire Pit

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Animals, Building
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 972-599-7000
  • Special Features: None

Exterior Features

  • Easements: Other
  • Fencing: Gate
  • Exterior Features: Fire Pit, RV Hookup
  • Waterfront: No
  • RoadFrontageType: Private Road
  • RoadSurfaceType: Gravel

Utilities

  • Utilities: All Weather Road, Co-op Electric, Electricity Available, Gravel/Rock, Outside City Limits, Private Road

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Rains ISD
  • Elementary School: Rains
  • Intermediate School: Rains
  • Junior High School: Rains

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Brush, Cleared, Greenbelt, Irregular Lot, Many Trees, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 13.5080
  • Parcel Number: R2026
  • Lot Size Acres: 13.5080
  • Lot Size Sq Ft: 588408.4800
  • Zoning Description: No Zoning info
  • Possible Use: Agricultural, Hunting/Fishing, Recreational, Other
  • Present Use: Hunting/Fishing, Recreational

Tax Info

  • Unexempt Taxes: 1721
  • Special Taxing Entities: Yes

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • Elementary School Name: Rains
  • High School Name: Rains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Feb 12, 2024
Sold by
Yaw Jammie and Yaw Kelly
Bought by
Skelton Weston Joel
Seller's Agent
Christina Gourley
Buyer's Agent
Peggy Selby
Peggy Selby
List Price
$140,000
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,300
Outstanding Balance
$92,607
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Sexton Larry and Sexton Brenda B
Bought by
Cox Christopher and Lendl Malory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Skelton Weston Joel -- None Listed On Document
Cox Christopher -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skelton Weston Joel $100,300
Previous Owner Cox Christopher $37,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold -- -- --
11/18/2023 11/18/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $125,000 -10.7% --
08/17/2023 08/17/23 For Sale $140,000 -- --
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 $1,780 $133,024 $133,024 --
2024 $1,772 $133,024 $133,024 --
2023 $1,772 $120,931 $120,931 $0
2022 $1,721 $100,776 $100,776 $0
2021 $1,900 $100,776 $100,776 $0
2020 $1,006 $53,212 $53,212 $0
2019 $1,048 $53,212 $53,212 $0
2018 $1,046 $53,212 $53,212 $0
2017 $1,128 $56,273 $56,273 $0
2016 $652 $32,526 $32,526 $0
2015 -- $43,145 $43,145 $0
2014 -- $39,945 $39,945 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20405754

North Texas Real Estate Information Systems (NTREIS)

APN: R2026