NOT LISTED FOR SALE

5754 Fm 514 Point, TX 75472

Estimated Value: $742,000

44 Acres
$16,841 Price per Acre
1,919,254 Sq Ft Lot

Last Sold December 20, 2018

Current estimated payment $4,361/month

Highlights

  • Barn
  • 44.06 Acre Lot
  • Pond
  • Stables
  • Deck
  • Vaulted Ceiling

About This Lot

As of December 2018

Private 44 ac family-owned estate, close to Dallas, nestled between two well-known East TX Lakes (Fork & Tawakoni)w-tremendous amount of road frontage on FM 514, CR 4410 and CR 4412, giving potential to splitting in smaller tracts.A main house overlooking the front fields and pond. The ranch home boasts an inviting 3,424 sq ft, 5BR, 3BA, 2 LR, 2 DR spacious kitchen.This turn-key facility provides for open pasture of improved grasses, mature trees,past oats & wheat crop rotation,cattle guards,fenced & cross fenced,3 ponds,1 barn, 1 loafing shed,1 shed,7 stalls,individual paddocks,front entrance gate. Old cistern, not potable. Perfect ranch setting for animal lovers, retirees, or a weekend home to get away from the city.

Last Agent to Sell the Property

Wendy Johnson, ALC

Texas Landmark Properties License #0621035 Listed on: 12/20/2018

Texas Landmark Properties

Last Buyer's Agent

NON MEMBER AGENT

NON MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1967

Lot Details

  • 44.06 Acre Lot
  • Cross Fenced
  • Wood Fence
  • Aluminum or Metal Fence
  • Level Lot
  • Sprinkler System
  • Drought Tolerant Landscaping

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,424 Sq Ft Home
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Open Floorplan
  • Home Office
  • Library
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Outdoor Features

  • Pond
  • Deck
  • Outbuilding
  • Porch

Schools

  • Miller Grove Elementary And Middle School
  • Miller Grove High School

Farming

  • Barn

Horse Facilities and Amenities

  • Corral
  • Tack Room
  • Stables

Utilities

  • Central Air
  • Electricity To Lot Line
  • Propane
  • Co-Op Water
  • Well
  • Electric Water Heater
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$3,578

Year Built

Built in 1967

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 5754 FM 514
  • Second Address Number: 5754
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Private 44 ac family-owned estate, close to Dallas, nestled between two well-known East TX Lakes (Fork & Tawakoni)w-tremendous amount of road frontage on FM 514, CR 4410 and CR 4412, giving potential to splitting in smaller tracts.A main house overlooking the front fields and pond. The ranch home boasts an inviting 3,424 sq ft, 5BR, 3BA, 2 LR, 2 DR spacious kitchen.This turn-key facility provides for open pasture of improved grasses, mature trees,past oats & wheat crop rotation,cattle guards,fenced & cross fenced,3 ponds,1 barn, 1 loafing shed,1 shed,7 stalls,individual paddocks,front entrance gate. Old cistern, not potable. Perfect ranch setting for animal lovers, retirees, or a weekend home to get away from the city.
  • OFFICELIST_STATE: TX
  • Building Style: Traditional, Ranch
  • TELEVISIONACCESS: Unknown
  • Warranty: See Seller's Disclosure
  • YearOfConstruction: 1967
  • Crops Grasses: Coastal
  • ROADTYPEACCESS: County Maintained Road, All Weather
  • Survey Available: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1967

Interior Features

  • Primary Bathroom: Shower and Tub, Walk-In Closet, Ceramic Tile
  • Master Bedroom: All Bedrooms Downstairs, Walk-In Closet
  • Number of Dining Areas: Separate Formal Dining, Formal Living Combo, Kitchen/Eating Combo, Breakfast Room
  • Energy Efficiency: Other/See Remarks
  • Fireplace: Wood Burning, Gas Logs
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Paneling, Ceiling Fan, Security System, Vaulted Ceilings
  • Kitchen Equipment: Range/Oven-Electric, Dishwasher, Microwave, Other/See Remarks
  • Master Bedroom: Separate Formal Living, Game Room, Office, Family Room, Utility Room, Library/Study, Sunroom, Other/See Remarks, 2 Living Areas
  • Source of Sq Ft: Owner
  • Land Features: Pond
  • ROADSURFACEINTERIOR: Asphalt, Gravel, All Weather

Exterior Features

  • Exterior Construction: Brick and Wood
  • Easements: Other/See Remarks
  • Fencing: Wood Fence, Metal Fence, Cross Fence, Other/See Remarks
  • Exterior: Deck Open, Sprinkler System, Other/See Remarks, Porch
  • Foundation: Slab
  • Out Buildings: Metal Outbuilding(s), Stable(s), Tack Room, Barn, Corral(s)
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: No
  • Water View: No
  • Soil Type: Sandy Loam
  • Topography: Level, Sloped

Garage/Parking

  • Driveway: Paved
  • Garage Spaces: 2
  • Garage/Carport Description: Other/See Remarks

Utilities

  • Cooling: Central Electric
  • Electric: Electric Onsite
  • Gas Company: LP Gas Onsite
  • Heating: Central Electric
  • Sewer: Conventional Septic Sys
  • Hot Water: Well, Cooperative
  • Water Heater: Standard-Electric

Fee Information

  • Tax Class: FARMS & RANCHES

Schools

  • Elementary School: Miller Grove
  • Middle School: Miller Grove
  • Elementary School: Miller Grove
  • High School: Miller Grove
  • Middle School: Miller Grove

Green Features

  • Certified Green: Drought Tolerant Plants

Lot Info

  • Total Acres: 44.06
  • Timber Type: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Dec 18, 2018
Sold by
Knowles Lewis Kip
Bought by
Adams Jeffrey and Adams Frances Rachea
Seller's Agent
Wendy Johnson, ALC
Texas Landmark Properties
Buyer's Agent
NON MEMBER AGENT
NON MEMBER OFFICE
Current Estimated Value
$742,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$320,400
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Adams Jeffrey -- Republic Title Of Texas Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jeffrey $305,000
Closed Adams Jeffrey $320,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold -- -- --
12/20/2018 12/20/18 Sold -- -- --
12/20/2018 12/20/18 Pending -- -- --
11/02/2018 11/02/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $474,500 -- $164 / Sq Ft
Source: Greater Tyler Association of REALTORS®

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 $3,578 $218,674 $0 $0
2022 $4,270 $227,302 $0 $0
2021 $3,887 $0 $0 $0
2020 $3,790 $0 $0 $0
2019 $3,393 $345,492 $194,547 $150,945
2018 $2,707 $135,398 $7,109 $128,289
2017 $2,511 $127,518 $6,902 $120,616
2016 $2,304 $110,782 $5,336 $105,446
2015 -- $108,850 $5,232 $103,618
2014 -- $107,501 $3,883 $103,618
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Wendy Johnson, ALC

    Texas Landmark Properties

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Bailey Reid

    Texas Landmark Properties

  • N

    Buyer's Agent in 2018

    NON MEMBER AGENT

    NON MEMBER OFFICE

  • L

    Buyer's Agent in 2018

    Larry Fritts

    Lone Star Realty

    (214) 460-5004

    3 Total Sales

    Section Image
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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 10095688

Greater Tyler Association of REALTORS®

APN: R1176

Texas Rains County Point 75440

5754 Fm 514, Point, TX

This home is located at 5754 Fm 514, Point, TX 75472 since 20 December 2018 and is currently estimated at $742,000, approximately $216 per square foot. This property was built in 1967. 5754 Fm 514 is a home located in Rains County with nearby schools including Miller Grove 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.

Greater Tyler Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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