NOT LISTED FOR SALE

5848 E Fm 922 Valley View, TX 76272

Estimated Value: $509,000 - $1,279,526

3 Beds
2 Baths
3,050 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 09, 2024

Current estimated payment $4,884/month

10 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Oak Trees
  • Open Floorplan
  • Stables
  • 37.24 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of February 2024

This property is a hidden jewel, sitting on the crown of the historic Mount Olive hilltop between the forks of Lake Ray Roberts, with 360 degree breathtaking views of forest, farmland, & lake views from the main house! A secret passage to a safe room also lies within it's walls. There's plenty of ponds, pasture & a wealth of woods, filled with oak, hickory, cedar, pine, even a few fruit & nut trees! An extensive network of tree lined & open trails to go horseback riding, RVing, hiking, biking, exploring & more. There's an abundance of wildlife & color year round. Hundreds of iris & other wildflowers burst with blooms along the trails in spring. There are 2 additional living quarters, a ranch house & barndominium towards the bottom of the hill, once occupied by the groundskeeper & equestrian trainer, that can make a perfect lodge for family, guests, tenants. Several barns, sheds, workshops, & so much more. You will love exploring Mt. Olive's rich history & making your own memories here!

Last Agent to Sell the Property

Jennifer Long

Ebby Halliday, Realtors Brokerage Phone: 972-987-3800 License #0613121 Listed on: 11/17/2023

Ebby Halliday, Realtors

Last Buyer's Agent

Jenna Hyde-Jones

Briggs Freeman Sotheby's Int'l License #0741779

Briggs Freeman Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1991

Lot Details

  • 37.24 Acre Lot
  • Kennel
  • Dog Run
  • Gated Home
  • Cross Fenced
  • Property is Fully Fenced
  • Barbed Wire
  • Electric Fence
  • Fenced For Cattle
  • Fenced For Horses
  • Pipe Fencing
  • Native Plants
  • Hilly Lot
  • Cleared Lot
  • Oak Trees
  • Cedar Trees
  • Pine Trees
  • Partially Wooded Lot
  • Land Lease

Parking

  • 3 Car Direct Access Garage
  • 2 Attached Carport Spaces
  • Workshop in Garage
  • Inside Entrance
  • Circular Driveway
  • Gravel Driveway
  • Electric Gate
  • Guest Parking
  • Additional Parking

Home Design

  • 3-Story Property
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • Open Floorplan
  • Living Quarters
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Woodwork
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Stove
  • Fireplace Features Blower Fan
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor

Flooring

  • Engineered Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Security Lights
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Doors

Outdoor Features

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

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Pilot Point Elementary And Middle School
  • Pilot Point High School

Farming

  • Electricity in Barn
  • 3 Barns
  • Equipment Barn
  • 3 Stock Tanks or Ponds
  • Agricultural Exemption
  • 19 Acres of Pasture
  • 3 Residences
  • Loafing Shed
  • Agricultural
  • Holding Pens
  • Pasture
  • Cattle or Livestock Pen
  • Cattle Guard

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Water to Barn
  • Round Pen
  • Stables
  • Arena

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Water Filtration System
  • Co-Op Water
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Ccsl Subdivision
  • 3 Separate Water Meters

Listing and Financial Details

  • Assessor Parcel Number 26450
  • Tax Block 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: Three Or More
  • Restrictions: No Known Restriction(s)
  • Accessory Dwelling Type: Guest Quarters
  • Security: Security Gate, Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: Yes
  • Agricultural Exemption YN: Yes
  • Barns Count: 3
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Attribution Contact: 972-987-3800
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Square Footage: 3050.00
  • Windows: Window Coverings
  • Fireplace Features: Blower Fan, Electric, Master Bedroom, Wood Burning Stove
  • Interior Amenities: Built-in Features, Cable TV Available, Central Vacuum, Decorative Lighting, High Speed Internet Available, Natural Woodwork, Open Floorplan, Pantry, Sound System Wiring, Tile Counters, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Simulated Wood, Stone
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Filter, Other
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Other Equipment: Other
  • Room Count: 13

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Easements: Utilities, Water Lines
  • Pool: No
  • Foundation: Slab
  • Fencing: Barbed Wire, Cross Fenced, Electric, Fenced, Full, Gate, Pipe
  • Pasture Acres: 19.00
  • Ranch Name: Adkisson Farms
  • Roof: Composition
  • Soil Type: Rocky/Shale, Sandy Loam
  • Topography: Varied pasture and wooded areas.
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Dog Run, Fire Pit, Rain Gutters, Lighting, Stable/Barn, Storage, Other
  • Number Of Tanks And Ponds: 3
  • Waterfront: No
  • Patio And Porch Features: Covered
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned
  • Garage Spaces: 3
  • Carport Spaces: 2
  • Total Covered Spaces: 5
  • Parking Features: Garage Double Door, Garage Single Door, Additional Parking, Attached Carport, Circular Driveway, Concrete, Covered, Direct Access, Driveway, Electric Gate, Garage, Gravel, Guest, Inside Entrance, Workshop in Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Fireplace(s), Heat Pump, Wood Stove, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: Asphalt, Cable Available, Co-op Water, Electricity Connected, Individual Water Meter, Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Pilot Point ISD
  • Elementary School: Pilot Point
  • Middle School: Pilot Point
  • High School: Pilot Point
  • School District: Pilot Point ISD
  • Elementary School: Pilot Point
  • Intermediate School: Pilot Point

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Hilly, Many Trees, Cedar, Oak, Pine, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 37.2400
  • Parcel Number: 26450
  • Lot Size Acres: 37.2400
  • Lot Size Sq Ft: 1622174.4000
  • Assessor Parcel Number 2: 16053; 16054
  • Possible Use: Agricultural, Barndominium, Cattle, Equine, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Pasture, Ranch, Recreational, Residential, Other
  • Present Use: Agricultural, Cattle, Grazing, Horses, Pasture, Ranch, Recreational, Residential, Other
  • LandLeaseYN: Yes

Green Features

  • Green Landscaping: Native Landscape
  • Efficiency: Appliances, Doors, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1991

Multi Family

  • Number Of Residences: 3
  • Separate Water Meters: 3

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: 27

MLS Schools

  • Middle School Name: Pilot Point
  • Elementary School Name: Pilot Point
  • High School Name: Pilot Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
5848 East Fm 922 Llc
Bought by
Lowe Michael Chad and Lowe Molly M
Current Estimated Value
$877,882

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 13, 2024
Sold by
Thomas Jimmy Alvin
Bought by
5848 East Fm 922 Llc
Seller's Agent
Jennifer Long
Ebby Halliday, Realtors
Buyer's Agent
Jenna Hyde-Jones
Briggs Freeman Sotheby's Int'l
List Price
$1,400,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.07%
Original Mortgage
$1,040,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Lowe Michael Chad -- Chicago Title
Lowe Michael Chad -- Chicago Title
5848 East Fm 922 Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5848 East Fm 922 Llc $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold -- -- --
11/28/2023 11/28/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $1,400,000 -- $459 / 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
2024 $1,210 $349,870 $0 $0
2023 $4,894 $318,064 $0 $0
2022 $5,037 $324,322 $34,000 $290,322
2021 $5,269 $268,212 $26,275 $241,937
2020 $4,969 $238,966 $25,275 $213,691
2019 $4,752 $225,190 $22,456 $202,734
2018 $4,313 $205,729 $22,456 $183,273
2017 $4,106 $195,186 $20,456 $174,730
2015 $2,836 $186,562 $20,319 $166,243
2014 $2,836 $184,886 $20,319 $164,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20476430

North Texas Real Estate Information Systems (NTREIS)

APN: 26450