NOT LISTED FOR SALE

Estimated Value: $856,671

45.96 Acres
$18,639 Price per Acre
2,002,018 Sq Ft Lot

Last Sold January 10, 2023

Current estimated payment $4,513/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • Electricity in Barn
  • 45.96 Acre Lot
  • Agricultural Exemption
  • Central Heating and Cooling System

About This Lot

As of January 2023

This ~46 acre horse and cattle ranch is located near Alvarado, TX, and I35W in Johnson County on a paved county road. Enjoy the incredible view from the main home looking South over your ~12 acre pasture which is currently being grazed but has been used for hay production in the past. Improvements include the 3 bed 2 bath main home, detached garage shop with a 1 bed 1 bath apartment, horse barn with 4 stalls, tack room, and wash station, pole barn, and a large cement floored shop which includes 1 bathroom, office, equipment cage, and 5 overhead rolling doors for easy access. The back of the property consists of entry to Soil Conservation Service Site 31 Reservoir This is a must-see property if you are seeking 40 to 50 acres near town to call your own in North Texas.

Last Agent to Sell the Property

Kyle Graham

Compass RE Texas, LLC. License #0667764 Listed on: 11/21/2022

Compass RE Texas, LLC.

Last Buyer's Agent

Julie Short

Texas Real Estate HQ License #0617057

Property Details

Property Type

  • Land

Lot Details

  • 45.96 Acre Lot
  • Property fronts a county road
  • Cleared Lot
  • Partially Wooded Lot
  • Land Lease

Home Design

  • Ranch Property

Schools

  • Alvarado N Elementary School
  • Alvarado Middle School
  • Alvarado High School

Farming

  • Electricity in Barn
  • 3 Barns
  • Equipment Barn
  • Agricultural Exemption
  • 12 Acres of Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Aerobic Septic System

Listing and Financial Details

  • Assessor Parcel Number 126013300135

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: None
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Barns Count: 3
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Attribution Contact: 214-814-8100
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Pasture Acres: 12.00
  • Soil Type: Sandy Loam
  • Waterfront: No
  • Road Assessment Y N: No
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air

Utilities

  • Heating: Central
  • Utilities: Aerobic Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Alvarado ISD
  • Elementary School: Alvarado N
  • Junior High School: Alvarado

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Cleared
  • Lot Size Units: Acres
  • Lot Size Area: 45.9600
  • Parcel Number: 126013300135
  • Lot Size Acres: 45.9600
  • Lot Size Sq Ft: 2002017.6000
  • Assessor Parcel Number 2: 126232500010,126013300130
  • Subdivided: No
  • Possible Use: Agricultural, Cattle, Commercial, Equine, Grazing, Horses
  • Present Use: Cattle, Vacant
  • LandLeaseYN: Yes

Building Info

  • SeniorCommunityYN: No

Tax Info

  • Special Taxing Entities: No

MLS Schools

  • Elementary School Name: Alvarado N
  • High School Name: Alvarado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 10, 2023
Sold by
Taylor Bonni B
Bought by
Mansfield Racing Stables
Seller's Agent
Kyle Graham
Compass RE Texas, LLC.
Buyer's Agent
Julie Short
Texas Real Estate HQ
List Price
$925,000
Views
23
Current Estimated Value
$856,671
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mansfield Racing Stables -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold -- -- --
11/28/2022 11/28/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $925,000 -- $394 / 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 $87 $502,513 $502,513 --
2024 $93 $5,257 $0 $0
2023 $101 $534,588 $534,588 $0
2022 $110 $490,039 $490,039 $0
2021 $120 $490,039 $490,039 $0
2020 $127 $490,039 $490,039 $0
2019 $129 $490,039 $490,039 $0
2018 $120 $490,039 $490,039 $0
2017 $115 $222,745 $222,745 $0
2016 $102 $222,745 $222,745 $0
2015 $101 $222,745 $222,745 $0
2014 $101 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20210845

North Texas Real Estate Information Systems (NTREIS)

APN: 126-0133-00135