NOT LISTED FOR SALE

648 Jim Cannon Rd van Alstyne, TX 75495

Estimated Value: $1,112,000 - $1,522,911

33 Acres
$39,517 Price per Acre
1,452,247 Sq Ft Lot

Last Sold July 29, 2022

Current estimated payment $7,713/month

154 Days on Market

Highlights

  • Horses Allowed On Property
  • 33.34 Acre Lot
  • Agricultural Exemption
  • Senior Community
  • Pasture
  • Partially Fenced Property

About This Lot

As of July 2022

Incredible Land Opportunity located in Van Alystne. Investors, Developers and Luxury Home Builders will appreciate this beautiful property and location of 33+ acres, with over a 1500 ft. plus of road frontage facing Jim Cannon Road. Easy access to highway 5. Current Luxury Home Builder development directly across the street which enhances the value of this property. Utilities available and 2 wells on site.

Last Agent to Sell the Property

Lea Adamski

Coldwell Banker Apex, REALTORS License #0484100 Listed on: 01/17/2022

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Todd Milligan

Designer Realty License #0742321

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,750

Lot Details

  • 33.34 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Barbed Wire
  • Aluminum or Metal Fence
  • Level Lot
  • Cleared Lot
  • Many Trees
  • Zoning described as Agricultural,Multi-Family,Residential

Home Design

  • Ranch Property

Schools

  • John And Nelda Partin Elementary School
  • Van Alstyne Middle School
  • Van Alstyne High School

Farming

  • Agricultural Exemption
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Co-Op Electric
  • Overhead Utilities
  • Co-Op Water
  • Well
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 202251

Community Details

Overview

  • Senior Community
  • Cain Tract Subdivision

Building Details

  • 1 Separate Water Meter

Property Details

Property Type

Land

Est. Annual Taxes

$6,750

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Special Features: None

Exterior Features

  • Easements: Access, Electric, Telephone, Utilities, Water Lines
  • Fencing: Barbed Wire, Metal, Partial
  • Soil Type: Unknown
  • Surface Rights: Easement
  • Waterfront: No
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, Cable Available, Concrete, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Natural Gas Available, Overhead Utilities, Septic, Sewer Not Available, Well
  • Number Of Wells: 2

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned, Utilities Installed

Schools

  • School District: Van Alstyne ISD
  • Elementary School: John and Nelda Partin
  • High School: Van Alstyne
  • School District: Van Alstyne ISD
  • Elementary School: John and Nelda Partin
  • Intermediate School: Van Alstyne
  • High School: Van Alstyne

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Few Trees, Level, Many Trees, Pasture, Rolling Slope
  • Lot Size Units: Acres
  • Lot Size Area: 33.3390
  • Parcel Number: 202251
  • Lot Size Acres: 33.3390
  • Lot Size Sq Ft: 1452246.8400
  • Zoning Description: Agricultural,Multi-Family,Residential
  • Possible Use: Agricultural, Commercial, Development, Mixed Use, Multi-Family, Single Family
  • Present Use: Agricultural

Building Info

  • SeniorCommunityYN: Yes

Multi Family

  • Separate Water Meters: 1

MLS Schools

  • MiddleOrJuniorSchool: Van Alstyne
  • Elementary School Name: John and Nelda Partin
  • High School Name: Van Alstyne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Gm Elite Homes Llc
Bought by
Land Of America Inc
Current Estimated Value
$1,312,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,500
Outstanding Balance
$1,388,778
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$221,030

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jul 29, 2022
Sold by
Cain Daniel R and Cain Kristin E
Bought by
Gm Elite Homes Llc
Seller's Agent
Lea Adamski
Coldwell Banker Apex, REALTORS
Buyer's Agent
Todd Milligan
Designer Realty
List Price
$1,998,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.15%
Original Mortgage
$800,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2013
Sold by
Hess Forrest A and Hess Sharon M
Bought by
Cain Daniel R and Cain Kristin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Land Of America Inc -- Providence Title
Gm Elite Homes Llc -- Providence Title
Cain Daniel R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Land Of America Inc $1,396,500
Previous Owner Gm Elite Homes Llc $800,000
Previous Owner Cain Daniel R $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $1,998,000 0.0% $2,449 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $1,998,000 -46.7% $2,449 / Sq Ft
03/11/2022 03/11/22 For Sale $3,750,000 0.0% $4,596 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/16/2022 02/16/22 Price Changed $3,750,000 +36.4% $4,596 / Sq Ft
02/16/2022 02/16/22 Price Changed $2,750,000 -26.7% $3,370 / Sq Ft
01/17/2022 01/17/22 For Sale $3,750,000 -- $4,596 / 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 $6,750 $403,281 $0 $0
2023 $7,159 $427,078 $308,618 $118,460
2022 $3,568 $191,572 $0 $0
2021 $3,488 $180,319 $102,896 $77,423
2020 $3,406 $160,353 $84,467 $75,886
2019 $3,432 $198,531 $125,980 $72,551
2018 $3,165 $139,952 $71,362 $68,590
2017 $2,803 $128,878 $62,966 $65,912
2016 $2,696 $123,952 $62,916 $61,036
2015 $2,138 $119,959 $62,841 $57,118
2014 $2,101 $110,918 $53,800 $57,118
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lea Adamski

    Coldwell Banker Apex, REALTORS

    (972) 965-7611

    33 Total Sales

    Section Image

  • T

    Buyer's Agent in 2022

    Todd Milligan

    Designer Realty

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14741239

North Texas Real Estate Information Systems (NTREIS)

APN: 202251

Texas Grayson County Van Alstyne 75495

648 Jim Cannon Rd, Van Alstyne, TX

This home is located at 648 Jim Cannon Rd, van Alstyne, TX 75495 since 17 January 2022 and is currently estimated at $1,317,456, approximately $1,614 per square foot. 648 Jim Cannon Rd is a home located in Grayson County with nearby schools including John & Nelda Partin Elementary School, Van Alstyne Middle School, and Van Alstyne High School.

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