NOT LISTED FOR SALE

6955 S Fm 51 Boyd, TX 76023

Estimated Value: $1,800,114

20.79 Acres
$86,586 Price per Acre
905,612 Sq Ft Lot

Last Sold June 15, 2021

Current estimated payment $12,264/month

157 Days on Market

Highlights

  • Horse Facilities
  • Equestrian Center
  • RV Parking in Community
  • Paradise Intermediate School Rated A-
  • RV or Boat Parking
  • Gated Community

About This Lot

As of June 2021

Salt Creek is a family owned and operated income producing ranch located in the heart of North Texas on 20.79 acres. 12 miles south of Decatur, road frontage on FM 51 and quick access to Hwy 114 and Hwy 287 and only 30mins from DFW. Salt Creek accommodates everything from travelers, rodeo events, weddings to corporate events. Enter through the large automatic gate into an incredible layout of private office suites, kitchen, barns, arenas, with views from the top of the hill.

Last Agent to Sell the Property

Melaina Middleton

Texas Landmark Realtors License #0588607 Listed on: 12/05/2020

Last Buyer's Agent

Kate Hogan

Keller Williams Heritage West License #0668947

Keller Williams Heritage West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,090

Year Built

  • Built in 1990

Lot Details

  • 20.79 Acre Lot
  • Dog Run
  • Gated Home
  • Cross Fenced
  • Barbed Wire
  • Pipe Fencing
  • Landscaped
  • Lot Has A Rolling Slope
  • Few Trees
  • Zoning described as Agricultural,Residential

Parking

  • RV or Boat Parking

Home Design

  • Ranch Property

Interior Spaces

  • Living Quarters

Schools

  • Paradise Elementary And Middle School
  • Paradise High School

Farming

  • Electricity in Barn
  • Hay Barn
  • Equipment Barn
  • 2 Stock Tanks or Ponds
  • Agricultural Exemption
  • Loafing Shed
  • Holding Pens
  • Mare Motel
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Wash Rack
  • Horses Allowed On Property
  • Show Barn
  • Tack Room
  • Water to Barn
  • Round Pen
  • Indoor Arena
  • Stables
  • Arena

Utilities

  • Co-Op Electric
  • Well
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number A1182030401
  • Tax Block 94
  • $13,201 per year unexempt tax

Community Details

Recreation

  • Horse Facilities
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Additional Features

  • RV Parking in Community
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$33,090

Year Built

Built in 1990

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

Interior Features

  • Other Equipment: Satellite Dish

Exterior Features

  • Easements: Electric, Utilities
  • Community Features: Gated, Horse Facilities, RV Parking
  • Fencing: Barbed Wire, Cross Fenced, Gate, Pipe
  • Soil Type: Sandy Loam, Unknown
  • Surface Rights: Easement
  • Exterior Features: Balcony, Covered Deck, Covered Patio/Porch, Dog Run, Rain Gutters, Lighting, Other, RV/Boat Parking, Stable/Barn, Storage
  • Number Of Tanks And Ponds: 2
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck
  • RoadFrontageType: FM Road

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: All Weather Road, Co-op Electric, Septic, Well
  • Number Of Wells: 2

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Paradise ISD
  • Elementary School: Paradise
  • Intermediate School: Paradise
  • High School: Paradise

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Landscaped, Pasture, Rolling Slope, Tank/ Pond, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 20.7900
  • Parcel Number: A1182030401
  • Lot Size Acres: 20.7900
  • Lot Size Sq Ft: 905612.4000
  • Zoning Description: Agricultural,Residential
  • Possible Use: Agricultural, Cattle, Commercial
  • Present Use: Agricultural, Cattle, Grazing, Horses, Other

Building Info

  • Year Built: 1990

Tax Info

  • Unexempt Taxes: 13201
  • TaxBlock: 94

MLS Schools

  • MiddleOrJuniorSchool: Paradise
  • Middle School Name: Paradise
  • Elementary School Name: Paradise
  • High School Name: Paradise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jun 15, 2021
Sold by
Wagner Andrew and Gulbranson Christina
Bought by
Cornerwealth Holdings Llc
Seller's Agent
Melaina Middleton
Texas Landmark Realtors
Buyer's Agent
Kate Hogan
Keller Williams Heritage West
List Price
$2,500,000
Current Estimated Value
$1,800,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$1,200,000
Outstanding Balance
$732,091
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,068,023

Purchase Details

Closed on
Jul 5, 2016
Sold by
Baker Terry and Baker Judy
Bought by
Wagner Andrew and Gulbranson Cristina
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
Cornerwealth Holdings Llc -- Title Resources
Wagner Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornerwealth Holdings Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold -- -- --
05/11/2021 05/11/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $1,695,000 -13.1% --
01/23/2021 01/23/21 Price Changed $1,950,000 -22.0% --
12/05/2020 12/05/20 For Sale $2,500,000 -- --
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 $33,090 $2,209,851 $383,497 $1,826,354
2024 $33,090 $2,199,769 $383,497 $1,816,272
2023 $27,352 $1,961,522 $383,496 $1,578,026
2022 $27,245 $1,745,608 $309,184 $1,436,424
2021 $16,797 $1,006,190 $255,760 $750,430
2020 $13,201 $788,920 $207,080 $581,840
2019 $14,016 $799,360 $207,080 $592,280
2018 $13,832 $779,260 $175,890 $603,370
2017 $12,347 $695,560 $154,280 $541,280
2016 $6,237 $685,170 $143,890 $541,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14482066

North Texas Real Estate Information Systems (NTREIS)

APN: A1182030401