$2,470,000
SOLD FEB 10, 2025
Last list price

7014 Fm 879 Palmer, TX 75152

130 Acres
$19,000 Price per Acre
5,662,800 Sq Ft Lot

Recently Sold

$1,178 Per Sq Ft

192 Days on Market

Highlights

  • Horses Allowed On Property
  • 2 Stock Tanks or Ponds
  • Space Heater
  • 130 Acre Lot
  • Cooling Available
  • Barbed Wire

About This Lot

As of February 2025

Located just north & east of Ennis on FM 879. A thriving community of commercial and residential developments. New Companies are developing new production facilities. FRESHPET, just opened a large production facility with new 600 jobs. Ennis has many interesting event, Blue Bonnet Festival, Polka Festival, etc. Let your imagination wonder on the possibilities: Great location of gently rolling grassland, or agricultural production, could be ideal for residential development. Part of the property is presently leased for cattle grazing & hey production. In times past, the land has supported a wide variety of agricultural cultivation. This property, held in the same Family for for over 60 years. The main structure of the family home, at one time quite nice, not update and needs lot's of repairs work. Year built on the Tax Appraisal is incorrect Seller's do not know but think structure is older than 1940. Not the main attraction of the property. Property is marketed in it's entirety

Last Agent to Sell the Property

Gisela Deen

Keller Williams Realty Brokerage Phone: 972-240-4416 License #0447840 Listed on: 07/29/2024

Keller Williams Realty

Last Buyer's Agent

Kavitha Pindi

DHS Realty License #0722035

DHS Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1940

Lot Details

  • 130 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Electric Fence
  • Irregular Lot
  • Undivided Lot
  • Zoning described as Unknown.

Home Design

  • Ranch Property

Schools

  • Bowie Elementary School
  • Ennis Middle School
  • Ennis High School

Farming

  • 1 Barn
  • Equipment Barn
  • 2 Stock Tanks or Ponds
  • Agricultural Exemption
  • Agricultural

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Co-Op Water
  • Septic Tank

Community Details

  • R Pena Subdivision

Listing and Financial Details

  • Assessor Parcel Number 177717
  • $1,848 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$2,300

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Easement(s), Pipeline
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Barns Count: 1
  • Horse Permitted Y N: Yes
  • Attribution Contact: 972-240-4416
  • Special Features: None

Exterior Features

  • Easements: Natural Gas, Pipeline
  • Fencing: Barbed Wire, Electric, Fenced
  • Soil Type: Unknown
  • Surface Rights: Exist
  • Number Of Tanks And Ponds: 2
  • Road Assessment Y N: Yes
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Electric

Utilities

  • Heating: Electric, Propane, Space Heater
  • Utilities: Co-op Water, Electricity Available, Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned, Other

Schools

  • School District: Ennis ISD
  • Elementary School: Bowie
  • High School: Ennis
  • School District: Ennis ISD
  • Elementary School: Bowie
  • Junior High School: Ennis

Lot Info

  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Agricultural, Irregular Lot, Tank/ Pond, Undivided, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 130.0000
  • Parcel Number: 177717
  • Lot Size Acres: 130.0000
  • Lot Size Sq Ft: 5662800.0000
  • Zoning Description: Unknown.
  • Possible Use: Agricultural, Cattle, Commercial, Development, Livestock, Ranch, Unimproved
  • Present Use: Agricultural, Cattle, Crops and Livestock, Grazing, Horses, Livestock, Pasture, Ranch, Unimproved, See Remarks

Building Info

  • Year Built: 1940

Tax Info

  • Unexempt Taxes: 1848

MLS Schools

  • Elementary School Name: Bowie
  • High School Name: Ennis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Feb 10, 2025
Sold by
Barto Family Trust and Barto John M
Bought by
Royal Estate At Palmer Llc
Seller's Agent
Gisela Deen
Keller Williams Realty
Buyer's Agent
Kavitha Pindi
DHS Realty
List Price
$2,470,000
Sold Price
$2,470,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.35%

Purchase Details

Closed on
Nov 9, 2022
Sold by
Barto James David and Barto Sharon
Bought by
Ribbon Home Spv Ii Llc
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 Type Sale Price Title Company
Warranty Deed -- Madison Title
Warranty Deed -- Designated Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 Price Changed $3,629,920 -5.1% --
04/02/2025 04/02/25 For Sale $3,825,000 +54.9% --
02/10/2025 02/10/25 Sold -- -- --
02/07/2025 02/07/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $2,470,000 0.0% $1,178 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $2,470,000 -- $1,178 / 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
2023 $2,300 $273,297 $43,222 $230,075
2022 $1,848 $108,785 $0 $0
2021 $1,808 $933,230 $0 $0
2020 $1,714 $790,870 $0 $0
2019 $1,646 $592,630 $0 $0
2018 $560 $524,320 $0 $0
2017 $1,685 $527,800 $0 $0
2016 $1,561 $393,160 $0 $0
2015 $550 $393,230 $0 $0
2014 $550 $393,510 $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: 20688313

North Texas Real Estate Information Systems (NTREIS)

APN: 177717