J
Seller's Agent in 2022
Johnny Purselley
Purselley Ranch & Residential
7339 N Fm 51 Decatur, TX 76234
Estimated Value: $595,000
18
Acres
$33,056
Price per Acre
784,080
Sq Ft Lot
Highlights
- Equestrian Center
- 18 Acre Lot
- Pasture
- RV or Boat Parking
- Cooling Available
- Agricultural Exemption
About This Lot
As of October 2022Approximately 18 plus or minus acre horse training facility conveniently located between Decatur and Gainesville on N FM 51. This turnkey trainers paradise offers indoor and outdoor arenas, show barn, turnouts, 3 mare sheds with paddocks, 10 pipe runs, hot walker, feed storage silo and beautiful views. The main barn has 17 12 by 12 show stalls, 6 12 by 18 foaling stalls, wash rack with heated water, tack room, office with bathroom, concrete hallway. The indoor arena is 120 by 90 and fully enclosed with large garage doors and solid curtains wrapping the inside of the arena, excellent ground. Outdoor roping, cutting or cowhorse arena is 125 by 350 feet with roping boxes and return alley, even offers a viewing box. The three large turnouts have Morton buildings for mare sheds that are a spacious 36 by 36 feet. Trailer parking and easy access off of the paved highway. There is a cute bunk house with one bedroom, full bath, kitchen, living and dining.
Last Agent to Sell the Property
Johnny Purselley
Purselley Ranch & Residential License #0468421 Listed on: 07/21/2022
Last Buyer's Agent
Johnny Purselley
Purselley Ranch & Residential License #0468421 Listed on: 07/21/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,047
Lot Details
- 18 Acre Lot
- Pipe Fencing
- Wire Fence
- Cleared Lot
- Zoning described as unzoned
Parking
- RV or Boat Parking
Home Design
- Ranch Property
Schools
- Slidell Elementary And Middle School
- Slidell High School
Farming
- Electricity in Barn
- 4 Barns
- Agricultural Exemption
- 12 Acres of Pasture
- Loafing Shed
- Agricultural
- Holding Pens
- Pasture
Horse Facilities and Amenities
- Equestrian Center
- Wash Rack
- Horses Allowed On Property
- Show Barn
- Tack Room
- Water to Barn
- Indoor Arena
- Stables
- Arena
Additional Features
- Living Quarters
- Septic Tank
Community Details
- Acreage Subdivision
Listing and Financial Details
- Assessor Parcel Number R000543513
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Sep 30, 2022
Sold by
Johnson Richard M and Johnson Elaine M
Bought by
Corrales Eugenio and Corrales Lorena
Seller's Agent
Johnny Purselley
Purselley Ranch & Residential
Buyer's Agent
Johnny Purselley
Purselley Ranch & Residential
List Price
$925,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.19%
Original Mortgage
$270,000
Outstanding Balance
$120,947
Interest Rate
5.13%
Mortgage Type
Seller Take Back
Estimated Equity
$474,053
Purchase Details
Closed on
Dec 10, 1999
Sold by
Haynes William H
Bought by
Johnson Richard and Johnson Elaine
Purchase Details
Closed on
Oct 1, 1999
Sold by
Gage C L
Bought by
Johnson Richard and Johnson Elaine
Purchase Details
Closed on
Jul 1, 1993
Bought by
Johnson Richard and Johnson Elaine
Purchase Details
Closed on
Jan 1, 1901
Bought by
Johnson Richard and Johnson Elaine
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corrales Eugenio | -- | Wise County Title | |
| Johnson Richard | -- | -- | |
| Johnson Richard | -- | -- | |
| Johnson Richard | -- | -- | |
| Johnson Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corrales Eugenio | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | -- | -- | -- |
| 08/14/2022 08/14/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | For Sale | $925,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $9,047 | $1,415,481 | $202,576 | $1,212,905 |
| 2024 | $9,047 | $347,720 | $16,020 | $331,700 |
| 2023 | $1,122 | $84,493 | $0 | $0 |
| 2022 | $2,233 | $155,451 | $0 | $0 |
| 2021 | $2,224 | $388,510 | $241,180 | $147,330 |
| 2020 | $2,312 | $382,280 | $229,850 | $152,430 |
| 2019 | $2,461 | $417,640 | $262,830 | $154,810 |
| 2018 | $2,564 | $384,890 | $226,590 | $158,300 |
| 2017 | $2,286 | $318,950 | $175,220 | $143,730 |
| 2016 | $2,272 | $302,460 | $158,730 | $143,730 |
| 2015 | -- | $302,460 | $158,730 | $143,730 |
| 2014 | -- | $76,370 | $1,890 | $74,480 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20119932
APN: A0105000101
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