NOT LISTED FOR SALE

7400 Fm 879 Palmer, TX 75152

Estimated Value: $606,000 - $747,721

3 Beds
2 Baths
2,811 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 12, 2021

Current estimated payment $4,240/month

253 Days on Market

Highlights

  • Horses Allowed On Property
  • RV or Boat Parking
  • 13.48 Acre Lot
  • Palmer Middle School Rated A-
  • Built-In Refrigerator
  • Community Lake

About This Home

As of November 2021

Sprawling 13.48 acres with three fishing ponds in Ellis County just 30 minutes from downtown Dallas. Located in the Palmer ISD, property would easily subdivide. Best described as Texas Tuscan, with modern conveniences. Sandstone and wood exterior with metal roof and foam insulation. Ample room to entertain, 12ft ceilings in living area with casement windows throughout, tile and wooden floors. Large stone fireplace separates Living and Dining area. Kitchen with a large island and wood cabinetry. Master suite features a spacious bedroom and bath, with huge walk-in closet. Extras include Metal Workshop and Kennel. Come take a Look!

Last Agent to Sell the Property

Craig Muirhead

Muirhead Ranch & Realty License #0743081 Listed on: 02/09/2021

Muirhead Ranch & Realty

Last Buyer's Agent

Melissa Jones

RE/MAX Arbors License #0612500

RE/MAX Arbors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 2012

Lot Details

  • 13.48 Acre Lot
  • Kennel
  • Gated Home
  • Barbed Wire
  • Pipe Fencing
  • Landscaped
  • Few Trees
  • Private Yard
  • Large Grassy Backyard

Parking

  • 2-Car Garage with one garage door
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • RV or Boat Parking
  • Golf Cart Garage

Home Design

  • Ranch Style House
  • Prairie Architecture
  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2,811 Sq Ft Home
  • Wet Bar
  • Decorative Lighting
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Fireplace With Gas Starter
  • Stone Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Commercial Grade Vent
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Wireless Security System
  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Palmer Elementary School
  • Palmer Middle School
  • Palmer High School

Farming

  • 3 Stock Tanks or Ponds
  • Agricultural Exemption
  • 9 Acres of Pasture
  • 1 Residence
  • Pasture
  • Fenced For Cattle
  • Fenced For Horses

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Co-Op Electric
  • No City Services
  • Propane
  • Aerobic Septic System
  • Satellite Dish

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 244296

Community Details

Overview

  • 3 R Pena H 4 Subdivision
  • Community Lake

Security

  • Security Service
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,626

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Prairie
  • Structural Style: Farm/Ranch House
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Security: Burglar, Security Lights, Security Service, Security System, Smoke Detector(s), Wireless
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 250.80043
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Square Footage: 2811.00
  • Fireplace Features: Freestanding, Gas Starter, Stone, Wood Burning
  • Interior Amenities: Built-in Wine Cooler, Decorative Lighting, Wet Bar
  • Flooring: Travertine Stone, Wood
  • Appliances: Built-in Refrigerator, Commercial Grade Vent, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Other Equipment: Satellite Dish
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Lake, Perimeter Fencing
  • Fencing: Barbed Wire, Gate, Pipe
  • Pasture Acres: 9.00
  • Roof: Metal
  • Soil Type: Black
  • Construction Materials: Rock/Stone, Wood
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Private Yard, RV/Boat Parking
  • Number Of Tanks And Ponds: 3
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric, Heat Pump
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Circular Driveway, Garage Door Opener, Garage, Golf Cart Garage, Workshop in Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Heat Pump, Propane
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Utilities: Aerobic Septic, Asphalt, City Water, Co-op Electric, Individual Water Meter, No City Services, Outside City Limits, Propane, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Few Trees, Landscaped, Lrg. Backyard Grass, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 13.4810
  • Parcel Number: 244296
  • Lot Size Acres: 13.4810
  • Lot Size Sq Ft: 587232.3600
  • Assessor Parcel Number 2: 263589
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Hunting/Fishing, Orchards/Vineyards, Resort, Single Family, Sheep/Goats
  • Present Use: Agricultural, Cattle, Grazing, Livestock, Single Family

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2012
  • SeniorCommunityYN: No

Multi Family

  • Number Of Residences: 1

MLS Schools

  • MiddleOrJuniorSchool: Palmer
  • Elementary School Name: Palmer
  • High School Name: Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Johnson Lois Jean
Bought by
Malone Kevin and Malone Anne Marie
Current Estimated Value
$676,861

Purchase Details

Listed on
Feb 9, 2021
Closed on
Nov 1, 2021
Sold by
James Susan L and James John T
Bought by
Malone Kevin Thomas and Malone Anne Marie
Seller's Agent
Craig Muirhead
Muirhead Ranch & Realty
Buyer's Agent
Melissa Jones
RE/MAX Arbors
List Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.27%

Purchase Details

Closed on
Jun 3, 2015
Sold by
James Susan L
Bought by
James John T and James Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,368
Interest Rate
3.68%
Mortgage Type
FHA
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
Malone Kevin -- Fidelity National Title
Malone Kevin Thomas -- None Listed On Document
James John T -- Providence Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James John T $235,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold -- -- --
10/20/2021 10/20/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $774,999 -1.1% $276 / Sq Ft
09/10/2021 09/10/21 Price Changed $784,000 -0.6% $279 / Sq Ft
08/19/2021 08/19/21 Price Changed $789,000 -1.3% $281 / Sq Ft
07/14/2021 07/14/21 Price Changed $799,000 -5.9% $284 / Sq Ft
06/28/2021 06/28/21 Price Changed $849,000 -3.0% $302 / Sq Ft
06/17/2021 06/17/21 Price Changed $875,000 -7.8% $311 / Sq Ft
05/17/2021 05/17/21 Price Changed $949,000 -5.0% $338 / Sq Ft
02/09/2021 02/09/21 For Sale $999,000 -- $355 / 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 $6,626 $520,000 $77,000 $443,000
2022 $8,353 $525,342 $63,000 $462,342
2021 $5,982 $358,370 $0 $0
2020 $6,234 $376,160 $0 $0
2019 $6,059 $372,590 $0 $0
2018 $4,267 $320,110 $0 $0
2017 $5,242 $302,480 $0 $0
2016 $4,758 $244,160 $0 $0
2015 $4,294 $306,830 $88,710 $218,120
2014 $4,294 $292,790 $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: 14516506

North Texas Real Estate Information Systems (NTREIS)

APN: 244296