NOT LISTED FOR SALE

7507 Fm 1173 Krum, TX 76249

Estimated Value: $512,000 - $828,000

4 Beds
3 Baths
2,772 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 06, 2023

Current estimated payment $4,316/month

16 Days on Market

Highlights

  • Equestrian Center
  • 6.18 Acre Lot
  • Ranch Style House
  • RV Access or Parking
  • Vaulted Ceiling
  • Partially Wooded Lot

About This Home

As of February 2023

I-35 Denton access less than 5 miles and .5 mile to Krum city limits but the beauty of country living on this 6 acre horse lovers dream come true! This ranch style charmer features 4 bedrooms and 3 full bathrooms! The 4th bedroom has garage entrance and perfect for Mother in Law suite! Kitchen features recent remodel with new appliances, cabinets and stunning sandstone countertops with a table matching for continuity that stays with the home! Gated property with cross fencing and multiple shelters with turn outs. The 60X80 barn is what MR ED dreamed of made with Tilt-Wall construction that provides an extra layer of security in storm season including 4 stalls with turn outs, interior and exterior stalls with runs, feed room, tack room and office space. The team roping sized arena comes complete with pole lights and calf lane! Begin and end each day enjoying the stunning Texas Sunrises and Sunsets from the covered porches and all you have to do is say There's no place like HOME!

Last Agent to Sell the Property

Aimee Ashley

Parker Properties Real Estate License #0719752 Listed on: 11/16/2022

Last Buyer's Agent

Jenny Jordan

Keller Williams Legacy License #0671832

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,499

Year Built

  • Built in 1977

Lot Details

  • 6.18 Acre Lot
  • Property fronts a county road
  • Private Entrance
  • Gated Home
  • Cross Fenced
  • Fenced For Horses
  • Pipe Fencing
  • Partially Wooded Lot

Parking

  • 2-Car Garage with one garage door
  • Lighted Parking
  • Side Facing Garage
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Vaulted Ceiling
  • Decorative Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Full Size Washer or Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Covered Patio or Porch
  • Attached Grill
  • Rain Gutters

Schools

  • Dodd Elementary School
  • Krum Middle School
  • Krum High School

Farming

  • Electricity in Barn
  • Hay Barn
  • 1 Barn
  • 5 Acres of Pasture
  • 1 Residence

Horse Facilities and Amenities

  • Equestrian Center
  • Arena

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Aerobic Septic System

Community Details

  • Despallier Subdivision

Listing and Financial Details

  • Assessor Parcel Number R60741
  • $5,554 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,499

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Farm/Ranch House
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Agricultural Exemption YN: No
  • Barns Count: 1
  • Attribution Contact: 940-627-9040
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Square Footage: 2772.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Interior Amenities: Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Suite Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Cross Fenced, Fenced, Gate, Pipe
  • Pasture Acres: 5.00
  • Roof: Composition
  • Topography: Flat perfect for HORSES
  • Construction Materials: Brick
  • Exterior Features: Attached Grill, Covered Patio/Porch, Rain Gutters, Private Entrance, RV Hookup, Stable/Barn
  • Patio And Porch Features: Covered
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Garage Faces Side, Lighted, RV Access/Parking, Other
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Full Size W/D Area
  • Utilities: Aerobic Septic, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Krum ISD
  • Elementary School: Dodd
  • Primary School: Krum

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 6.1790
  • Parcel Number: R60741
  • Lot Size Acres: 6.1790
  • Lot Size Sq Ft: 269157.2400
  • Possible Use: Horses
  • Present Use: Grazing, Horses, Livestock, Pasture, Residential, Single Family

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1977

Multi Family

  • Number Of Residences: 1

Tax Info

  • Unexempt Taxes: 5554
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Krum
  • Elementary School Name: Dodd
  • High School Name: Krum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Duede Kelsey Anne
Bought by
Ligon Lisa Florence
Current Estimated Value
$685,980

Purchase Details

Listed on
Nov 16, 2022
Closed on
Feb 6, 2023
Sold by
Ashley Stephanie and Ashley Sean
Bought by
Duede Kelsey and Ligon Lisa
Seller's Agent
Aimee Ashley
Parker Properties Real Estate
Buyer's Agent
Jenny Jordan
Keller Williams Legacy
List Price
$779,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.55%
Original Mortgage
$657,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2017
Sold by
Mardis Rick W and Mardis Linda E
Bought by
Pierce Carlee W and Otero Ramon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Vesecky Stephen F
Bought by
Vesecky Family Lp
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
Ligon Lisa Florence -- None Listed On Document
Duede Kelsey -- None Listed On Document
Pierce Carlee W -- None Available
Vesecky Family Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duede Kelsey $657,000
Previous Owner Pierce Carlee W $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold -- -- --
12/02/2022 12/02/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $779,000 -- $281 / 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
2025 $8,499 $625,267 $314,106 $311,161
2024 $9,738 $686,906 $314,107 $372,799
2023 $6,044 $512,520 $314,107 $246,416
2022 $5,755 $351,953 $146,839 $205,114
2021 $5,822 $370,786 $146,839 $223,947
2020 $5,756 $355,954 $146,839 $209,115
2019 $6,035 $341,812 $146,839 $201,345
2018 $5,751 $323,514 $146,839 $176,675
2017 $5,145 $287,688 $122,601 $165,087
2016 $4,812 $269,078 $122,601 $146,477
2015 -- $129,414 $14,305 $115,109
2013 -- $107,677 $13,725 $93,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20204103

North Texas Real Estate Information Systems (NTREIS)

APN: R60741