NOT LISTED FOR SALE

7515 Faught Rd Argyle, TX 76226

Estimated Value: $3,598,233

64.83 Acres
$55,503 Price per Acre
2,823,995 Sq Ft Lot

Last Sold October 27, 2023

Current estimated payment $18,781/month

55 Days on Market

Highlights

  • 64.83 Acre Lot
  • Argyle West Rated A
  • Agricultural Exemption

About This Lot

As of October 2023

Prime development opportunity located outside the city limits of Northlake surrounded by master planned developments with access to highly rated schools and ideally located in proximity to the DFW metroplex. Approximately 47.18 acres of the property is located in Agyle ISD and 17.65 acres located in Northwest ISD. There is a 12 inch water line on Faught Road. The parcel is ideally located just over a mile West of Interstate 35, half a mile North of FM 407. The property is adjacent to the one acre lot community of Creek Meadows on the South and the neighborhood Harvest by Hillwood immediately to the East, with an estimated 4,000 lots at completion.

Last Agent to Sell the Property

Kelsey Whitesell

Talley and Company, LTD Brokerage Phone: 254-718-6791 License #0724414 Listed on: 04/28/2023

Last Buyer's Agent

Paul Stanzel

Paul Stanzel Realtors, Inc. License #0486494

Property Details

Property Type

  • Land

Year Built

  • Built in 1958

Lot Details

  • 64.83 Acre Lot
  • Subdivision Possible
  • Zoning described as Outside city limits, in the ETJ

Schools

  • Argyle West Elementary School
  • Argyle Middle School
  • Argyle High School

Additional Features

  • Agricultural Exemption
  • Co-Op Water

Community Details

  • Patrick Rock Subdivision

Listing and Financial Details

  • Assessor Parcel Number R72996
  • $478 per year unexempt tax

Property Details

Property Type

Land

Year Built

Built in 1958

Lot Details

64.83 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Video
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 254-718-6791
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Soil Type: Clay
  • Surface Rights: Other
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: All Weather Road, Asphalt, City Water, Co-op Water, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: Argyle ISD
  • Elementary School: Argyle West

Lot Info

  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 64.8300
  • Parcel Number: R72996
  • Lot Size Acres: 64.8300
  • Lot Size Sq Ft: 2823994.8000
  • Zoning Description: Outside city limits, in the ETJ
  • Possible Use: Development, Subdevelopment
  • Present Use: Agricultural

Building Info

  • Year Built: 1958

Tax Info

  • Unexempt Taxes: 478
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Argyle
  • Elementary School Name: Argyle West
  • High School Name: Argyle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2014
Sold by
Brown Samuel Lewis
Bought by
Brown Samuel Lewis
Current Estimated Value
$3,598,233
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Brown Samuel Lewis -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold -- -- --
06/22/2023 06/22/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $3,900,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $3,150 $187,494 $187,494 --
2024 $2,957 $192,687 $0 $0
2023 $920 $62,095 $61,835 $260
2022 $478 $27,965 $27,699 $266
2021 $475 $27,232 $26,983 $249
2020 $503 $27,420 $27,178 $242
2019 $536 $28,059 $27,830 $229
2018 $545 $28,368 $28,155 $213
2017 $544 $28,348 $28,155 $193
2016 $545 $30,632 $30,434 $198
2015 $163 $38,714 $19,510 $19,204
2013 -- $37,085 $18,533 $18,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20314589

North Texas Real Estate Information Systems (NTREIS)

APN: R72996

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