NOT LISTED FOR SALE

76 County Road 262 Gainesville, TX 76240

Estimated Value: $375,000 - $549,130

4 Beds
3.5 Baths
2,567 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 05, 2024

Current estimated payment $2,936/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • 1.5-Story Property
  • RV or Boat Parking
  • Cedar Trees
  • Corner Lot

About This Home

As of April 2024

Multiple Offers Received. Please submit best and Final today by 4pm..TY
Welcome to this stunningly updated 3-bedroom, 2-bathroom home with an office, situated on a sprawling 2.74-acre lot. Boasting a garage apartment, a sparkling swimming pool, and a private entry, this property offers a perfect blend of luxury and functionality. Enjoy outdoor entertaining on the covered patio, while the spacious interior features modern amenities and elegant finishes throughout. With ample space both indoors and outdoors, this home provides a serene retreat for relaxation and entertainment. Main house is approx 2000 sq ft, 3 bed 2 bath, with a 500 sq ft 1 bedroom 1 bath apartment over garage.

Last Agent to Sell the Property

Misty Schmitz

TIERRA REAL ESTATE Brokerage Phone: 940-736-0548 License #0487385 Listed on: 03/01/2024

Last Buyer's Agent

JD Tomlin

EXP REALTY License #0602688

EXP REALTY

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $6,004

Year Built

  • Built in 1980

Lot Details

  • 2.75 Acre Lot
  • Property fronts a county road
  • Gated Home
  • Barbed Wire
  • Perimeter Fence
  • Landscaped
  • Permeable Paving
  • Corner Lot
  • Cleared Lot
  • Cedar Trees
  • Partially Wooded Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 2-Car Garage with one garage door
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • 1.5-Story Property
  • Traditional Architecture
  • Apartment
  • Attached Home
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Metal Roof
  • Board and Batten Siding

Interior Spaces

  • 2,567 Sq Ft Home
  • Open Floorplan
  • Woodwork
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Brick Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Pool

  • Gunite Pool
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Callisburg Elementary And Middle School
  • Callisburg High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Overhead Utilities
  • Property is located within a water district
  • Co-Op Water
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Timber Creek Ranchettes Subdivision

Listing and Financial Details

  • Tax Lot 16R
  • Assessor Parcel Number 16043
  • $4,404 per year unexempt tax

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$6,004

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Structural Style: Apartment, Manufactured (certificate exch), Single Detached
  • Unit Levels: One and One Half
  • Restrictions: Deed
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Attribution Contact: 940-736-0548
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Square Footage: 2567.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Living Room, Raised Hearth, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, Granite Counters, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s), In-Law Suite Floorplan
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: Yes
  • Foundation: Pillar/Post/Pier, Slab
  • Fencing: Barbed Wire, Fenced, Gate, Perimeter
  • Roof: Metal
  • Construction Materials: Board & Batten Siding, Brick
  • Exterior Features: Covered Patio/Porch, Lighting, Permeable Paving, RV/Boat Parking
  • Pool Features: Gunite, Pool Sweep
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Wall Unit(s)
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Single Door, Driveway, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Cable Available, Co-op Water, Electricity Available, Individual Water Meter, Overhead Utilities, Rural Water District, Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Callisburg ISD
  • Elementary School: Callisburg

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass, Cedar, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 2.7500
  • Parcel Number: 16043
  • Lot Size Acres: 2.7500
  • Lot Size Sq Ft: 119790.0000
  • Possible Use: Mixed Use, Multi-Family, Residential, Single Family
  • Present Use: Residential, Single Family

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1980
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 4404
  • Special Taxing Entities: No
  • Tax Lot: 16R

MLS Schools

  • Middle School Name: Callisburg
  • Elementary School Name: Callisburg
  • High School Name: Callisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 12, 2024
Sold by
Tyj Real Estate Holdings Llc
Bought by
Mcelrath Mark Stephen and Mcelrath Cheryl Lynn
Seller's Agent
Misty Schmitz
TIERRA REAL ESTATE
Buyer's Agent
JD Tomlin
EXP REALTY
List Price
$397,000
Views
160
Current Estimated Value
$462,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$96,000
Outstanding Balance
$89,569
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$372,964

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 5, 2024
Sold by
Tyj Real Estate Holdings Llc
Bought by
Mcelrath Stephen and Mcelrath Amanda
Seller's Agent
Misty Schmitz
TIERRA REAL ESTATE
Buyer's Agent
JD Tomlin
EXP REALTY
List Price
$397,000
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$89,569
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$372,964

Purchase Details

Closed on
Oct 20, 2023
Sold by
Uselton Angie
Bought by
Tyj Real Estate Holdings Llc and Pesina

Purchase Details

Closed on
Oct 4, 2023
Sold by
Uselton Angie
Bought by
Tyj Real Estate Holdings Llc and Pesina

Purchase Details

Closed on
Jan 17, 2014
Sold by
Sanger Bank
Bought by
Benrich Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcelrath Mark Stephen -- Gainesville Title
Mcelrath Stephen -- Gainesville Title
Tyj Real Estate Holdings Llc $213,346 None Listed On Document
Tyj Real Estate Holdings Llc $213,346 None Listed On Document
Benrich Investment Group Llc -- Cross Timers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelrath Mark Stephen $96,000
Open Mcelrath Stephen $337,450
Previous Owner Benrich Investment Group Llc $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold -- -- --
03/09/2024 03/09/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $397,000 -- $155 / 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 $6,004 $397,000 $167,827 $229,173
2024 $6,004 $518,769 $157,507 $361,262
2023 $4,404 $344,929 $127,500 $217,429
2022 $5,245 $353,600 $136,000 $217,600
2021 $5,109 $279,360 $105,000 $174,360
2020 $5,065 $259,901 $105,000 $154,901
2019 $3,290 $168,851 $52,188 $116,663
2018 $2,893 $147,697 $42,579 $105,118
2017 $1,864 $94,266 $40,579 $53,687
2015 $1,727 $91,817 $40,579 $51,238
2014 $1,727 $89,664 $40,579 $49,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20550124

North Texas Real Estate Information Systems (NTREIS)

APN: 16043