NOT LISTED FOR SALE

8025 Star Hollow Rd Lipan, TX 76462

Estimated Value: $620,000

3 Beds
3 Baths
2,268 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 02, 2018

Current estimated payment $3,335/month

56 Days on Market

Highlights

  • Uncovered Dock
  • Stables
  • 384.24 Acre Lot
  • Lipan Elementary School Rated A-
  • Oak Trees
  • Hilly Lot

About This Home

As of March 2018

384 acre Ranch with 2 homes. Lots of opportunity's with this Ranch. With 5 big stock tanks with 2 big water wells to keep them full in dry times. 3 other water wells for houses and barn. All the fencing and cattle pens are set up to make it easy to handle cattle. Both houses are 3 bedroom 3 bath with fireplace in rock home and wood stove in smaller home. Both have Central Heat and AC. The Barndominium home 1974 SF is move in ready. Rock home is in the process of being updating. Lots of covered parking for vehicles and tractor. Plus a 40 X 60 Barn with concrete floor. This property has a tremendous amount of underground water. the big wells produce 75-120 gpm. 4 Stall and some traps to put horses if desired.

Last Agent to Sell the Property

Jerry Gracey

Prime Realty, LLC License #0588557 Listed on: 11/11/2017

Last Buyer's Agent

Jerry Gracey

Prime Realty, LLC License #0588557 Listed on: 11/11/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1990

Lot Details

  • 384.24 Acre Lot
  • Cross Fenced
  • Barbed Wire
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Cleared Lot
  • Oak Trees
  • Cedar Trees
  • Mesquite Trees
  • Large Grassy Backyard

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Steel Siding
  • Stone Siding

Interior Spaces

  • 2,268 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Gas Dryer Hookup

Parking

  • Attached Garage
  • 3 Carport Spaces
  • Oversized Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Uncovered Dock
  • Outdoor Storage

Schools

  • Lipan Elementary And Middle School
  • Lipan High School

Farming

  • Electricity in Barn
  • Hay Barn
  • 1 Barn
  • Equipment Barn
  • 7 Stock Tanks or Ponds
  • Agricultural Exemption
  • 370 Acres of Pasture
  • 2 Residences
  • Permanent Squeeze Chutes
  • Loading Chute
  • Holding Pens
  • Pasture
  • Cattle or Livestock Pen
  • Calf Tables
  • Fenced For Cattle
  • Fenced For Horses

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Water to Barn
  • Stables

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Co-Op Electric
  • Propane
  • Property is located within a water district
  • Well
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number R000042746
  • $3,409 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$380

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Barndominium, Ranch
  • Structural Style: Farm/Ranch House, Single Detached
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Security: Smoke Detector(s)
  • 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
  • Barns Count: 2
  • Horse Permitted Y N: Yes
  • Ratio Current Price By Building: 738.53616
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Square Footage: 2268.00
  • Fireplace Features: Freestanding, Wood Burning
  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Water Softener, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Easements: Electric, Natural Gas
  • Pool: No
  • Foundation: Slab
  • Fencing: Barbed Wire, Cross Fenced
  • Pasture Acres: 370.00
  • Roof: Metal
  • Soil Type: Black, Limestone, Sandy Loam
  • Surface Rights: All
  • Construction Materials: Rock/Stone, Steel Siding
  • Exterior Features: Stable/Barn, Storage
  • Number Of Tanks And Ponds: 7
  • Waterfront: No
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Carport Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Propane
  • LaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: Asphalt, Co-op Electric, Rural Water District, Well
  • Number Of Wells: 5

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lipan ISD
  • Elementary School: Lipan
  • Middle School: Lipan
  • High School: Lipan
  • School District: Lipan ISD
  • Elementary School: Lipan
  • High School: Lipan

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Over 100 Acres
  • Lot Features: Acreage, Brush, Cleared, Few Trees, Hilly, Lrg. Backyard Grass, Many Trees, Cedar, Mesquite, Oak, Shinnery, Other, Pasture, Rolling Slope, Sloped, Tank/ Pond, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 384.2400
  • Parcel Number: R000042746
  • Lot Size Acres: 384.2400
  • Lot Size Sq Ft: 16737494.4000
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Hunting/Fishing, Sheep/Goats, Single Family
  • Present Use: Agricultural, Cattle, Grazing, Horses, Hunting/Fishing, Livestock

Green Features

  • Efficiency: Appliances, HVAC

Building Info

  • Year Built: 1990

Multi Family

  • Number Of Residences: 2
  • WaterfrontFeatures: Dock – Uncovered

Tax Info

  • Unexempt Taxes: 3409

MLS Schools

  • MiddleOrJuniorSchool: Lipan
  • Middle School Name: Lipan
  • Elementary School Name: Lipan
  • High School Name: Lipan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 26, 2017
Sold by
Barraza Carol Allison and Stone Norman
Bought by
Ottonello Todd M and Ottonello Imelta T
Seller's Agent
Karen Lenz
Trinity Ranch Land Cross Plains
Buyer's Agent
Karen Lenz
Trinity Ranch Land Cross Plains
List Price
$1,790,000
Current Estimated Value
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.78%
Original Mortgage
$934,380
Outstanding Balance
$791,176
Interest Rate
3.89%
Estimated Equity
-$189,176

Purchase Details

Closed on
Apr 11, 2017
Sold by
Frost Bank Trustee
Bought by
Barraza Carol Allison and Barraza Stone Norman

Purchase Details

Closed on
Apr 27, 2016
Sold by
Frost Bank Trustee
Bought by
Barraza Carol Allison and Barraza Stone Norman

Purchase Details

Closed on
Apr 12, 2016
Sold by
Brooks George
Bought by
Barraza Carol Allison and Barraza Stone Norman

Purchase Details

Closed on
Nov 8, 1994
Sold by
Hobbs Leonard C
Bought by
Barraza Carol Allison and Barraza Stone Norman

Purchase Details

Closed on
Jun 26, 1989
Sold by
Hobbs Carol A
Bought by
Barraza Carol Allison and Barraza Stone Norman
Source: Public Records

Range of Values:

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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
Ottonello Todd M -- Providence Title Company
Barraza Carol Allison -- --
Barraza Carol Allison -- --
Barraza Carol Allison -- --
Barraza Carol Allison -- --
Barraza Carol Allison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottonello Todd M $934,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold -- -- --
01/06/2018 01/06/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $1,850,000 +3.4% $816 / Sq Ft
09/27/2017 09/27/17 Sold -- -- --
08/10/2017 08/10/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $1,790,000 -- $719 / 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
2024 $380 $27,870 $148,360 $26,900
2023 $394 $82,840 $0 $27,830
2022 $476 $83,770 $0 $28,760
2021 $516 $29,680 $0 $29,680
2020 $592 $30,610 $0 $30,610
2019 $645 $31,540 $0 $31,540
2018 $1,709 $88,350 $560 $87,790
2017 $1,778 $145,380 $55,010 $90,370
2016 $1,778 $145,380 $55,010 $90,370
2015 $1,642 $90,740 $560 $90,180
2014 $1,642 $90,500 $320 $90,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13727200

North Texas Real Estate Information Systems (NTREIS)

APN: R000025282