NOT LISTED FOR SALE

818 & 822 N Morris St Gainesville, TX 76240

Estimated Value: $77,754 - $204,000

0.47 Acre
$302,961 Price per Acre
20,255 Sq Ft Lot

Last Sold August 07, 2023

Current estimated payment $816/month

38 Days on Market

Highlights

  • Interior Lot
  • Partially Fenced Property
  • Large Grassy Backyard

About This Lot

As of August 2023

Two large city lots with beautiful mature shade trees. Perfect location for a strip center, medical, retail, accounting or business offices with residential units above. Multiple income opportunities with a live - work set up! Both lots are zoned commercial with a loft overlay.

Last Agent to Sell the Property

Misty Schmitz

TIERRA REAL ESTATE Brokerage Phone: 940-665-6730 License #0487385 Listed on: 06/25/2023

Last Buyer's Agent

Mariah Wilson

Real Estate Shoppe TX, LLC License #0706206

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $901

Lot Details

  • 0.47 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Interior Lot
  • Level Lot
  • Few Trees
  • Large Grassy Backyard
  • 2 Lots in the community
  • Zoning described as commercial with loft overlay

Schools

  • Chalmers Elementary School
  • Gainesvill Middle School
  • Lee Middle School
  • Gainesvill High School

Community Details

  • Woodsmith Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 7
  • Assessor Parcel Number 12520
  • $961 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$901

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Building
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Video
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: No
  • Attribution Contact: 940-665-6730
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Chain Link, Partial
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete

Utilities

  • Utilities: All Weather Road, City Sewer, City Water, Curbs

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Plat Approved, Streets Installed

Schools

  • School District: Gainesville ISD
  • Elementary School: Chalmers
  • Intermediate School: Lee
  • Junior High School: Gainesvill

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Level, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lots Sold Package: 2
  • Lot Size Area: 0.4650
  • Parcel Number: 12520
  • Lot Size Acres: 0.4650
  • Lot Size Sq Ft: 20255.4000
  • Assessor Parcel Number 2: 16903
  • Subdivided: No
  • Zoning Description: commercial with loft overlay
  • Possible Use: Commercial, Mixed Use, Residential, Single Family
  • Present Use: Commercial
  • LandLeaseYN: No

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 2

Tax Info

  • Unexempt Taxes: 961
  • Special Taxing Entities: No
  • TaxBlock: 7
  • Tax Lot: 7

MLS Schools

  • Elementary School Name: Chalmers
  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Aug 7, 2023
Sold by
Pmrs Real Estate Llc
Bought by
Hamidou Diana
Seller's Agent
Misty Schmitz
TIERRA REAL ESTATE
Buyer's Agent
Mariah Wilson
Real Estate Shoppe TX, LLC
List Price
$75,000
Views
82
Current Estimated Value
$140,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.07%

Purchase Details

Closed on
Feb 28, 2023
Sold by
Gainesville Hospital District
Bought by
Pmrs Real Estate Llc

Purchase Details

Closed on
Nov 5, 2021
Sold by
Robertson Terry Lynn
Bought by
Russell Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,121
Interest Rate
2.15%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 30, 2014
Sold by
Robertson Terry Lynn
Bought by
Gainesville Hospital District and North Texas Medical Center
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamidou Diana -- None Listed On Document
Pmrs Real Estate Llc -- Gainesville Title
Russell Angela -- None Available
Gainesville Hospital District -- Gainesville Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Angela $81,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold -- -- --
08/02/2023 08/02/23 Pending -- -- --
06/25/2023 06/25/23 For Sale $75,000 -- --
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 $901 $47,520 $47,520 $0
2024 $901 $47,520 $47,520 $0
2023 $848 $43,200 $43,200 $0
2022 $838 $38,475 $38,475 $0
2021 $660 $25,650 $25,650 $0
2020 $645 $24,300 $24,300 $0
2019 $683 $24,975 $24,975 $0
2018 $276 $10,125 $10,125 $0
2017 $275 $10,125 $10,125 $0
2015 $1,185 $44,731 $10,125 $34,606
2014 $1,185 $44,549 $10,125 $34,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20365107

North Texas Real Estate Information Systems (NTREIS)

APN: 12520