NOT LISTED FOR SALE

823 Merritt Rd Forestburg, TX 76239

Estimated Value: $519,000

30.59 Acres
$16,966 Price per Acre
1,332,500 Sq Ft Lot

Last Sold January 20, 2022

Current estimated payment $2,996/month

57 Days on Market

Highlights

  • Barn or Stable
  • 1 Stock Tank or Pond
  • Electricity in Barn
  • 30.59 Acre Lot
  • Pasture
  • Many Trees

About This Lot

As of January 2022

Beautiful 30+ acres tract of land tucked away in Forestburg. The property has a large barn, water tank, dwelling, fenced-in feeding area, and water access. Enjoy watching the sunsets and rises along with local deer that visit the property frequently.

Last Agent to Sell the Property

Chrissy Mallouf

REAL Broker, LLC License #0576155 Listed on: 08/26/2021

REAL Broker, LLC

Last Buyer's Agent

Pamela Terronez

Pam Terronez Properties LLC License #0486740

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,063

Lot Details

  • 30.59 Acre Lot
  • Barbed Wire
  • Many Trees
  • Zoning described as Agricultural,Residential

Home Design

  • Ranch Property

Schools

  • Forestburg Elementary And Middle School
  • Forestburg High School

Farming

  • Electricity in Barn
  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Utilities

  • No City Services

Listing and Financial Details

  • Assessor Parcel Number R000014300
  • $2,981 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$3,063

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Access
  • Fencing: Barbed Wire
  • Soil Type: Unknown
  • Exterior Features: Stable/Barn
  • Number Of Tanks And Ponds: 1
  • Waterfront: No

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Electricity Available, No City Services
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Utilities Installed

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Many Trees, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 30.5900
  • Parcel Number: R000014300
  • Lot Size Acres: 30.5900
  • Lot Size Sq Ft: 1332500.4000
  • Zoning Description: Agricultural,Residential
  • Present Use: Agricultural, Horses
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 2981

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Yeatts Ryan
Bought by
Yeatts Ronnie and Yeatts Sondra
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,450
Outstanding Balance
$213,439
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$443,561

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jan 19, 2022
Sold by
Roark and Jill
Bought by
Yeatts Ryan and Yeatts Ronnie
Seller's Agent
Chrissy Mallouf
REAL Broker, LLC
Buyer's Agent
Pamela Terronez
Pam Terronez Properties LLC
List Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Original Mortgage
$354,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Yeatts Ronnie -- None Listed On Document
Yeatts Ryan -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeatts Ronnie $217,450
Previous Owner Yeatts Ryan Alan $186,800
Previous Owner Yeatts Ryan $354,500
Previous Owner Duffley Paul $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold -- -- --
10/22/2021 10/22/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $375,000 -- $232 / 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 $3,063 $644,040 $455,370 $188,670
2023 $2,332 $188,100 $455,370 $171,520
2022 $3,264 $237,700 $350,460 $51,020
2021 $2,981 $295,550 $208,010 $87,540
2020 $2,757 $273,920 $191,190 $82,730
2019 $2,884 $273,920 $191,190 $82,730
2018 $2,820 $269,900 $191,190 $78,710
2017 $2,482 $236,930 $159,070 $77,860
2016 $2,482 $236,930 $159,070 $77,860
2015 -- $236,760 $159,070 $77,690
2014 -- $236,760 $159,070 $77,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14658086

North Texas Real Estate Information Systems (NTREIS)

APN: R000014300