NOT LISTED FOR SALE

8468 NE County Road 1040 Rice, TX 75155

Estimated Value: $156,565 - $419,000

3 Beds
2.5 Baths
2,200 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 05, 2024

Current estimated payment $1,794/month

25 Days on Market

Highlights

  • 17.5 Acre Lot
  • Electric Gate
  • 1-Story Property
  • Circular Driveway
  • Pasture
  • Central Heating and Cooling System

About This Home

As of April 2024

Discover the charm of country living with this exquisite 3-bedroom, 2.1-bathroom home, nestled on a breathtaking 17.5-acre estate in Rice, TX. Boasting a current agricultural exemption, this property blends rural allure with financial savvy. The home greets you with a delightful wrap-around porch, an idyllic spot for sipping your morning coffee while basking in the serene views of your expansive grounds. The large back deck invites memorable gatherings under the starlit Texas sky. Inside, each room offers a harmonious blend of comfort and style, creating a welcoming retreat from the bustling outside world. This home is more than just a residence; it's a lifestyle sanctuary where the rustling leaves and the vast, open sky become your daily backdrop. Here, in your slice of paradise, life unfolds with a peaceful grace, offering a daily escape into nature's embrace.

Last Agent to Sell the Property

Lacy Rider

Premier Realty Brokerage Phone: 775-934-1655 License #0756653 Listed on: 02/03/2024

Premier Realty

Last Buyer's Agent

Troy Lucus

All City Real Estate Ltd. Co. License #0630669

All City Real Estate Ltd. Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1988

Lot Details

  • 17.5 Acre Lot
  • Cleared Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Circular Driveway
  • Electric Gate

Schools

  • Rice Elementary School
  • Rice High School

Additional Features

  • Pasture
  • Central Heating and Cooling System

Community Details

  • J H Edgar Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 50419

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,572

Year Built

Built in 1988

Lot Details

0

Listing Details

  • OWNERNAME: Harrison
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 775-934-1655
  • Co List Office Mls Id: PRMR02
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48349:50419
  • Special Features: VirtualTour
  • Year Built: 1988

Interior Features

  • Square Footage: 2200.0
  • Interior Amenities: Pantry
  • Appliances: Electric Oven
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Circular Driveway, Driveway, Electric Gate
  • GarageYN: No

Utilities

  • Sewer: Septic Tank
  • Heating: Central
  • Utilities: Septic Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Rice
  • High School: Rice
  • Junior High Dist: Rice ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Acreage, Cleared, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 17.5
  • Parcel Number: 50419
  • Lot Size Acres: 17.5
  • Lot Size Sq Ft: 762300.0
  • Present Use: Agricultural, Cattle

Building Info

  • Year Built: 1988

Tax Info

  • Tax Lot: 10
  • Tax Annual Amount: 3572.0

MLS Schools

  • MiddleOrJuniorSchool: Rice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Apr 5, 2024
Sold by
Harrison William W and Harrison Sharon K
Bought by
Morrison Jon Gray
Seller's Agent
Lacy Rider
Premier Realty
Buyer's Agent
Troy Lucus
All City Real Estate Ltd. Co.
List Price
$515,000
Views
57
Current Estimated Value
$315,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.31%
Original Mortgage
$485,600
Outstanding Balance
$477,474
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
-$162,083
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
Morrison Jon Gray -- Navarro County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Jon Gray $485,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold -- -- --
02/29/2024 02/29/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $465,000 -9.7% $211 / Sq Ft
02/03/2024 02/03/24 For Sale $515,000 -- $234 / 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 $1,549 $90,893 $0 $0
2024 $1,408 $82,630 $22,480 $60,150
2023 $2,909 $330,193 $0 $0
2022 $3,788 $191,592 $0 $0
2021 $3,743 $0 $0 $0
2020 $3,659 $0 $0 $0
2019 $2,200 $0 $0 $0
2018 $2,080 $0 $0 $0
2017 $1,660 $0 $0 $0
2016 $1,511 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20527384

North Texas Real Estate Information Systems (NTREIS)

APN: 50419