NOT LISTED FOR SALE

8494 Fm 1198 Gainesville, TX 76240

90 Acres
-- Price per Acre
3,920,400 Sq Ft Lot

Last Sold November 16, 2017

26 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • 2 Stock Tanks or Ponds
  • Era School Rated A-
  • 90 Acre Lot
  • Pasture

About This Lot

As of November 2017

Seller is liquidating all of their real estate holdings in the area. 14 different tracts are being sold by sealed bid, with all bids being presented to the sellers on October 11, 2017. Please see the Bid Information sheet. This property is known as the South Taylor Farm, and is a 90 acre farm with 2 ponds and Grasshopper Creek. Fenced on east, west and south side. All cultivated dry land farm ground. Pipe line easement on east side of property. House with 10 acres on the north side of property is also being sold separately.

Last Agent to Sell the Property

Jared Groce

Mossy Oak Properties of Texas- Cross Timbers Land License #0584362 Listed on: 09/17/2017

Last Buyer's Agent

Jared Groce

Mossy Oak Properties of Texas- Cross Timbers Land License #0584362 Listed on: 09/17/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $105

Lot Details

  • 90 Acre Lot
  • Home fronts a creek
  • Unincorporated Location
  • Barbed Wire
  • Level Lot
  • Few Trees
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Era Elementary And Middle School
  • Era High School

Farming

  • 2 Stock Tanks or Ponds
  • Agricultural Exemption
  • 11 Acres of Pasture
  • Pasture

Utilities

  • Electricity Not Available
  • No City Services

Additional Features

  • Outside City Limits
  • Horses Allowed On Property

Community Details

  • Nail H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140295
  • $284 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$105

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Electric, Pipeline
  • Fencing: Barbed Wire
  • Cultivated Acreage: 79.00
  • Pasture Acres: 11.00
  • Soil Type: Black, Clay
  • Surface Rights: All
  • Number Of Tanks And Ponds: 2
  • Road Assessment Y N: No
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: All Weather Road, Asphalt, Electricity Not Available, Outside City Limits, Unincorporated, No City Services

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Few Trees, Level, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 90.0000
  • Parcel Number: 140295
  • Lot Size Acres: 90.0000
  • Lot Size Sq Ft: 3920400.0000
  • Subdivided: No
  • Zoning Description: Not Zoned
  • Possible Use: Agricultural, Cattle
  • Present Use: Agricultural, Cattle
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 284

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2017
Closed on
Dec 29, 2017
Sold by
K-B Farms
Bought by
Schumacher Stacey J and Schumacher Scott J
Seller's Agent
Jared Groce
Mossy Oak Properties of Texas- Cross Timbers Land
Buyer's Agent
Jared Groce
Mossy Oak Properties of Texas- Cross Timbers Land
List Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$98,946
Interest Rate
3.99%
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
Schumacher Stacey J $132,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Stacey J $115,000
Closed Schumacher Stacey J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold -- -- --
10/13/2017 10/13/17 Pending -- -- --
09/17/2017 09/17/17 For Sale $360,000 -- --
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
2024 $105 $6,952 $1,980 $4,972
2023 $27 $1,764 $1,764 $0
2022 $29 $1,791 $0 $0
2021 $36 $0 $0 $0
2020 $36 $0 $0 $0
2019 $30 $0 $0 $0
2018 $32 $0 $0 $0
2017 $284 $0 $0 $0
2015 $255 $0 $0 $0
2014 $255 $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: 13695676

North Texas Real Estate Information Systems (NTREIS)

APN: 140295