$849,000
SOLD APR 7, 2025
Last list price

8571 Fm 515 Alba, TX 75410

3 Beds
5 Baths
4,429 Sq Ft
4.8 Acres

Recently Sold

$192 Per Sq Ft

10 Days on Market

Highlights

  • Lake Front
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Traditional Architecture
  • Double Oven
  • Wet Bar

About This Home

As of April 2025

Great water, great trees, great view, great location! Well-designed 4000 SF home on 4.8 deeded acres plus approximately 1.8leaseback acres with over 300’ of shoreline on world-famous Lake Fork. With a long private drive directly off FM 515, you’ll thoroughly enjoy this casual but a bit rustic home with many upscale features, such as real Chicago brick and amazing terracotta tile!! Plus, a circular drive and porte cochere. Conceived and built to accommodate large gatherings, this home features a large kitchen area with plenty of workspace & storage plus a breakfast nook adjacent to the more formal dining room – solarium for larger crowds. The formal living area shares a see-thru WBFP and wet bar with the family – game room both with built-ins, high ceilings, recessed lighting, sky lights, and ceiling fans. The huge master suite is off the formal living area with an equally large master bath with 2 closets…dual sinks…separate shower and jet tub plus dressing table. The upstairs begins with a large landing with a sliding door out to the balcony overlooking the lake and the vast backyard. There are 2 additional rooms upstairs…one en-suite bedroom plus an oversized room with great views for use as a 2nd master suite or dormitory! The entire house features large vertical single frame Anderson windows for great views. Outside there’s an oversized concrete pad used for a basketball court, dance floor, and general entertaining. There are 2 covered storage buildings for boats and equipment too. At the waterfront is a large stationary dock with metal roof plus open cantilevered deck over the water plus an adjustable bridge to a Mecco-built 2-slip galvanized steel floating dock with metal roof. Centrally located on the lake…you are only minutes to the main body of the lake!! Bring a few or bring a lot of friends and family…OWNER FINANCING available with significant down payment. Many furnishings may convey with acceptable offer!

Last Agent to Sell the Property

Paul Tibbets

Signature Properties, LLC Brokerage Phone: 903-383-3530 License #0538156 Listed on: 02/21/2025

Co-Listed By

Linda Burns

Signature Properties, LLC Brokerage Phone: 903-383-3530 License #0572269

Last Buyer's Agent

Paul Tibbets

Signature Properties, LLC Brokerage Phone: 903-383-3530 License #0538156 Listed on: 02/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,872

Year Built

  • Built in 1988

Lot Details

  • 4.8 Acre Lot
  • Lake Front
  • Many Trees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 4,429 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Lake Views

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Yantis Elementary And Middle School
  • Yantis High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Water
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R52608
  • $6,872 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,872

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 903-383-3530
  • Special Features: None

Interior Features

  • Square Footage: 4429.00
  • Windows: Skylights(s)
  • Fireplace Features: Blower Fan, Brick, Wood Burning
  • Interior Amenities: Other, Wet Bar
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Double Oven, Other
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Other Equipment: Other
  • Room Count: 2

Beds/Baths

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

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Brick, Siding, Other
  • Exterior Features: Rain Gutters, Other
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Patio, Other

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 4
  • Parking Features: Covered, Garage Faces Front, Other
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Zoned
  • LaundryFeatures: Utility Room, Full Size W/D Area
  • Utilities: Aerobic Septic, Co-op Water, Other

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Many Trees, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 4.8000
  • Parcel Number: R52608
  • Lot Size Acres: 4.8000
  • Lot Size Sq Ft: 209088.0000

Green Features

  • Efficiency: Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1988

Tax Info

  • Unexempt Taxes: 6872
  • Tax Lot: 1

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • Middle School Name: Yantis
  • Elementary School Name: Yantis
  • High School Name: Yantis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Apr 4, 2025
Sold by
Casselman Scott E and Casselman Danna K
Bought by
Lachner Michael J and Lachner Carol A
Seller's Agent
Paul Tibbets
Signature Properties, LLC
Buyer's Agent
Paul Tibbets
Signature Properties, LLC
List Price
$899,000
Views
8
Current Estimated Value
$891,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$783,750
Outstanding Balance
$783,750
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$107,733

Purchase Details

Closed on
Dec 30, 2011
Sold by
Collier Joan Lee Tibbets and Tibbets Adam Cole
Bought by
Casselman Scott E and Casselman Danna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Wood County Title
Vendors Lien -- Wood County Title Comany
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $783,750 New Conventional
Previous Owner $250,000 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold -- -- --
03/04/2025 03/04/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $849,000 -5.6% $192 / Sq Ft
02/21/2025 02/21/25 For Sale $899,000 -- $203 / 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 $6,872 $824,410 $261,360 $563,050
2023 $6,260 $804,410 $230,370 $574,040
2022 $6,718 $593,160 $186,170 $406,990
2021 $6,525 $491,540 $186,170 $305,370
2020 $6,331 $410,170 $72,940 $337,230
2019 $6,592 $383,520 $72,940 $310,580
2018 $6,301 $364,240 $83,880 $280,360
2017 $6,274 $360,430 $80,070 $280,360
2016 $6,274 $360,430 $80,070 $280,360
2015 -- $360,430 $80,070 $280,360
2014 -- $360,430 $80,070 $280,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20847768

North Texas Real Estate Information Systems (NTREIS)

APN: R52608