$10,700,000

983 State Highway 78 S Farmersville, TX 75442

Estimated payment $58,332/month

Total Views 3,022
28 Acres
$384,477 Price per Acre
1,212,275 Sq Ft Lot

About This Lot

CALLING ALL INVESTORS AND DEVELOPERS!! Looking for the perfect setting to bring your innovative development projects to fruition? Look no further than this expansive 27.83-acre tract strategically located on heavily traveled HWY 78, in the thriving Farmersville area of Collin County. Many other commercial properties in the area are expanding or developing. This property would be perfect for apartments, storage facility, homesite development, you name it! Approximately 1 hr to DFW, 25 minutes to Greenville, Wylie, & McKinney. Just 2.5 miles to the Historic Downtown Farmersville, to do your shopping, eating or just walking around. Let's GOOOOOO!

Listing Agent

Jamie Lynn NeSmith

Core One Real Estate, L.L.C Brokerage Phone: 214-726-6389 License #0759300 Listed on: 05/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $375

Lot Details

  • 27.83 Acre Lot
  • Cleared Lot
  • Few Trees
  • Zoning described as Residential, Commercial

Schools

  • Tatum Elementary School
  • Farmersville High School

Farming

  • Agricultural

Community Details

  • Abs A0452 M C Hamilton Subdivision

Listing and Financial Details

  • Assessor Parcel Number R645200000601

Property Details

Property Type

Land

Est. Annual Taxes

$375

Lot Details

0

Listing Details

  • OWNERNAME: Sumrow
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Attribution Contact: 214-726-6389
  • Co List Office Mls Id: COR01C
  • Special Features: VirtualTour

Exterior Features

  • RoadFrontageType: All Weather Road

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, None, Septic Available

Schools

  • Elementary School: Tatum
  • High School: Farmersville
  • Junior High Dist: Farmersville ISD

Lot Info

  • Lot Features: Acreage, Agricultural, Cleared, Pond on Lot, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 27.83
  • Parcel Number: R645200000601
  • Lot Size Acres: 27.83
  • Lot Size Sq Ft: 1212274.8
  • Zoning Description: Residential, Commercial
  • Present Use: Agricultural, Cattle, Livestock

Tax Info

  • Tax Annual Amount: 375.0

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

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 $375 $25,490 $22,616 $2,874
2023 $375 $25,122 $22,755 $2,367
2022 $378 $24,835 $22,839 $1,996
2021 $315 $406,386 $403,620 $2,766
2020 $289 $406,358 $403,620 $2,738
2019 $313 $19,781 $403,620 $2,720
2018 $302 $18,997 $0 $0
2017 $263 $347,451 $0 $0
2016 $857 $326,401 $0 $0
2015 $891 $326,401 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $10,700,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,350 Credit Line Revolving
Previous Owner $105,000 Unknown
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20938443

North Texas Real Estate Information Systems (NTREIS)

APN: R-6452-000-0060-1