NOT LISTED FOR SALE

I-35 Serv Rd Abbott, TX 76621

81.53 Acres
-- Price per Acre
3,551,403 Sq Ft Lot

Sale Details

Date Sold: February 24, 2023

39 Days on Market

Highlights

  • 81.53 Acre Lot
  • Pasture
  • Agricultural Exemption
  • Corner Lot

About This Lot

As of February 2023

Less than 10 minutes from Downtown Hillsboro, this piece of property is situated just outside the city limits making it the perfect opportunity for your next investment or development project. You'll have approximately 80 acres of level pasture, free of any floodplain or pipeline easements making it suitable for development applications. For your convenience, there is direct access to I-35 with 2,500± of frontage on the I-35 service road allowing for quick travel to Hillsboro and located approximately and hour from DFW. Interstate 35 is estimated to have approximately 59,000 vehicles per day making this an ideal place to bring your plans and ideas to life.

Last Agent to Sell the Property

Jessica Dansby

SRC Local Markets, LLC License #0680157 Listed on: 12/01/2022

Last Buyer's Agent

Samba Avirneni

Pozzod LLC License #0618656

Property Details

Property Type

  • Land

Lot Details

  • 81.53 Acre Lot
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Subdivision Possible
  • Zoning described as Agricultural

Schools

  • Abbott Elementary And Middle School
  • Abbott High School

Farming

  • Agricultural Exemption
  • Agricultural
  • Pasture

Community Details

  • Leon Co Sch Ld A 517 #48 Tr 2 81.529Ac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108901
  • Tax Block 48
  • $440 per year unexempt tax

Property Details

Property Type

Land

Lot Details

81.53 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 214-578-5747
  • Special Features: None

Exterior Features

  • Easements: None

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Abbott ISD
  • Elementary School: Abbott

Lot Info

  • Lot Size: 50 to =< 100 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Corner Lot, Irregular Lot, Level, Pasture
  • Lot Size Units: Acres
  • Lot Size Area: 81.5290
  • Parcel Number: 108901
  • Lot Size Acres: 81.5290
  • Lot Size Sq Ft: 3551403.2400
  • Zoning Description: Agricultural
  • Possible Use: Agricultural, Development, Mixed Use, Pasture
  • Present Use: Agricultural

Tax Info

  • Unexempt Taxes: 440
  • TaxBlock: 48

MLS Schools

  • Middle School Name: Abbott
  • Elementary School Name: Abbott
  • High School Name: Abbott

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Apr 10, 2023
Sold by
Rex Eubank Family Land & Cattle Co Llc
Bought by
Srinidhi Lands Llc
Seller's Agent
Jessica Dansby
SRC Local Markets, LLC
Buyer's Agent
Samba Avirneni
Pozzod LLC
List Price
$2,853,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,207,652
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Srinidhi Lands Llc -- First National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinidhi Lands Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold -- -- --
01/09/2023 01/09/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $2,853,515 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $134 $1,162,040 $1,162,040 $0
2024 $4 $1,162,040 $1,162,040 $0
2023 $387 $23,640 $0 $0
2022 $440 $23,640 $0 $0
2021 $468 $0 $0 $0
2019 $490 $0 $0 $0
2018 $458 $0 $0 $0
2017 $469 $0 $0 $0
2016 $419 $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: 20218116

North Texas Real Estate Information Systems (NTREIS)

APN: 108901

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