NOT LISTED FOR SALE

Lot 1 Oates Acres Palmer, TX 75152

Estimated Value: $388,000 - $462,753

1.33 Acres
$319,856 Price per Acre
57,930 Sq Ft Lot

Last Sold June 25, 2024

Current estimated payment $2,594/month

15 Days on Market

Highlights

  • Barn or Stable
  • Palmer Elementary School Rated 9+
  • 1 Barn

About This Lot

As of June 2024

Check out this incredible piece of land in Palmer! With 1.3 acres of space and no restrictions, it's perfect for building your dream home, barndominium, or mobile home. Flat land and no flood plain make the possibilities endless for farming, raising animals, and gardening. Plus, there's a 40'x50' barn on the property with stalls setup for ranching and 0.2 acre fenced section! Plat approved. Electricity is available at the road and a water meter will be installed before closing. This lot offers the perfect combination of the privacy of being in the country and convenience of being minutes from I45. Adjacent Lot 2 (1.2788 acres) is also available for purchase and can be combined or purchased separately: MLS# 20593542

Last Agent to Sell the Property

Neil Clements

Keller Williams Realty Brokerage Phone: 972-533-8201 License #0659054 Listed on: 04/30/2024

Keller Williams Realty

Last Buyer's Agent

Rosalinda Robles

Rendon Realty, LLC License #0718447

Rendon Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,930

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 150x386
  • 2 Lots in the community
  • Zoning described as No known zoning requirements

Schools

  • Palmer Elementary And Middle School
  • Palmer High School

Utilities

  • Co-Op Water
  • Septic Tank

Additional Features

  • 1 Barn
  • Barn or Stable

Community Details

  • R Pena Subdivision

Listing and Financial Details

  • Legal Lot and Block Lot 1 / Block 1
  • Assessor Parcel Number 178744
  • $4,216 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$3,930

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 972-533-8201
  • Special Features: None

Exterior Features

  • Easements: None
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt, Co-op Water, Electricity Available, Septic, Other

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Plat Approved

Schools

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

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lots Sold Package: 2
  • Lots Sold Separate: 2
  • Lot Size Area: 1.3299
  • Lot Size: 150x386
  • Parcel Number: 178744
  • Lot Size Acres: 1.3299
  • Lot Size Sq Ft: 57930.4440
  • Subdivided: Yes
  • Zoning Description: No known zoning requirements
  • Present Use: Unimproved, Vacant

Multi Family

  • Number Of Lots: 2

Tax Info

  • Unexempt Taxes: 4216
  • Special Taxing Entities: No
  • TaxBlock: Block 1
  • Tax Lot: Lot 1

MLS Schools

  • Middle School Name: Palmer
  • Elementary School Name: Palmer
  • High School Name: Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Schleif Christopher and Schleif Ashley K
Bought by
Gonzalez Aura Yaneli Torre and Alvarez Erick Alonso
Current Estimated Value
$425,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$280,260
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$145,117

Purchase Details

Closed on
Feb 21, 2017
Sold by
Knight Robert H and Knight Donna M
Bought by
Schleif Christopher and Schleif Ashley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4.12%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Gonzalez Aura Yaneli Torre -- Old Republic Title
Schleif Christopher -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Aura Yaneli Torre $285,000
Previous Owner Schleif Christopher $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold -- -- --
05/16/2024 05/16/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $145,000 -3.3% --
04/30/2024 04/30/24 For Sale $150,000 -- --
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
2025 $3,930 $291,000 $160,000 $131,000
2024 $3,930 $330,608 -- --
2023 $3,930 $304,422 $0 $0
2022 $4,217 $265,219 $0 $0
2021 $4,089 $244,970 $0 $0
2020 $4,193 $239,060 $0 $0
2019 $4,413 $240,630 $0 $0
2018 $3,405 $214,800 $0 $0
2017 $1,321 $96,350 $0 $0
2016 $1,201 $61,620 $0 $0
2015 -- $62,560 $0 $0
2014 -- $61,950 $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: 20588616

North Texas Real Estate Information Systems (NTREIS)

APN: 178744