NOT LISTED FOR SALE

Lot 2 County Road 178 Gainesville, TX 76240

Estimated Value: $164,835

3.19 Acres
$51,705 Price per Acre
138,869 Sq Ft Lot

Last Sold April 13, 2022

Current estimated payment $993/month

123 Days on Market

About This Lot

As of April 2022

This home is located at Lot 2 County Road 178, Gainesville, TX 76240 since 12 November 2021 and is currently estimated at $164,835. Lot 2 County Road 178 is a home located in Cooke County with nearby schools including Callisburg Elementary School, Callisburg Middle School, and Callisburg High School.

Last Agent to Sell the Property

Kimberly Cain

THE REAL ESTATE COMPANY License #0722807 Listed on: 11/12/2021

Last Buyer's Agent

Kimberly Cain

THE REAL ESTATE COMPANY License #0722807 Listed on: 11/12/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,497

Lot Details

  • 3.19 Acre Lot
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Callisburg Elementary And Middle School
  • Callisburg High School

Farming

  • 3 Acres of Pasture

Utilities

  • Electricity Not Available
  • Co-Op Water

Community Details

  • Rex Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 158587

Property Details

Property Type

Land

Est. Annual Taxes

$1,497

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Other
  • Pasture Acres: 3.18
  • RoadSurfaceType: Gravel

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Co-op Water, Electricity Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Callisburg ISD
  • Elementary School: Callisburg
  • High School: Callisburg

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 3.1880
  • Parcel Number: 158587
  • Lot Size Acres: 3.1880
  • Lot Size Sq Ft: 138869.2800
  • Zoning Description: Not Zoned
  • Present Use: Agricultural

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Perez Orlando and Perez Jessica H
Bought by
V & M Framing Llc
Current Estimated Value
$164,835

Purchase Details

Closed on
May 4, 2023
Sold by
C & A Hough Joint Venture Llc
Bought by
Perez Orlando and Perez Jessica H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2020
Sold by
Rozell Ranching And Real Estate Llc
Bought by
Drye Rustin and Drye Madyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
V & M Framing Llc -- None Listed On Document
V & M Framing Llc -- None Listed On Document
Perez Orlando -- None Listed On Document
Perez Orlando -- None Listed On Document
Drye Rustin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Orlando $119,000
Previous Owner Drye Rustin $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold -- -- --
03/15/2022 03/15/22 Pending -- -- --
03/12/2022 03/12/22 Price Changed $105,000 -8.7% --
11/12/2021 11/12/21 For Sale $115,000 -- --
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 $1,497 $140,520 $140,520 $0
2024 $1,497 $118,489 $118,489 $0
2023 $1,601 $125,418 $125,418 $0
2022 $1,860 $125,418 $125,418 $0
2021 $1,080 $59,055 $59,055 $0
2020 $1,151 $59,055 $59,055 $0
2019 $877 $45,003 $45,003 $0
2018 $713 $36,382 $36,382 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14709763

North Texas Real Estate Information Systems (NTREIS)

APN: 158587