NOT LISTED FOR SALE

Lot 5 Smith Oak Rd Sherman, TX 75090

17 Acres
-- Price per Acre
740,520 Sq Ft Lot

Last Sold February 06, 2023

77 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Stock Tank or Pond
  • Pasture
  • 17 Acre Lot

About This Lot

As of February 2023

This is lot 5 of 6 and an amazing opportunity to own ±17 acres with beautiful mature trees including several towering pecans. This property is currently in agriculture and ready to build your dream home or ranch. Fantastic views from many build sites throughout. Brand new paved county road. Water & electric on site (buyer is responsible for electric and water meter). Existing pond with hill top views!

Seller to include gate, pipe fence, and gravel drive 50’ past gate to match lot 6 enterance. Survey stakes on site to show visual aid of what lot 5 will look like. Recently completed approximately $20,000 worth of fence and drive way work. This includes 3 rail painted pipe fence at the front of the property and approximately 1300’ of 4-wire barb wire fence down the west side of the property! Final plat by surveyor to determine final meets & bounds, ±17 acres, to be provided before closing.

Owner or Seller reserves all rights to any minerals on or underlying said property.

Last Agent to Sell the Property

Larry Millson

HOMETOWN REALTY, COLLINSVILLE License #0278202 Listed on: 10/21/2022

Last Buyer's Agent

Kim Lewison

Fathom Realty License #0537260

Fathom Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Lot Details

  • 17 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Perimeter Fence
  • Aluminum or Metal Fence
  • Pipe Fencing
  • Cleared Lot
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Dillingham Elementary School
  • Sherman Middle School
  • Dillingham Middle School
  • Sherman High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Co-Op Water
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Community Details

  • Franklin W Davis Surv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121955

Property Details

Property Type

Land

Est. Annual Taxes

$10

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: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 903-429-7653
  • Special Features: None

Exterior Features

  • Easements: Water Lines
  • Fencing: Barbed Wire, Metal, Perimeter, Pipe, Wire
  • Number Of Tanks And Ponds: 1
  • RoadFrontageType: County Road
  • RoadSurfaceType: Gravel

Utilities

  • Utilities: All Weather Road, Cable Available, Co-op Water, Electricity Available, Individual Water Meter, Septic, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Sherman ISD
  • Elementary School: Dillingham
  • Intermediate School: Dillingham

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Cleared, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 17.0000
  • Parcel Number: 121955
  • Lot Size Acres: 17.0000
  • Lot Size Sq Ft: 740520.0000
  • Zoning Description: Not Zoned
  • Possible Use: Agricultural, Cattle, Development, Horses, Hunting/Fishing, Investment, Livestock, Pasture, Ranch
  • Present Use: Agricultural, Cattle

MLS Schools

  • Middle School Name: Sherman
  • Elementary School Name: Dillingham
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Fang Qing
Bought by
Fang Frank Yuxing

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 22, 2023
Sold by
Wclc 13791 Llc
Bought by
Fang Qing and Zhang Ping
Seller's Agent
Larry Millson
HOMETOWN REALTY, COLLINSVILLE
Buyer's Agent
Kim Lewison
Fathom Realty
List Price
$299,000
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 3, 2023
Sold by
Wclc 13791 Llc
Bought by
Kitts Zachary Austin
Seller's Agent
Larry Millson
HOMETOWN REALTY, COLLINSVILLE
Buyer's Agent
Kim Lewison
Fathom Realty
List Price
$299,000
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2021
Sold by
Wclc 13791 Llc
Bought by
Vadavala Vikram and Cheruku Abhiram Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2021
Sold by
Wclc 13791 Llc
Bought by
Vadavala Vikram and Cheruku Abhiram Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2018
Sold by
Le Baker Bobbie Altha Phillips
Bought by
Wclc 13791 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Baker Bobbie Altha Phillips
Bought by
Phillips Robert H and Phillips Donna Kay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Fang Frank Yuxing -- Chapin Title Company
Fang Qing -- Chapin Title Company
Kitts Zachary Austin -- Red River Title
Vadavala Vikram -- Secured Title
Vadavala Vikram -- Secured Title
Wclc 13791 Llc -- Chicago Title
Phillips Robert H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitts Zachary Austin $223,200
Previous Owner Vadavala Vikram $357,000
Previous Owner Vadavala Vikram $357,000
Previous Owner Wclc 13791 Llc $672,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold -- -- --
01/06/2023 01/06/23 Pending -- -- --
10/21/2022 10/21/22 For Sale $299,000 -- --
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 $10 $654 $654 --
2024 $10 $609 $0 $0
2023 $12 $702 $702 $0
2022 $23 $1,251 $1,251 $0
2021 $94 $4,636 $4,636 $0
2020 $0 $5,740 $5,740 $0
2019 $141 $6,214 $6,214 $0
2018 $143 $6,290 $6,290 $0
2017 $142 $6,805 $6,805 $0
2016 $141 $6,729 $6,729 $0
2015 $0 $6,547 $6,547 $0
2014 -- $6,612 $6,612 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20187720

North Texas Real Estate Information Systems (NTREIS)

APN: 121955