Seller's Agent in 2023
David Cullar
RE/MAX
(469) 323-5699
53 Total Sales
TBD Fm 2990 Ladonia, TX 75449
55.23
Acres
--
Price per Acre
2,405,950
Sq Ft Lot
Highlights
- Lake Front
- 55.23 Acre Lot
- 1 Stock Tank or Pond
- Oak Trees
- 1 Lake
- Gated Home
About This Lot
As of December 2023Waterfront property on Lake Ralph Hall, the next public lake under construction in Fannin County. Water is expected 2025. Property is 55 + OR - acres with a current Wildlife exemption. Mostly zoned for Single family homes. Approximately 19 acres of this land is subject to purchase or exchange with Upper Trinity Regional Water District. Current owner desires prospective buyer to handle all discussions and bargaining with the water district on the property subject to purchase or exchange with Upper Trinity. A reasonable option period and fee will be available to the prospective buyer to accomplish this. Please contact listing broker for survey and more details. This is a property for experienced developers or investors. Buyer and their agent are responsible for all due diligence. Appropriate contacts, a survey and proposed take by the water district and previously communicated ingress egress information is available upon request. Owner may finance with a reasonable down payment.
Last Agent to Sell the Property
RE/MAX Visionary License #0438726 Listed on: 06/26/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $47
Lot Details
- 55.23 Acre Lot
- Lake Front
- Gated Home
- Barbed Wire
- Irregular Lot
- Oak Trees
- Pine Trees
- Zoning described as Zoning is mostly in Rural Real estate single family district. Buyer and agent to verify all zoning.
Schools
- Fannindell Elementary And Middle School
- Fannindell High School
Utilities
- Co-Op Electric
- Co-Op Water
Additional Features
- Lake Views
- 1 Stock Tank or Pond
Listing and Financial Details
- Assessor Parcel Number 000000073814
- $59 per year unexempt tax
Community Details
Overview
- D Davis Subdivision
Recreation
- 1 Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2023
Closed on
Nov 27, 2023
Sold by
Peoples Otha Gene and Peoples Janice W
Bought by
Lake Serenity Llc
Seller's Agent
David Cullar
RE/MAX Visionary
Buyer's Agent
Stuart Hall
FRONTIER PROPERTIES REAL ESTATE, LLC
List Price
$2,000,000
Views
34
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lake Serenity Llc | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | -- | -- | -- |
| 08/27/2023 08/27/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | For Sale | $2,000,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $47 | $1,429,890 | $1,429,890 | $0 |
| 2023 | $51 | $4,090 | $0 | $0 |
| 2022 | $59 | $4,050 | $0 | $0 |
| 2021 | $69 | $0 | $0 | $0 |
| 2020 | $60 | $0 | $0 | $0 |
| 2019 | $59 | $0 | $0 | $0 |
| 2018 | $1,878 | $0 | $0 | $0 |
| 2017 | $1,533 | $121,360 | $121,360 | $0 |
| 2016 | $1,534 | $121,360 | $121,360 | $0 |
| 2015 | -- | $104,940 | $104,940 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Cullar
-
David Ogletree
D
Seller Co-Listing Agent in 2023
David Ogletree
RE/MAX
(469) 878-9992
19 Total Sales
-
Stuart Hall
Buyer's Agent in 2023
Stuart Hall
FRONTIER PROPERTIES REAL ESTATE, LLC
(903) 771-4782
201 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20365740
APN: 73814
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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