$4,804,000
SOLD MAY 23, 2024
Last list price

TBD Hampel Rd Palmer, TX 75152

291 Acres
$16,500 Price per Acre
12,682,670 Sq Ft Lot

Recently Sold

57 Days on Market

Highlights

  • 291.15 Acre Lot
  • Palmer Middle School Rated A-
  • Agricultural Exemption

About This Lot

As of July 2025

291.154 acre tract of land in the Palmer, TX area. The property is not zoned as the property is located outside of the city limits of Palmer with a portion of the property within the Palmer ETJ and a portion in Ellis county. The property is located in the desirable Palmer ISD attendance zone. The property has 2 points of access off of Hampel Road that are each approximately 150 feet wide and the access locations are approximately 1 mile east of I-45. The property is served by Rockett SUD for water and there currently is a 6 inch water line down Hampel Road adjacent to the property. The is no sewer to the property and there is no sewer CCN for this property. Palmer, TX is conveniently located approximately 20 miles south of Dallas off of I-45 between Ferris, TX and Ennis, TX. There is no flood plain on the property and the property is currently under a seasonal lease for crop production. See transaction desk for marketing package. Buyers agent to verify all information

Last Agent to Sell the Property

John Edelman

The Michael Group Real Estate Brokerage Phone: 817-577-9000 License #0511269 Listed on: 01/09/2024

The Michael Group Real Estate

Last Buyer's Agent

Jenny Feng

DFW Home License #0692670

Property Details

Property Type

  • Land

Lot Details

  • 291.15 Acre Lot
  • Property fronts a county road
  • Land Lease
  • Zoning described as Property is located in the ETJ and county and is not zoned

Schools

  • Palmer Elementary And Middle School
  • Palmer High School

Utilities

  • Co-Op Water
  • Sewer Not Available

Additional Features

  • Outside City Limits
  • Agricultural Exemption

Community Details

  • R Pena Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 178656
  • $1,083 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

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: No
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 817-577-9000
  • Special Features: None

Exterior Features

  • Easements: Other
  • Soil Type: Unknown
  • RoadFrontageType: County Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Co-op Water, Outside City Limits, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

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: Over 100 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 291.1540
  • Parcel Number: 178656
  • Lot Size Acres: 291.1540
  • Lot Size Sq Ft: 12682668.2400
  • Zoning Description: Property is located in the ETJ and county and is not zoned
  • Possible Use: Agricultural, Cattle, Development, Grazing, Horses, Investment, Recreational, Residential, Single Family, Vacant
  • Present Use: Agricultural, Crops
  • LandLeaseYN: Yes

Tax Info

  • Unexempt Taxes: 1083
  • Tax Lot: 1

MLS Schools

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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $6,500,000 -18.8% --
07/03/2025 07/03/25 Sold -- -- --
12/02/2024 12/02/24 Price Changed $8,000,000 +6.7% --
11/12/2024 11/12/24 Sold -- -- --
11/10/2024 11/10/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $7,500,000 +5997.6% --
08/17/2024 08/17/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $123,000 +2.5% --
08/10/2024 08/10/24 For Sale $120,000 -88.0% --
07/10/2024 07/10/24 Sold -- -- --
05/23/2024 05/23/24 Sold -- -- --
05/18/2024 05/18/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,000,000 -79.2% --
03/07/2024 03/07/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $4,804,000 +5905.0% --
08/01/2022 08/01/22 Sold -- -- --
03/15/2022 03/15/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $80,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20508970

North Texas Real Estate Information Systems (NTREIS)