NOT LISTED FOR SALE

TBD Hcr 1359 Itasca, TX 76055

49.67 Acres
-- Price per Acre
2,163,625 Sq Ft Lot

Last Sold May 27, 2022

171 Days on Market

Highlights

  • 49.67 Acre Lot
  • Interior Lot
  • Pasture
  • 2 Stock Tanks or Ponds

About This Lot

As of May 2022

This open tract of land is currently in 37 acres of fenced pasture with 2 stock tanks, and 12 acres of cultivation, right off Hwy 171 North, just south of Osceola. There is a Woodrow Osceola Water line that runs along the HCR 1359 gravel road and access to Hilco Electric if you are looking to put a residence on it. Currently in Ag Exemption.
Owner will consider owner financing with a substantial amount down or even subdividing into 2 or 3 tracts. Great place to get away from the city and relax.

Last Agent to Sell the Property

Jana Nors

Jana Nors Real Estate License #0465150 Listed on: 11/05/2021

Last Buyer's Agent

John Mazzolini

Monument Realty License #0705960

Monument Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $149

Lot Details

  • 49.67 Acre Lot
  • Property fronts a county road
  • Barbed Wire
  • Interior Lot
  • Sloped Lot
  • Cleared Lot
  • Subdivision Possible
  • Zoning described as Not Zoned

Home Design

  • Ranch Property

Schools

  • Itasca Elementary And Middle School
  • Itasca High School

Farming

  • 2 Stock Tanks or Ponds
  • Agricultural Exemption
  • 38 Acres of Pasture
  • Agricultural
  • Pasture

Additional Features

  • Outside City Limits
  • Co-Op Membership Included

Community Details

  • F Delesdernier A 214 Tr 17A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241021
  • $3,791 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$149

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Ranch
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: Access, Electric, Utilities, Water Lines
  • Fencing: Barbed Wire
  • Cultivated Acreage: 12.00
  • Pasture Acres: 37.67
  • Soil Type: Black
  • Surface Rights: All
  • Number Of Tanks And Ponds: 2
  • RoadFrontageType: County Road
  • RoadSurfaceType: Gravel

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Co-op Membership Included, None, Outside City Limits

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Agricultural, Bottom, Cleared, Interior Lot, Pasture, Sloped, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 49.6700
  • Parcel Number: 241021
  • Lot Size Acres: 49.6700
  • Lot Size Sq Ft: 2163625.2000
  • Subdivided: No
  • Zoning Description: Not Zoned
  • Possible Use: Agricultural, Cattle, Hunting/Fishing, Single Family
  • Present Use: Agricultural, Hunting/Fishing
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 3791

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
May 27, 2022
Sold by
Gerke Beverly M
Bought by
Smith Douglas Mueller and Smith Vandana S
Seller's Agent
Jana Nors
Jana Nors Real Estate
Buyer's Agent
John Mazzolini
Monument Realty
List Price
$496,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$189,241
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2021
Sold by
Gerke Biily Ray
Bought by
Gerke Beverly
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
Smith Douglas Mueller -- Micro Title
Gerke Beverly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Douglas Mueller $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold -- -- --
04/25/2022 04/25/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $459,448 -2.6% --
02/05/2022 02/05/22 Price Changed $471,865 -5.0% --
11/05/2021 11/05/21 For Sale $496,700 -- --
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
2024 $149 $623,630 $620,880 $2,750
2023 $106 $7,040 $0 $0
2022 $117 $6,520 $0 $0
2021 $138 $0 $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: 14705328

North Texas Real Estate Information Systems (NTREIS)

APN: 241021