NOT LISTED FOR SALE

Tract E Tbd Fm 513 Point, TX 75453

Estimated Value: $428,000

11 Acres
$39,777 Price per Acre
468,706 Sq Ft Lot

Last Sold February 15, 2023

Current estimated payment $2,538/month

13 Days on Market

Highlights

  • 10.76 Acre Lot
  • Brush Vegetation
  • Many Trees
  • Rains Elementary School Rated A-

About This Lot

As of February 2023

The great country escape awaits you with this majestic 10 acres with open spaces for multiple homesites and great coverage with towering trees. Under one hour from downtown Dallas and seconds from Lake Tawakoni, this property allows you to live the life of peace and comfort while maintaining close proximity to every day life. The majority of the property sits back off the road creating a serene environment with the help of some of the most beautiful trees Mother Nature has to offer. Multiple lakes within close distances that will keep the your recreational desires fulfilled year round. Enough acreage and woods to hunt on your own land, what is not to love! Adjoining acreage available for same price if you want 20 acres!

Last Agent to Sell the Property

John Mays

Chanan Corp License #0750425 Listed on: 12/18/2022

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,322

Lot Details

  • 10.76 Acre Lot
  • Brush Vegetation
  • Flag Lot
  • Cleared Lot
  • Many Trees
  • Zoning described as See Restrictions

Schools

  • Rains Elementary And Middle School
  • Rains High School

Utilities

  • Co-Op Electric
  • Co-Op Water

Community Details

  • Iron Bridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number R21718
  • $2,255 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$2,322

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 512-396-5115
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • RoadFrontageType: FM Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt, Co-op Electric, Co-op Water

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Rains ISD
  • Elementary School: Rains
  • High School: Rains
  • School District: Rains ISD
  • Elementary School: Rains
  • Intermediate School: Rains
  • Junior High School: Rains

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Brush, Cleared, Flag Lot, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 10.7600
  • Parcel Number: R21718
  • Lot Size Acres: 10.7600
  • Lot Size Sq Ft: 468705.6000
  • Zoning Description: See Restrictions

Tax Info

  • Unexempt Taxes: 2255

MLS Schools

  • Elementary School Name: Rains
  • High School Name: Rains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Feb 21, 2023
Sold by
Perpetuate Capital Fixed Income Fund I L
Bought by
Js Chevez Company Llc
Seller's Agent
John Mays
Chanan Corp
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$129,900
Current Estimated Value
$428,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.58%
Original Mortgage
$125,910
Outstanding Balance
$122,769
Interest Rate
6.32%
Estimated Equity
$175,231

Purchase Details

Closed on
Dec 8, 2022
Sold by
Blancas-Salazar Jose Antonio
Bought by
Perpetuate Capital Fixed Income Fund I Lp
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
Js Chevez Company Llc -- None Listed On Document
Perpetuate Capital Fixed Income Fund I Lp $91,607 None Listed On Document
Perpetuate Capital Fixed Income Fund I Lp $91,607 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Js Chevez Company Llc $125,910
Closed Js Chevez Company Llc $125,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold -- -- --
12/31/2022 12/31/22 Pending -- -- --
12/18/2022 12/18/22 For Sale $129,900 -- --
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
2023 $2,322 $158,452 $158,452 $0
2022 $2,255 $132,043 $132,043 $0
2021 $2,489 $132,043 $132,043 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Mays

    Chanan Corp

    (737) 465-1444

    66 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS MEMBER

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20224569

North Texas Real Estate Information Systems (NTREIS)

APN: R21718

Texas Rains County Point 75453

Tract E Tbd Fm 513, Point, TX

This home is located at Tract E Tbd Fm 513, Point, TX 75453 since 18 December 2022 and is currently estimated at $428,000. Tract E Tbd Fm 513 is a home located in Rains County with nearby schools including Rains Elementary School, Rains Intermediate School, and Rains Junior High School.

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