NOT LISTED FOR SALE

Talco, TX 75487

Estimated Value: $582,000 - $1,259,000

47.19 Acres
$20,346 Price per Acre
2,055,379 Sq Ft Lot

Sale Details

Date Sold: November 24, 2023

Current estimated payment $5,708 / mo

265 Days on Market

Highlights

  • Additional Residence on Property
  • Pond
  • Vaulted Ceiling
  • 47.19 Acre Lot
  • Multiple Fireplaces
  • Ranch Style House

About This Lot

As of November 2023

Positive cash flow with potential for additional streams of income! Four commercial chicken houses, with profitable earnings, are in contract & sit on 47 acres. Property also comes with 2 possible rentals & an extra large workshop. The newer stone building (formerly used as a large office) features a welcoming front porch, possible 4 bedrooms, living area & kitchen, tongue-n-groove cathedral ceilings, & a floor-ceiling stone fireplace. The 2nd building is a 1734 sq.ft. 3bd-2ba farmhouse with newer outdoor living area under covered patio, outdoor fireplace, & ceiling fans. Bonus is an insulated 70x40 workshop which includes 20ft ceilings, concrete flooring, office room, half bath, & 18x70 lean-to. Acreage provides room for livestock & comes with pasture, fencing, & ponds. Live on the farm & keep one residence for family, guests, ranch-hand, or turn into a rental or AirBnB. Or rent both buildings for multiple sources of income. Great investment with plenty of opportunities for revenue!

Last Agent to Sell the Property

Janet Martin

Janet Martin Realty License #0479952 Listed on: 10/17/2022

Last Buyer's Agent

NON MEMBER AGENT

NON MEMBER OFFICE

Property Details

Property Type

  • Land

Year Built

  • Built in 1997

Lot Details

  • 47.19 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Level Lot

Parking

  • Workshop in Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Cottage
  • Slab Foundation
  • Aluminum Roof
  • Siding
  • Stone

Interior Spaces

  • 1,440 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Homes

  • Additional Residence on Property

Schools

  • Mt Vernon Elementary And Middle School
  • Mt Vernon High School

Utilities

  • Central Air
  • Natural Gas Not Available
  • Co-Op Water
  • Septic System

Community Details

Overview

  • Rural 47 Acres Subdivision

Recreation

  • Pond
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Property Details

Property Type

Land

Year Built

Built in 1997

Lot Details

47.19 Acres

Listing Details

  • OFFICELIST_ADDRESS: 919 E Farm Road 71
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • LO1BrokerLicenseNumber: 0479952 - Janet Martin
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Positive cash flow with potential for additional streams of income! Four commercial chicken houses, with profitable earnings, are in contract & sit on 47 acres. Property also comes with 2 possible rentals & an extra large workshop. The newer stone building (formerly used as a large office) features a welcoming front porch, possible 4 bedrooms, living area & kitchen, tongue-n-groove cathedral ceilings, & a floor-ceiling stone fireplace. The 2nd building is a 1734 sq.ft. 3bd-2ba farmhouse with newer outdoor living area under covered patio, outdoor fireplace, & ceiling fans. Bonus is an insulated 70x40 workshop which includes 20ft ceilings, concrete flooring, office room, half bath, & 18x70 lean-to. Acreage provides room for livestock & comes with pasture, fencing, & ponds. Live on the farm & keep one residence for family, guests, ranch-hand, or turn into a rental or AirBnB. Or rent both buildings for multiple sources of income. Great investment with plenty of opportunities for revenue!
  • OFFICELIST_STATE: TX
  • Building Style: Traditional, Cottage
  • Subdivision Name: Rural 47 acres
  • YearOfConstruction: 1997
  • Crops Grasses: Native
  • ROADTYPEACCESS: County Maintained Road, All Weather
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1997

Interior Features

  • Primary Bathroom: Other/See Remarks
  • Master Bedroom: Other/See Remarks
  • Number of Dining Areas: Kitchen/Eating Combo
  • Fireplace: Wood Burning, Two or more, Exterior, Stone
  • Flooring: Laminate, Other/See Remarks
  • Interior Amenities: Ceiling Fan, Vaulted Ceilings
  • Kitchen Equipment: Dishwasher, Microwave
  • Master Bedroom: 1 Living Area
  • Source of Sq Ft: Tax
  • Land Features: Pond
  • ROADSURFACEINTERIOR: Gravel

Exterior Features

  • Exterior Construction: Stone/Rock, Siding
  • Easements: Other/See Remarks
  • Fencing: Barbwire Fence, Partial Fence
  • Exterior: Patio Open, Patio Covered, Gutter(s), Porch
  • Foundation: Slab
  • Out Buildings: Guest Quarters, Storage Building(s), Metal Outbuilding(s), Work Shop, Other/See Remarks, Additional Residence/Rmrk
  • Pool/Spa: None
  • Roof: Aluminum/Metal
  • Waterfront: No
  • Water View: No
  • Topography: Level

Garage/Parking

  • Driveway: Gravel
  • Garage/Carport Description: Workshop Area

Utilities

  • Cooling: Central Electric
  • Electric: Electric Available, Electric Onsite
  • Gas Company: None
  • Heating: Central Electric
  • Sewer: Conventional Septic Sys
  • Hot Water: Cooperative

Fee Information

  • Tax Class: FARMS & RANCHES

Schools

  • Elementary School: Mt Vernon
  • High School: Mt Vernon
  • Middle School: Mt Vernon

Lot Info

  • Total Acres: 47.185
  • Timber Type: Mixed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 22, 2023
Sold by
Winkle Stacy X
Bought by
Mawng Sui and Mawng Thla Pen
Seller's Agent
Janet Martin
Janet Martin Realty
Buyer's Agent
NON MEMBER AGENT
NON MEMBER OFFICE
List Price
$1,000,000
Views
33
Current Estimated Value
$960,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
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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Purchase History

Date Buyer Sale Price Title Company
Mawng Sui -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2023 11/24/23 Sold -- -- --
07/10/2023 07/10/23 Pending -- -- --
12/15/2022 12/15/22 Price Changed $875,000 -12.5% $608 / Sq Ft
10/17/2022 10/17/22 For Sale $1,000,000 -- $694 / Sq Ft
Source: Greater Tyler Association of REALTORS®

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 $6,451 $609,630 $0 $0
2024 $81 $0 $0 $0
2023 $9,287 $964,410 $336,160 $628,250
2022 $3,922 $523,560 $265,410 $258,150
2021 $4,236 $426,410 $181,230 $245,180
2020 $4,346 $411,810 $176,510 $235,300
2019 $4,578 $306,330 $72,130 $234,200
2018 $4,566 $306,330 $72,130 $234,200
2017 $4,376 $306,330 $72,130 $234,200
2015 -- $305,610 $72,130 $233,480
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Martin

    Seller's Agent in 2023

    Janet Martin

    Janet Martin Realty

    (903) 885-1234

    410 Total Sales

    Janet Martin
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER AGENT

    NON MEMBER OFFICE

See All Agents

Source: Greater Tyler Association of REALTORS®

MLS Number: 10157612

Greater Tyler Association of REALTORS®

APN: 864

Texas Franklin County Talco

75457

Not Listed for Sale

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