NOT LISTED FOR SALE

Estimated Value: $500,000

5 Acres
$100,000 Price per Acre
217,800 Sq Ft Lot

Last Sold April 29, 2019

Current estimated payment $2,994/month

38 Days on Market

Highlights

  • Horses Allowed On Property
  • 5 Acre Lot
  • Pasture
  • Home fronts a creek
  • 1 Stock Tank or Pond
  • Level Lot

About This Lot

As of April 2019

Located in far East Collin County, Farmersville ISD, and 1 Mile from Chaparrel Rail Trail- 5 +- Acres is waiting for you to build your home, and running livestock. Tired of the hustle and bustle of the city, come to the country and experience country living, where things are slower and much more peaceful. Large pecan trees, pond and fully fenced. No lease. Minerals convey. Co-Water, Electric and Septic. No survey.

Last Agent to Sell the Property

Wendy Johnson, ALC

Keller Williams Rockwall License #0621035 Listed on: 02/09/2019

Keller Williams Rockwall

Last Buyer's Agent

Tonya Mercer

Texan Realtor Group LLC License #0533818

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,241

Lot Details

  • 5 Acre Lot
  • Home fronts a creek
  • Barbed Wire
  • Level Lot
  • Few Trees
  • Zoning described as Agricultural

Home Design

  • Ranch Property

Schools

  • Tatum Elementary School
  • Farmersvil Middle School
  • Farmersvil High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption
  • Loafing Shed
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Co-Op Electric
  • Septic Tank

Community Details

  • 1 Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 1184024
  • Tax Block 1
  • $244 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$3,241

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: No
  • Agricultural Exemption YN: Yes
  • Crop Retire Program Y N: No
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Barbed Wire
  • Soil Type: Clay
  • Number Of Tanks And Ponds: 1

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Co-op Electric, See Remarks, Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Farmersville ISD
  • Elementary School: Tatum
  • High School: Farmersvil
  • School District: Farmersville ISD
  • Elementary School: Tatum
  • Intermediate School: Farmersvil
  • Junior High School: Farmersvil
  • High School: Farmersvil

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Few Trees, Level, Pasture, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 5.0000
  • Parcel Number: 1184024
  • Lot Size Acres: 5.0000
  • Lot Size Sq Ft: 217800.0000
  • Subdivided: No
  • Zoning Description: Agricultural
  • Possible Use: Agricultural, Cattle, Equine, Grazing, Single Family
  • Present Use: Agricultural
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 244
  • TaxBlock: 1

Multi Family

  • Separate Water Meters: 1
  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Farmersvil
  • Elementary School Name: Tatum
  • High School Name: Farmersvil

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Reynolds Rina Lanette
Bought by
Reynolds Timothy Rance
Current Estimated Value
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$87,627
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Estimated Equity
$412,373

Purchase Details

Listed on
Feb 9, 2019
Closed on
Apr 29, 2019
Sold by
Elliff Regena G
Bought by
Reynolds Timothy R and Reynolds Rina L
Seller's Agent
Wendy Johnson, ALC
Keller Williams Rockwall
Buyer's Agent
Tonya Mercer
Texan Realtor Group LLC
List Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.21%
Original Mortgage
$85,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
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
Reynolds Timothy Rance -- None Listed On Document
Reynolds Timothy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Timothy Rance $90,000
Previous Owner Reynolds Timothy R $340,000
Previous Owner Reynolds Timothy R $156,356
Previous Owner Reynolds Timothy R $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold -- -- --
03/19/2019 03/19/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $100,000 -- --
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 $3,241 $162,794 $50,409 $112,385
2022 $768 $50,421 $50,421 $0
2021 $327 $102,600 $102,600 $0
2020 $300 $102,600 $102,600 $0
2019 $244 $15,440 $75,000 $0
2018 $246 $15,444 $75,000 $0
2017 $246 $75,000 $15,000 $60,000
2016 $209 $60,000 $12,000 $48,000
2015 $217 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14017318

North Texas Real Estate Information Systems (NTREIS)

APN: R-6293-001-0410-1