2626 Fm 816, Wolfe City TX, 75496
(Active)
$3,150,000
|
|
MLS# 20416689
Last Updated: 5/19/2024 12:02 PM
Description for
2626 Fm 816
Wolfe City, TX 75496
Beautiful acreage with a mixture of farmland, pastureland, trees, creek and ponds situated on the northeast corner of FM 816 and County Rd1016. The property is situated between Leonard and Wolfe City, primarily in Hunt County and partially in Fannin County. Corner property with a total of over 3,500 feet of frontage on FM 816 and County Rd 1016. Highly accessible to the expanding S.H. 121 corridor, providing connectivity into the northern developing suburbs of Dallas. The property's frontage on FM 816 provides for quick accessibility to U.S. 69, S.H. 11 and S.H. 78. The majority of this property is inside of an Opportunity Zone providing for the possibility of unique tax benefits. This property is located purely in the county. Ideal land investment opportunity. Marketing package available upon request.
Price
$3,150,000
None
Hunt
20416689
Active
Description
Beautiful acreage with a mixture of farmland, pastureland, trees, creek and ponds situated on the northeast corner of FM 816 and County Rd1016. The property is situated between Leonard and Wolfe City, primarily in Hunt County and partially in Fannin County. Corner property with a total of over 3,500 feet of frontage on FM 816 and County Rd 1016. Highly accessible to the expanding S.H. 121 corridor, providing connectivity into the northern developing suburbs of Dallas. The property's frontage on FM 816 provides for quick accessibility to U.S. 69, S.H. 11 and S.H. 78. The majority of this property is inside of an Opportunity Zone providing for the possibility of unique tax benefits. This property is located purely in the county. Ideal land investment opportunity. Marketing package available upon request.
Listing Information
| Property Type: Land, Other | ||
| 252.19 Acres | Agricultural, Cattle, Commercial, Development, Grazing, Horses, Investment, Manufactured Home, Pasture, Ranch, Recreational, Residential, Single Family | |
None
Agricultural
Neighborhood
School Information
| District: Wolfe City ISD | ||
| Wolfecity | Wolfecity | Wolfecity |
Room Information
Exterior / Lot Features
Ag
Wooded, Agricultural, Cleared, Corner Lot, Many Trees, Pasture
Driving Directions
From S.H. 121 in Melissa, go to S.H. 160 & exit south toward Blue Ridge. Take a quick left onto S.H. 78 toward Leonard & continue through Leonard. Take a right onto U.S. 69, then a quick left onto FM 272. Continue for just over 6 miles on FM 272 (becomes FM 816) to the subject property at C.R. 1016.
Financial Considerations
| 23104 |
| $618 |
1031 Exchange, Cash, Conventional
Listing Price History
Wolfe City Real Estate
Wolfe City is located in Texas. Wolfe City, Texas 75496 has a population of 1,321.
The median household income in Wolfe City, Texas 75496 is $65,578. The median household income for the surrounding county is $59,877 compared to the national median of $66,222. The median age of people living in Wolfe City 75496 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 8/25/2023 | Active | $3,150,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2021 | $1,194 USD | -59.89% | $66,000 USD | - |
| 2020 | $2,977 USD | 11.50% | $66,000 USD | -58.89% |
| 2019 | $2,670 USD | 34.92% | $160,540 USD | 18.49% |
| 2018 | $1,979 USD | 32.65% | $135,490 USD | 90.59% |
| 2017 | $1,492 USD | 35.51% | $71,090 USD | 35.54% |