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2,089,620 Lot Sqft.
Lot & Acreage - Farm/Ranch
8 Day(s) on HAR.com

General Description

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Here you will find an outstanding cultivated farm with an excellent cropping history that is conducive for growing wheat, corn, maize, soybeans, or cotton. The farm has been highly maintained over the years by the farmer who is also the owner. The farm is located near the intersections of FM HWY 2077 and FM HWY 1550 south of Dodd City. See the supplements of this listing for a survey, aerials, soil maps, and the location of this superb farm.

MLS#:
14461127 (NTREIS)
Sold Price Range:
$160,001 - $185,000
Listing Status:
Sold
Address:
TBD Fm 1550
City:
Bonham
State:
TX
Zip Code:
County:
Subdivision:
S.A. Dixon Survey, Abstract # 326
Legal Description:
A0327 S DIXON, ACRES 47.971
Property Type:
Lot & Acreage - Farm/Ranch
Lot Size:
2,089,620 Sqft. /Appraisal District
Land Use:
Agriculture


Exterior Features

Topography:
Varied
Lot Description:
Acreage, Cultivated, Horses Permitted, Some Trees
Utility:
All Weather Road, Outside City Limits
Utility Other:
Co-op Electric, Electric Avail. Off Site, No Electrical Meter, No Water Meter, Rural Water District


Financial Information

Financing Considered:
Cash, Conventional, Federal Land Bank


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $-- $461,520 15.30% $12,290 -5.02%
2022 $-- $400,290 87.45% $12,940 85.92%
2021 $-- $213,540 4.53% $6,960 18.37%
2020 $-- $204,280 5.80% $5,880 -5.16%
2019 $-- $193,080 15.00% $6,200 -38.86%
2018 $-- $167,900 $10,140
2023 Fannin County Appraisal District Tax Value
Market Land Value: $461,520
Market Improvement Value: $0
Total Market Value: $461,520
fannin County Appraisal District
2023 Tax Rates
FANNIN CO: 0.4007 %
BONHAM ISD: 1.0111 %
Total Tax Rate: 1.4118 %

Estimated Mortgage/Tax

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$711 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 696
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 14
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Bonham High School High . 09 - 12 . BONHAM ISD
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TBD Fm 1550 Bonham TX 75418 was recently sold. It is a 47.97 Acre(s) Lot, in S.A. Dixon Survey, Abstract # 326.

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