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703 Merit Street, Farmersville, TX 75442
$2,663,700 Sale Pending
703 Merit Street, Farmersville, TX 75442View this property at 703 Merit Street, Farmersville, TX 75442
703 Merit StreetFarmersvilleTX75442
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Property Description
Incredible Investment opportunity inside the the city limits of Farmersville. Beautiful rolling property on 50 acres, great road frontage, 3200 sq. ft home with an indoor swimming pool. Shop-Barn with working pens and electric. The value is in the land. This incredible property is in walking distance to all of Farmersville ISD campuses. It borders the beautiful Chaparell Trail and is down the road from the JW Spain Athletic Complex. Ag Exempt and waiting for the right developer to take advantage of this incredible property. The value is in the land and the house is sold as is.
Full Property Details
Full Property Details for 703 Merit St
General
- Price: $2,663,700
- Taxes: $5,050
- Status: Pending
- Type: Farm
- MLS ID: 14709212
- Updated: 4/22/2024
- Added to Site: 792 day(s) ago
Interior
- Interior Features: High Speed Internet
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Decorative
- Appliances: Double Oven, Dishwasher, Disposal, Gas Range, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Gunite, In Ground
- Equipment: Satellite Dish
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Garage Door Opener
Location
- Area: 58 - FARMERSVILLE AREA
- County: Collin
- Subdivision: WB Williams
- Driving Directions: From McKinney Hwy 380 E to Farmersville. N on Hwy 78 to McKinney St. Rt on McKinney St to Main St. Lt on Main St. to Murchison St. Rt on Murchison to Merit Lt on Merit to property on Lt. NO Sign
School Information
- Elem School District: Farmersville ISD
- Midd School District: Farmersville ISD
- High School District: Farmersville ISD
- Elementary School: Tatum
- Middle School: Farmersville
- High School: Farmersville
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Water: Public
- Utility Description: Natural Gas Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 3,232
- Living Area: 3,232 Sq. Ft.
- Current Bldg. Use: Agricultural, Grazing, Single Family
- Year Built: 1974
Additional Structures
- Other Structures: Workshop, Barn(s), Stable(s)
Lot Features
- Lot Size (Acres): 53.274
- Lot Size (Sq. Ft.): 2,320,615.44
- Frontage: City Street, Asphalt
- Lot Features: Acreage, Back Yard, Lawn, Pasture, Sloped, Sprinkler System, Few Trees
- Potential Use: Agricultural, Cattle, Grazing, Horses, Single Family
- Land Lease Avail: Yes
- Fencing (Description): Barbed Wire, Cross Fenced
Green Features
- Energy Efficient: Appliances, Thermostat, Windows
Financial Considerations
- Tax Amount: $5,050
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Special Conditions: Standard
- Legal Description: ABS A0952 W B WILLIAMS SURVEY, SHEET 5, TRACT
- Exclusions: Diesel Tank
- Property ID: R695200517101
- Block: 5
Listed by Farmersville Real Estate Company, Randal Shinn
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Schools
Schools serving 703 Merit St
School District:Farmersville Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
807 N Main St, Farmersville, TX 75442 | 2-5 | 0.4 mi | |
Tatum Elementary School, Farmersville, TX
405 N Washington St, Farmersville, TX 75442 | PK-1 | 0.5 mi | |
501 State Highway 78 N, Farmersville, TX 75442 | 6-8 | 0.9 mi | |
499 State Highway 78 N, Farmersville, TX 75442 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 703 Merit St
Date
Details
Price
Change
Source
4/11/2023
Price Reduced
$2,663,700
-13.18%
MLS
3/01/2022
Listed
$3,068,177
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 703 Merit St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,450
—
$807,407
-34%
2022
$3,450
6%
$1,229,819
230%
2021
$3,265
6%
$372,572
8%
2020
$3,091
-43%
$343,863
41%
2019
$5,390
4%
$243,271
10%
2018
$5,160
8%
$221,282
10%
2017
$4,776
6%
$201,353
10%
2016
$4,524
4%
$183,358
10%
2015
$4,333
7%
$166,954
4%
2014
$4,051
6%
$159,883
1%
2013
$3,830
—
$158,364
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 703 Merit St
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