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10616 County Road 506, Venus, TX, 76084

$7,656,380

144.46 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20466460
Lot Size144.46 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 10616 County Road 506

The Mansfield-Venus-Midlothian submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. This property is in the path of growth coming from the developments to the east along 67 and 287. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable than property most all other areas of North Texas. Roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA, this 144 acres in Venus ETJ is a hidden gem within the Metroplex. The property has electricity and water, the City of Venus is in the engineering stages of installing a large sewer line along US 67 which will be .5 miles from this property. This 144 acres was one of two parcels totaling 263 AC, the 118 acre parcel sold. This 144 is available along with 62 acres to the east of it, totaling 206 acres.

Property Details

Property Features

Listing Office:

  • Office Name: Younger Partners Dallas, LLC
  • Office Phone: (214) 238-8000
  • Listing Agent: Jennifer Permenter

Virtual/3D Tour

  • Virtual Tour: 10616 County Road 506

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Lot Features

Lot Information:

  • Lot: Agricultural, Few Trees
  • Lot Size: 144.46 Acres

School Info

Assigned Schools Information:

  • Venus High School, Public District Grades 9-12
  • Venus Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: From US 67, head north on 615 for roughly 1 mile. CR 615 will curve east (right) then back left (north) just before CR 506. Turn right on CR 506 and the subject 144 acres will be along the left hand side of the CR for the next .9 miles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,656,380

Tax Information:

  • Annual Amount: $607
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20466460

Listing Office:

  • Office Name: Younger Partners Dallas, LLC
  • Office Phone: (214) 238-8000
  • Listing Agent: Jennifer Permenter

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/3/2024, 5:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$607$577,520
2018$677$31,186

History based on county public records data.

Payment Calculator

$38.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5490731
4
/10

  • Venus Elementary School

  • 20 Bulldog Dr

  • 2.32 miles

  • Public District Grades 2-5

High School

school-card-donut-5490732
4
/10

  • Venus High School

  • 12 Bulldog Dr

  • 2.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,580. Typical income of Johnson County, TX residents is between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10616 County Road 506

What is the listing price of this property?

The listing price of 10616 County Road 506 property is $7,656,380.

What type of property is this?

The property 10616 County Road 506 is land located in Venus, Texas, 76084.

Is this property for sale now?

Accepting Backup Offers: 10616 County Road 506 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 10616 County Road 506 are:
Venus Elementary School: GreatSchools Rating 4/10
Venus High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $607 (source: MLS/based on county public records data).

How much acreage is this property?

The property 10616 County Road 506 is 144.46 acres.
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Rocket Homes›Texas›Johnson County›Venus›76084›10616 County Road 506

This home is located at 10616 County Road 506 in Venus, TX and zip code 76084. This home sits on a 144.46 acre lot. It has been listed on Rocket Homes since October 31, 2023 and is currently priced at $7,656,380.

The number of homes for sale in Johnson County, TX increased by 7.6% between March 2024 and April 2024. Listings spent 78 days on the market in April 2024, and had a median list price of $355,368 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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