3 months on rocket

1380 E Fm 550, Mclendon Chisholm, TX, 75032

$500,000

Home List Price

$5,938*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,234 SqFt
$224/SqFt
House
Schools Nearby

Location

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1380 E Fm 550, McLendon-Chisholm$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1981
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceLiving Room, Wood Burning
MLS #20508337
Lot Size5.00 Acres
StatusActive

About 1380 E Fm 550

Welcome to your own slice of upscale country living in Mclendon Chisholm! This 5 acre property on FM 550 has been occupied by the original owner for over 40 years. They have seen the area into multi-million dollar estates, as this is the new Preston Hollow of the East! Currently on the property is a 3 bedroom 2.5 bath ranch house with a large metal shop and a large livestock barn. Shop has electricity and water, and also has a full guest apartment with a small kitchen that includes a washer & dryer. The 5 acre property layout is perfect for utilizing all 5 acres, turning it into an amazing luxury estate, or just enjoying the open space for farm and ranch life. No HOA's, agricultural exemptions allowed on the property, perfect to make your dreams come true!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1981
  • Stories: 1
  • Living Area: 2,234 SqFt

Listing Office:

  • Office Name: Halo Group Realty, LLC
  • Office Phone: (469) 233-3241, (214) 239-1889
  • Listing Agent: Lisa Richardson, Brian Harrison

Interior Features

Interior Information:

  • Basement: No
  • Interior: Other
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Virtual/3D Tour

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Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Rockwall - Heath High School, Public District Grades 9-12
  • Maurine Cain Middle School, Public District Grades 7-8
  • Sharon Shannon Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Best to use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $224/SqFt
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Housing Market Comparison

See how this home compares to others in McLendon-Chisholm, TX.

Med. List Price

$719K

Med. Price/SqFt

$219

Avg. Days On Market

80

# of Sold Homes

3

1380 E Fm 550 vs McLendon-Chisholm

108 DAYS ON ROCKET

+28 Days

$500,000

-$219K Less

$224/SqFt

+$5 More

KEY TAKEAWAY

This property is $219K less than the Median List Price and $5/SqFt more than other homes in McLendon-Chisholm, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20508337

Listing Office:

  • Office Name: Halo Group Realty, LLC
  • Office Phone: (469) 233-3241, (214) 239-1889
  • Listing Agent: Lisa Richardson, Brian Harrison

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: 4/27/2024, 5:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-1442572
8
/10
  • Sharon Shannon Elementary School

  • 3130 Fontana Blvd

  • 2.99 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1442573
7
/10
  • Maurine Cain Middle School

  • 6620 Fm 3097

  • 3.69 miles

  • Public District Grades 7-8

High School

school-card-donut-1442574
7
/10
  • Rockwall - Heath High School

  • 801 Laurence Dr

  • 5.50 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,885. The most common annual income of people living in McLendon-Chisholm, TX is between $100k-200k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1380 E Fm 550

What is the listing price of this property?

The listing price of 1380 E Fm 550 property is $500,000.

What type of property is this?

The property 1380 E Fm 550 is a house located in Mclendon Chisholm, Texas, 75032.

Is this property for sale now?

Active Listing: 1380 E Fm 550 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1380 E Fm 550 are:
Sharon Shannon Elementary School: GreatSchools Rating 8/10
Maurine Cain Middle School: GreatSchools Rating 7/10
Rockwall - Heath High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1380 E Fm 550 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1380 E Fm 550 is 2,234 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1380 E Fm 550 is 1981.

Rocket HomesTexasRockwall CountyMcLendon-Chisholm750321380 E Fm 550

This home is located at 1380 E Fm 550 in Mclendon Chisholm, TX and zip code 75032. This 2,234 square foot home, which was built in 1981, sits on a 5.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $500,000.

The inventory of homes for sale in McLendon-Chisholm, TX between February 2024 and March 2024 increased by 33.3%. The median list price of listings available in March 2024 was $719,000, while the average time on the real estate market was 80 days.

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

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