24 days on rocket

2626 Fm 816, Wolfe City, TX, 75496

$3,150,000

252.19 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontCreek
MLS #20774131
Lot Size252.19 Acres
StatusActive

About 2626 Fm 816

Acreage situated on the northeast corner of FM 816 and County Rd 1016 with a mixture of farmland, trees, creek and ponds. The property is located between Leonard and Wolfe City, primarily in Hunt County and partially in Fannin County. Over 3,500 feet of paved frontage on FM 816 and County Rd 1016. 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 designated Opportunity Zone providing for the possibility of unique tax benefits. This property is located purely in the county. Informational package available upon request.

Property Details

Property Features

Listing Office:

  • Office Name: Glasco Commercial Real Estate, LLC
  • Office Phone: (972) 987-1600
  • Listing Agent: Grant Glasco

Exterior Features

Exterior Information:

  • Waterfront: Creek

Virtual/3D Tour

  • Virtual Tour: 2626 Fm 816
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Lot Features

Lot Information:

  • Lot: Agricultural, Cleared, Corner Lot, Pasture, Many Trees, Wooded
  • Lot Size: 252.19 Acres

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000

Tax Information:

  • Annual Amount: $2,977
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wolfe City, TX.

Med. List Price

$344K

Med. Price/SqFt

$162

Avg. Days On Market

141

# of Sold Homes

2

2626 Fm 816 vs Wolfe City

24 DAYS ON ROCKET

-117 Days

$3,150,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median List Price in Wolfe City, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20774131

Listing Office:

  • Office Name: Glasco Commercial Real Estate, LLC
  • Office Phone: (972) 987-1600
  • Listing Agent: Grant Glasco

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: 12/2/2024, 8:20:54 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
2021$2,977$66,000
2020$2,977$160,540
2019$1,979$135,490
2018$1,980$94,660
2017$1,492$71,090

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

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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.

Nearby Schools

school-card-donut-3337133
4
/10
  • Wolfe City Elementary School

  • 505 W Dallas St

  • 3.93 miles

  • Public District Grades PK-5

school-card-donut-3337134
4
/10
  • Leonard Intermediate School

  • 501 E Hackberry St

  • 5.83 miles

  • Public District Grades 4-5

school-card-donut-3337135
7
/10
  • Leonard Elementary School

  • 300 E Mulberry St

  • 6.01 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,861. Most Wolfe City, TX residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2626 Fm 816

What is the listing price of this property?

The listing price of 2626 Fm 816 property is $3,150,000.

What type of property is this?

The property 2626 Fm 816 is land located in Wolfe City, Texas, 75496.

Is this property for sale now?

Active Listing: 2626 Fm 816 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,977 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2626 Fm 816 is 252.19 acres.
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Rocket HomesTexasHunt CountyWolfe City754962626 Fm 816

This home is located at 2626 Fm 816 in Wolfe City, TX and zip code 75496. This home sits on a 252.19 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $3,150,000.

The number of homes for sale in Wolfe City, TX increased by 8.3% between October 2024 and November 2024. In November 2024, listings were on the market for 141 days. During the same period, the median list price in this real estate market was $344,000.

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

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