MOTIVATED SELLER! Words just don't describe this one-of-a-kind property. Nestled in a quiet, country setting, you will have easy access to everything you want while hidden away from everything you don't. The home features a GRAND master suite, complete with bathroom suite with a jacuzzi style tub. This suite includes a sitting area with a gas fireplace and entry to the rear veranda. The kitchen is a chef's adventure all to itself with easy access to all parts of this amazing home. This is an energy efficient home with geo-thermal HVAC and a well. The two layers of double foam insulation keep heating and cooling bills to a bare minimum. The entire home is filled with custom upgrades at every turn. The 8000+ sqft shop is a thing of beauty all its own! With 7 work bays, a paint booth and wash bay, office, laundry room, shower, and plenty of storage inside and out, this workspace has unlimited opportunities. There is currently an Ag exemption on the property.
Property Details
Property Features
Property Information:
Architectural Style: Traditional, Detached
Year Built: 2000
Stories: 2
Living Area: 4,912 SqFt
Listing Office:
Office Name: Fathom Realty, LLC
Listing Agent: Russ Thompson
Interior Features
Interior Information:
Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
Basement: No
Flooring Type: Carpet, Ceramic Tile
Interior: Wet Bar, Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan, Other, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
Lot: Agricultural, Back Yard, Cleared, Lawn, Landscaped, Pasture
Lot Size: 13.57 Acres
Utilities
Utilities Information:
Heating: Central, Fireplace(s), Geothermal
Cooling: Central Air, Ceiling Fan(s), Geothermal
School Info
Assigned Schools Information:
Muenster High School, Public District Grades 7-12
Muenster Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: Take I-35 N from the Metroplex toward Gainesville to US 82. Turn Left on US 82 and continue 9 miles to FM 1198. Turn left and go about a half mile. Look for my real estate sign on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
Price Per SqFt: $774/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Last updated on: 5/3/2024, 3:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19K
Per Month
Principal & Interest
$18.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.4K
Powered By
Advertisement
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
7
/10
Muenster Elementary School
100 East 8th St
Distance between this listing and this school3.79 miles
Public District Grades PK-6
High School
8
/10
Muenster High School
135 W 7th St
Distance between this listing and this school3.75 miles
Public District Grades 7-12
Assigned Schools
7
/10
Muenster Elementary School
100 East 8th St
Distance between this listing and this school3.79 miles
Public District Grades PK-6
Nearby Schools
9
/10
Lindsay Elementary School
625 Knight Dr
Distance between this listing and this school4.30 miles
Public District Grades PK-6
3
/10
W E Chalmers Elementary School
1745 S Radio Hill Rd
Distance between this listing and this school12.00 miles
Public District Grades 2-3
Nearby Schools
4
/10
Gainesville Middle School
1201 S Lindsay St
Distance between this listing and this school9.93 miles
Public District Grades 6-8
4
/10
Robert E Lee Intermediate School
2100 N Grand Ave
Distance between this listing and this school10.23 miles
Public District Grades 4-5
5
/10
Valley View Middle School
750 S Frontage Rd
Distance between this listing and this school14.05 miles
Public District Grades 5-8
Assigned Schools
8
/10
Muenster High School
135 W 7th St
Distance between this listing and this school3.75 miles
Public District Grades 7-12
Nearby Schools
8
/10
Lindsay High School
625 Knight Dr
Distance between this listing and this school4.30 miles
Public District Grades 7-12
2
/10
Gainesville High School
2201 South I 35
Distance between this listing and this school9.17 miles
The neighbors living near this home have an average income of $71,467. Typical income of Cooke County, TX residents is between $35k-100k annually. The majority of families are married, no 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 500 Fm 1198
What is the listing price of this property?
The listing price of 500 Fm 1198 property is $3,800,000.
What type of property is this?
The property 500 Fm 1198 is a house located in Muenster, Texas, 76252.
Is this property for sale now?
Active Listing: 500 Fm 1198 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 500 Fm 1198 are: Muenster Elementary School: GreatSchools Rating 7/10Muenster High School: GreatSchools Rating 8/10
How many bedrooms and bathrooms does this property have?
The property at 500 Fm 1198 has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 500 Fm 1198 is 4,912 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 500 Fm 1198 in Muenster, TX and zip code 76252. This 4,912 square foot home, which was built in 2000, sits on a 13.57 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $3,800,000.
The inventory of homes for sale in Cooke County, TX between March 2024 and April 2024 increased by 5.8%. Listings spent 91 days on the market in April 2024, and had a median list price of $347,523 during the same period.
From Rocket Homes Real Estate and based on county public records data.