2 years on rocket

Sale Pending

703 Merit, Farmersville, TX, 75442

$2,663,700

53.27 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
MLS #14709442
Lot Size53.27 Acres
StatusSale Pending
(Pending)

About 703 Merit

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.

Property Details

Property Features

Listing Office:

  • Office Name: Farmersville Real Estate Company
  • Office Phone: (972) 784-6115
  • Listing Agent: Randal Shinn

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Lot Features

Lot Information:

  • Lot: Pasture, Sprinklers, Few Trees, City Lot
  • Lot Size: 53.27 Acres

School Info

Assigned Schools Information:

  • Farmersville High School, Public District Grades 9-12
  • Farmersville Jr High School, Public District Grades 6-8
  • Farmersville Intermediate School, Public District Grades 2-5

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,663,700
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Housing Market Comparison

See how this home compares to others in Farmersville, TX.

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Farmersville, TX

City

Med. List Price

$414.5K

Med. Price/SqFt

$202

Avg. Days On Market

96

# of Sold Homes

10

703 Merit vs Farmersville

887 DAYS ON ROCKET

+791 Days

$2,663,700

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median List Price in Farmersville, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #14709442

Listing Office:

  • Office Name: Farmersville Real Estate Company
  • Office Phone: (972) 784-6115
  • Listing Agent: Randal Shinn

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: 4/24/2024, 11:20:23 AM 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

$13.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,052

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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-2884234
6
/10

  • Farmersville Intermediate School

  • 807 N Main St

  • 0.36 miles

  • Public District Grades 2-5

Middle School

school-card-donut-2884235
6
/10

  • Farmersville Jr High School

  • 501 Hwy 78 North

  • 0.91 miles

  • Public District Grades 6-8

High School

school-card-donut-2884236
5
/10

  • Farmersville High School

  • 499 Hwy 78 North

  • 0.87 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 $57,831. Most Farmersville, TX residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Farmersville, TX

What are the common housing types in Farmersville, TX?

The predominance of single detached homes in the housing stock of Farmersville is an important part of its character. The median year of construction for buildings in this city is 1977. This city is primarily composed of two bedroom and three bedroom homes. About 55% of the dwellings in the city are occupied by homeowners while the rest are rented.

What are the advantages of living in Farmersville, TX?

Farmersville is quiet overall, as noise from streets and other parts of the city is rarely an issue - although that is not the case near the railway line.

Are essential services in Farmersville, TX convenient?

Accessing the closest supermarket by walking is an option for some, but not all, house buyers in Farmersville. There are also a few choices for those who value close by restaurants and cafes. As far as education is concerned, primary schools are easy to walk to from most houses for sale in Farmersville. On the other hand, high schools are not very abundant and thus not always within walking distance.

How do Farmersville, TX residents get around?

The car is usually the preferred method to navigate Farmersville. Finding a parking spot is easy, and most real estate listings are a rather short drive from the nearest highway. Traveling on foot is not very practical for house buyers in Farmersville as very few daily needs can be carried out by walking.

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Frequently Asked Questions About 703 Merit

What is the listing price of this property?

The listing price of 703 Merit property is $2,663,700.

What type of property is this?

The property 703 Merit is land located in Farmersville, Texas, 75442.

Is this property for sale now?

Sale Pending: 703 Merit is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 703 Merit are:
Farmersville Intermediate School: GreatSchools Rating 6/10
Farmersville Jr High School: GreatSchools Rating 6/10
Farmersville High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 703 Merit is 53.27 acres.
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Rocket Homes›Texas›Collin County›Farmersville›75442›703 Merit

This home is located at 703 Merit in Farmersville, TX and zip code 75442. This home sits on a 53.27 acre lot. It has been listed on Rocket Homes since November 18, 2021 and is currently priced at $2,663,700.

The number of listings in Farmersville, TX increased by 3.1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $414,500, while the average time on the real estate market was 96 days.

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

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