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$499,000   Price Analysis
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5975 FM 274
Ravenna, TX 75476
Unknown bed 0 bath unknown SqFt ($0/SqFt)
36.34 acre lot. Built 2016
Listed 2024-06-12, Taxes $912
Ⓧ USDA Ineligible
due to property

near Mulberry

This exceptional property offers a 48 Volt Solar Electric System

30 photovoltaic solar panels, storage batteries and 4 backup propane generators connected to three 500-gallon propane tanks. Stay warm with alternative energy, propane heaters and wood fireplace. 830 ft of FM road frontage. On-ste well and septic system with electricity available on FM 274. Ag and solar exemptions keep property taxes at approximately $14 per month. Potential additional income through hay production.

Fenced, cross-fenced and complete with 2 gates. Bee boxes ready to go for new honey bees. Ideal home site with no restrictions and perfect for building your dream home without any flood plain. Sandy soil ideal for construction or creating an equine property. Three ponds enhance the natural beauty and provi de water for livestock or recreational activities. Native pecan trees, a variety of fruit trees and berry bushes. Deer, Ducks, Hogs and Turkey. Above ground pool. Close to major routes and lakes!


Presented by Corey Baumann at
Whitetail Properties Real Estate.


Property MLS #20638580 from NTREIS

Cooling Features: Wall Unit(s)
Heating Features: Active Solar, Fireplace(s), Propane, Solar, Wood Stove

Acreage
Agricultural
Brush
Cleared
Few Trees
Landscaped
Level
Lrg. Backyard Grass
Pasture
Tank/ Pond
Undivided
Lot Description: 10 to < 50 Acres
Lot Size Acres: 36.342
Vegetation: Brush, Grassed, Partially Wooded
Lot Size Square Feet: 1583058

Fencing: Fenced Yard: Barbed Wire, Cross Fenced, Fenced, Gate, Wire
Road Frontage Type: FM Road
Road Surface Type: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Evans
High School: Bonham
School District: Bonham ISD

Finley-Oates Elementary School is a public elementary school located approximately 10.1 miles away.
directions icon Map directions

Bonham High School is a public high school located approximately 10.2 miles away.
directions icon Map directions

Rather L High School is a public middle school located approximately 10.8 miles away.
directions icon Map directions

Source Listing Status: Active
County: Fannin
Current Use: Agricultural, Hunting/Fishing, Investment, Manufactured Home, Pasture, Ranch, Recreational, Residential, Single Family
Development Status: Unzoned
Directions: From Bonham take HWY 121 North to left on CR 898. Turn right on FM 274 and follow through town of Ravenna. Continue on FM 274 and then turn right to stay on FM 274 at FM 3321. Property is on right.
Source Property Type: Land
Possible Use: Agricultural, Barndominium, Cattle, Development, Equine, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Manufactured Home, Mobile Home, Pasture, Poultry, Ranch, Recreational, Residential, Sheep/Goats, Single Family
Source Neighborhood: A0463 - H HART
Parcel Number: 000000119368
Postal Code Plus 4: 4678
Subdivision: A0463 - H HART
Zoning Description: Agriculture
Property Subtype: Improved Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$55,951
$912
2021$unknown + $unknown
$51,550
$901
2020$unknown + $unknown
$50,610
$947
2019$unknown + $unknown
$49,105
$933
2018$unknown + $unknown
$63,010
$1,241
2017$unknown + $unknown
$62,640
$1,232
2016$unknown + $unknown
$2,250
$42
2015$unknown + $unknown
$2,370
$42
2014$unknown + $unknown
$2,440
$43
2013$unknown + $2,440
$2,440
$43
2012$unknown + $2,410
$2,410
$43

Price Changed 2024-06-25
$499,000
NTREIS
Listed 2024-06-12
$566,000
NTREIS
Listing removed 2024-05-27
$625,000
NTREIS
Listed 2024-03-27
$625,000
NTREIS
Listing removed 2024-03-19
$650,000
NTREIS
Price Changed 2024-02-16
$650,000
NTREIS
Listed 2024-01-26
$675,000
NTREIS

Soil: Sandy Loam

Year Built: 2016
Property Age: 8

Utilities: Electricity Available, Private Sewer, Private Water, Propane, Septic, Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.