Check Availability
Pottsboro 75076
112 Pearce Drive
$699,900
Land - For Sale

112 Pearce Drive

Pottsboro, TX 75076
bedrooms
Studio
bathrooms
0 Bath
$3,689
Estimated Monthly

About This Property

This property features 6.27 acres with multiple outbuildings, including two residences, providing ample space for constructing a large custom home on the back 5 acres or for development opportunities. Both homes are well-maintained and occupied at the moment. The primary residence, a two-bedroom home, spans 1,140 sq ft. The secondary home, accessible from Pearce St., is a renovated 600 sq ft one-bedroom house currently leased on a month-to-month basis. Additional structures include a 10-bay garage with doors that can accommodate up to 14 cars, featuring cement flooring and electrical setup. There's also a separate garage workshop and a large two-bay RV carport. Please note that all lines and measurements are approximate.  The two houses are on Septic but there is City Sewer at the street.
Unit Size
-
Days on Market
13 days
Land Size
6.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$252
HOA Dues
-
Year Built
1952

Listed By

William Rowe
Jason Mitchell Real Estate
Last updated: 14 days ago (NTREIS #20607736)

Price History

Date / Event Date Event Price
May 8, 2024 Listed by Jason Mitchell Real Estate $699,900
Listed by Jason Mitchell Real Estate
Jan 2, 2024 No longer available -
No longer available
Nov 9, 2023 Price Decreased $675,000
↓ $75K (10%)
Price Decreased
Aug 24, 2023 Price Decreased $750,000
↓ $25K (3.2%)
Price Decreased
Jul 9, 2023 Relisted $775,000
Relisted
Show More

Property Highlights

Air Conditioning
Exterior Details

Property Information

Road Frontage Type: City Street
Listing Terms: Cash, Conventional

Building Information

Other Structures: Garage(s), Guest House, Outbuilding, Residence, Second Garage, Second Residence, Shed(s), Storage, Workshop w/Electric

Lot Information

Acreage
Lot Size Source: Assessor
Lot Size Acres: 6.2700
Financial Details
Unexempt Taxes: $3,018

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1988
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 1,500
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 273,121
  • Lot Size Depth Feet: 1,100
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MORRISON ALEXANDER A-G0809
  • Land Acres: 6.27
  • Mobile Home Indicator: T
  • Legal Description 1: G-0809 MORRISON ALEXANDER A-G0809, ACRES 6.27

Ownership

  • Current Owner : SCHWARZ GREGOR T
  • Previous Owner : MELTON CAROL V
  • Previous Owner 2: NOEL JENNIFER M
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Pottsboro Independent School District
  • Census Tract: 000302

Geography

  • Assessors Map Reference: 183-A
  • Parcel: 153282
  • Municipality: POTTSBORO
  • Latitude: 33.7653
  • Longitude: -96.6596

    Address

  • Full Address: 112 Pearce Dr
  • Address - House Number: 112
  • Address - Street Name: Pearce
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Pottsboro
  • Carrier Code: R006
  • 4-Digit Zip Code: 7068
  • Zip Code: 75076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,352
  • Tax Rate Code Area: SPB

    Appraisal Valuation

  • Standard Deviation: 0.2719
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 388,485
  • High Value: 494,134
  • Low Value: 282,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,600
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 04, 2011
  • First Open Lien Mortgage Loan Amount: $86,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $417,486
  • Market Land Value: $297,574
  • Market Improvement Value: $119,912

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,836

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2011
  • Current Sale Recording Date: Nov 04, 2011
  • Current Sale Transaction ID: 1125634376
  • Current Sale Price: $108,300
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2011-00022082

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 04, 2011
  • First Mortgage Loan Amount: $86,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2041

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$690,900 Nov 9, 2021
$621,000 - $759,000 Apr 8, 2022
$420/mo

About Pottsboro


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Frequently Asked Questions

When was property at 112 Pearce Drive built and last sold?
The property at 112 Pearce Drive was built in 1952 and last sold on Nov 3, 2011 for $108,300.
How much is this home worth?
The estimated value of the home located at 112 Pearce Drive is $706,899.
What are some comparable homes to 112 Pearce Drive?
Homes that are comparable to 112 Pearce Drive include a land property at 6700 Farm to Market 120, located in Denison, TX.

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