Tract 1 of the James A. Joy Survey describes a 47.64 acre tract containing two plats, one containing 1.9 acres and one containing 28 acres, the balance of 17.7 acres will be used by the Texas Hwy Dept. in building Hwy 9 or will become part of the ROW (Right of Way) for the highway. Unneeded land, if any, is promised to be returned to the current owner. Loop 9, segment B, will be a 10 mile long segment connecting I-35 just north of Red Oak and I-45 just south of Wilmer. It will consist of two three-lane frontage roads and a median about 200 feet wide. It is planned to be constructed in 4-phases. Phase-1 began construction in 2022 and is scheduled for a 2025 completion. The addition of Loop 9 to the transportation infrastructure in southeast Dallas county will encourage much residential and commercial development in the area. The two transferrable plats described above contain 29.9 acres and are perfect for service and shopping development.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Preferred Associates
Office Phone: (972) 293-4550
Listing Agent: Vernon Mimms
Lot Features
Lot Information:
Lot: Agricultural, Level
Lot Size: 47.64 Acres
Other
Directions Information:
Directions: This Property is located on the Northeast side of Hwy 35E one mile North of Red Oak at Tater Brown Road. Hwy 9, the outside loop around the Metroplex is currently under construction. Property begins 900 ft. East from the center of I-35 and 350 ft. North of the center of the new Hwy. 9.
Price Information
Listing Price Info
Price Summary:
List Price: $12,000,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lancaster, TX.
Last updated on: 12/18/2024, 8:21:06 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$59.9K
Per Month
Principal & Interest
$59.8K
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
$36K
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Life School Lancaster
954 S Interstate 35 E
Distance between this listing and this school2.08 miles
Public Charter Grades KG-6
6
/10
Red Oak Elementary School
200 Valley Ridge Dr
Distance between this listing and this school2.20 miles
Public District Grades PK-4
6
/10
Eastridge Elementary School
725 E Ovilla Rd
Distance between this listing and this school2.32 miles
Public District Grades PK-4
Nearby Schools
8
/10
Katherine Johnson Technology Magnet Academy
1200 Academy Way
Distance between this listing and this school1.91 miles
Public Magnet Grades PK-7
4
/10
Red Oak Junior High School
152 Louise Ritter Blvd
Distance between this listing and this school3.33 miles
Public District Grades 7-8
5
/10
Desoto East Middle School
601 E Belt Line Rd
Distance between this listing and this school3.54 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Red Oak High School
220 S State Highway 342
Distance between this listing and this school2.73 miles
Public District Grades 9-12
3
/10
DeSoto High School
600 Eagle Dr
Distance between this listing and this school4.10 miles
Public Magnet Grades 9-12
4
/10
Iltexas Lancaster Desoto High School
901 N Polk St Ste 101
Distance between this listing and this school4.35 miles
The neighbors living near this home have an average income of $81,127. Typical income of Lancaster, TX residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3250 Tator Brown Rd
What is the listing price of this property?
The listing price of 3250 Tator Brown Rd property is $12,000,000.
What type of property is this?
The property 3250 Tator Brown Rd is land located in Lancaster, Texas, 75146.
Is this property for sale now?
Active Listing: 3250 Tator Brown Rd is For Sale (Active/New) which means the seller is accepting offers.
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, AI voice, 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 3250 Tator Brown Rd in Lancaster, TX and zip code 75146 in the Western Hills neighborhood. This home sits on a 47.64 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $12,000,000.
Between October 2024 and November 2024, Lancaster, TX real estate market has seen increase in the number of listings by 2.2%. While the average time on the market in November 2024 was 71 days, the median list price was $293,666.
From Rocket Homes Real Estate and based on county public records data.