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7014 Fm 879, Palmer, TX, 75152

$2,470,000

130.00 Acres
Land

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingElectric, Propane, Space Heater(s)
CoolingElectric
MLS #20688313
Lot Size130.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7014 Fm 879

Located just north & east of Ennis on FM 879. A thriving community of commercial and residential developments. New Companies are developing new production facilities. FRESHPET, just opened a large production facility with new 600 jobs. Ennis has many interesting event, Blue Bonnet Festival, Polka Festival, etc. Let your imagination wonder on the possibilities: Great location of gently rolling grassland, or agricultural production, could be ideal for residential development. Part of the property is presently leased for cattle grazing & hey production. In times past, the land has supported a wide variety of agricultural cultivation. This property, held in the same Family for for over 60 years. The main structure of the family home, at one time quite nice, not update and needs lot's of repairs work. Year built on the Tax Appraisal is incorrect Seller's do not know but think structure is older than 1940. Not the main attraction of the property. Property is marketed in it's entirety

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (972) 732-6000
  • Listing Agent: Gisela Deen

Virtual/3D Tour

  • Virtual Tour: 7014 Fm 879
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Lot Features

Lot Information:

  • Lot: Agricultural, Irregular Lot
  • Lot Size: 130.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Propane, Space Heater(s)
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Ennis High School, Public District Grades 9-12
  • Jack Lummus Intermediate School, Public District Grades 4-6
  • Ennis Jr High School, Public District Grades 7-8
  • Bowie Elementary School, Public District Grades 1-3

Other

Directions Information:

  • Directions: Easy Access: Between Ennis & Palmer, l-45 N, exit 879 go 2 miles on 879 to 7014 FM 879. Bordering on Trojacek Road, allows to see the rear of the land

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,470,000

Tax Information:

  • Annual Amount: $547
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$351.5K

Med. Price/SqFt

$196

Avg. Days On Market

99

# of Sold Homes

3

7014 Fm 879 vs Palmer

98 DAYS ON ROCKET

-1 Day

$2,470,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median List Price in Palmer, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20688313

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (972) 732-6000
  • Listing Agent: Gisela Deen

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: 11/5/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$547$933,230
2020$1,687$92,694
2019$1,593$86,130
2018$1,593$83,400
2017$1,664$86,243

History based on county public records data.

Payment Calculator

$12.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,472

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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-1968215
6
/10
  • Bowie Elementary School

  • 501 Jeter Dr

  • 5.53 miles

  • Public District Grades 1-3

Middle School

school-card-donut-1968216
4
/10
  • Jack Lummus Intermediate School

  • 501 N Clay St

  • 4.94 miles

  • Public District Grades 4-6

school-card-donut-1968217
5
/10
  • Ennis Jr High School

  • 3101 Ensign Rd

  • 6.99 miles

  • Public District Grades 7-8

High School

school-card-donut-1968218
3
/10
  • Ennis High School

  • 2301 Ensign Rd

  • 6.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,688. The most common annual income of people living in Palmer, TX is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7014 Fm 879

What is the listing price of this property?

The listing price of 7014 Fm 879 property is $2,470,000.

What type of property is this?

The property 7014 Fm 879 is land located in Palmer, Texas, 75152.

Is this property for sale now?

Accepting Backup Offers: 7014 Fm 879 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7014 Fm 879 are:
Bowie Elementary School: GreatSchools Rating 6/10
Jack Lummus Intermediate School: GreatSchools Rating 4/10
Ennis Jr High School: GreatSchools Rating 5/10
Ennis High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $547 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7014 Fm 879 is 130.00 acres.
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Rocket HomesTexasEllis CountyPalmer751527014 Fm 879

This home is located at 7014 Fm 879 in Palmer, TX and zip code 75152. This home, which was built in 1940, sits on a 130.00 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $2,470,000.

The inventory of homes for sale in Palmer, TX between September 2024 and October 2024 decreased by 6.7%. The median list price of listings available in October 2024 was $351,500, while the average time on the real estate market was 99 days.

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

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