This home's estimate is 25.5% lower than the average sale price ($225K) of 6 comparable homes.
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- Sale & tax history
- Property details
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518 W Fm 545, Blue Ridge, TX 75424
About this home
Older Frame home on approx two thirds of an acre. Home has little to no value but does have city water. Home is not located within the city limits of Blue Ridge. To have access to city sewer, property can be annexed into the City of Blue Ridge and zoned. Perfect location for commercial use with all of the new residences scheduled to be built in Blue Ridge with 200' feet of road frontage along FM 545. Don't miss out on the opportunity to have one of the few commercial locations left in Blue Ridge. DO NOT ENTER THE HOME.
Redfin Estimate
Market trends in 75424, TX
Last updated August 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 518 W Fm 545
Tax history for 518 W Fm 545
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Virtual Tour
Exterior
- Farm Information
- AG Exemption YN: No
- Lot Information
- Easements: Utilities
- Lot Features: Few Trees
- Lot Size: .5 to < 1 Acre
- Lot Size Acres: 0.6700
- Lot Size Area: 0.6700
- Lot Size Square Feet: 29185.2000
- Lot Size Units: Acres
- Parcel Number: R655700215301
- RATIO List Price By Lot Size Acr: 223880.59701
- Road Frontage Type: FM Road
- Road Surface Type: Asphalt
- Will Subdivide: No
- Zoning Description: Currently not zoned
- Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Development Status: Unzoned
- Multi Parcel IDYN: No
- Property Key: 48085|R655700215301|1|72848739
- Property Match: Address
- Restrictions: No Known Restriction(s)
- US Property MUI: 411778920
- Building Information
- Year Built: 1983
Financial
- Tax Information
- Tax Block: 2
- Tax Legal Description: ABS A0557 M MOWERY SURVEY, SHEET 2, TRACT 153
- Unexempt Taxes: 1576
- Financial Information
- Buyer Financing: Cash
- Loan Type: Treat As Clear
- Second Mortgage YN: No
Utilities
- Utility Information
- Municipal Utility District YN: No
- Utilities: City Water, Electricity Available, Septic
Location
- HOA Information
- Association Type: None
- School Information
- Elementary School: Blueridge
- Elementary School Name: Blueridge
- High School Name: Blueridge
- Intermediate School Name: Blueridge
- Middle School Name: Blueridge
- School District: Blue Ridge ISD
- Location Information
- County Or Parish: Collin
- Country: United States
- Directions: From FM 545 and Bus Hwy 78 in Blue Ridge, take FM 545 West for approx 1 mile to property on the right.
- Latitude: 33.29907107
- Longitude: -96.40896287
- Geocode Confidence: High
- Subdivision Name: NA
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 574
- Stories: 1.0
- Lot Size: 0.66 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1983
- Year Renovated: 2015
- County: Collin County
- APN: R-6557-002-1530-1
Other
- Listing Information
- Attribution Contact: 214-491-7305
- Listing Agreement: Exclusive Right To Sell
- Listing Id: 20172633
- Listing Key Numeric: 420694312
- Mls Status: Closed
- Previous Status: Pending
- Originating System Name: North Texas Real Estate Information Systems
- Photos Count: 9
- Possession: Closing/Funding
- Seller Contributions: 0
- Special Listing Conditions: Probate Listing
- Standard Status: Closed
- Third Party Assistance Program Y: No
- Listing Date Information
- Days On Market: 160
- Cumulative Days On Market: 160
- Close Date: 2023-03-30
- Purchase Contract Date: 2023-03-02
- Listing Contract Date: 2022-09-23
- Off Market Date: 2023-03-02
- Price Change Timestamp: 2023-02-28T15:22:18.990
- Status Change Timestamp: 2023-03-30T15:43:29.263
- Listing Price Information
- Original List Price: 250000.00
- Previous List Price: 250000.00
- List Price: 150000.00
- RATIO Close Price By Lot Size Ac: 179104.47761
- RATIO Current Price By Lot Size: 179104.47761
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 0.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
11% chance of being in a wildfire in next 30 years
7 days above 110° expected this year, 24 days in 30 years
27% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 9.9 hours in June and 5.4 hours in December, placing it above the U.S. average for solar exposure.
Sell confidently with a local market expert in Blue Ridge. 3 minutes to get started.
Nearby similar homes
New listings for sale in 75424
Home values near 518 W Fm 545
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2181 Sq. Ft. | $255,903 |
4 Beds | 2 Baths | 1456 Sq. Ft. | $224,501 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1082 Sq. Ft. | $221,908 |
3 Beds | 2 Baths | 1707 Sq. Ft. | $290,285 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1344 Sq. Ft. | $201,880 |
3 Beds | 2 Baths | 1550 Sq. Ft. | $288,769 |
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