AMAZING custom-built home situated on 13.5 acres! Oversized living room open to gourmet kitchen with new granite countertops, subzero fridge, chef stove, and walk-in pantry. Downstairs master suite, with an additional 4 bedrooms/3.5 baths downstairs and 2 bedrooms w/ private baths upstairs. Large game room and storm closet. New tile flooring, fresh paint, new fixtures, 2 tankless water heaters, and more! Outside paradise with remodeled pool, privacy fence and cabana. Class 4 roof and 2 incredible shops!
Single-familyProperty Type
1995Year Built
13.51 acresLot Size
$86Est. Price/Sq.Ft.
Listed by TACY SAGER• DOMAIN REAL ESTATE SERVICES INC
Listed by KATE RICHARDSON• DOMAIN REAL ESTATE SERVICES INC
Remarkable custom built home situated on 13.5 beautiful acres. The 1st floor features hand scraped hardwood floors, living room overlooks gourmet kitchen with fabulous storage options + walk-in pantry. Oversized Main suite with private bath & walk-in closet plus 4 Bedrooms, 3 1/2 Bathrooms (1 was a workout room and 2 were used as offices). Upstairs is 2 more bedrooms with private bathrooms, Large Game Room & full bath. Pond, circle drive, saltwater pool & cabana (1/2 Bath) plus 2 Shops.
Year
Property tax
Land + Additions
Assessment*
2025
$11,751 (−5.3%)
$28,480 + $704,670
$733,150
2024
$12,412 (+31.0%)
$24,680 + $749,640
$774,320
2023
$9,473 (−25.2%)
$22,780 + $550,050
$572,830
2022
$12,673 (+27.8%)
$22,780 + $656,830
$679,610
2021
$9,918 (+5.0%)
$15,990 + $494,830
$510,820
2020
$9,443 (−13.9%)
$15,990 + $456,840
$472,830
2019
$10,973 (+26.0%)
$15,990 + $434,160
$450,150
2018
$8,708 (−5.6%)
$15,990 + $388,350
$404,340
2017
$9,229 (+17.7%)
$15,990 + $373,990
$389,980
2016
$7,840 (+13.5%)
$15,990 + $373,990
$389,980
2015
$6,906 (−7.1%)
$15,990 + $316,730
$332,720
2014
$7,435
Tax history for 242 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,751 (−5.3%)
$28,480 + $704,670
$733,150
2024
$12,412 (+31.0%)
$24,680 + $749,640
$774,320
2023
$9,473 (−25.2%)
$22,780 + $550,050
$572,830
2022
$12,673 (+27.8%)
$22,780 + $656,830
$679,610
2021
$9,918 (+5.0%)
$15,990 + $494,830
$510,820
2020
$9,443 (−13.9%)
$15,990 + $456,840
$472,830
2019
$10,973 (+26.0%)
$15,990 + $434,160
$450,150
2018
$8,708 (−5.6%)
$15,990 + $388,350
$404,340
2017
$9,229 (+17.7%)
$15,990 + $373,990
$389,980
2016
$7,840 (+13.5%)
$15,990 + $373,990
$389,980
2015
$6,906 (−7.1%)
$15,990 + $316,730
$332,720
2014
$7,435
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4 Acres
Year renovated
—
Sq. Ft.
4,088
Year built
1995
Style
Single Family Residential
County
Clay County
APN
4741
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
Property details
Parking
Parking/Garage Information
Has Attached Garage
Parking Features: Circular Driveway, Garage Door Opener, Attached
Interior
Bathroom Information
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Heat Pump
Interior Features
Interior Features: Walk-In Closet(s), Breakfast Bar, Kitchen Island, Pantry
Appliances: Ice Maker, Dishwasher, Disposal, Oven, Range, Gas Cooktop, Gas Oven, Microwave, Refrigerator
Flooring: Carpet, Hardwood, Laminate, Tile
Fireplace Features: Living Room
Exterior
Exterior Features
Patio And Porch Features: Covered, Porch
Fencing: Fenced, Wrought Iron
Roof: Composition, Metal
Pool Information
Has Private Pool
Pool Features: Gunite, In Ground
Building Information
Direction Faces: Northeast
# of Stories Total: 2
Construction Materials: Brick
Foundation Details: Slab
Property Features
Security Features: Security System
Other Structures: Outbuilding, Workshop, Storage
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family w/ Acreage
Lot Information
Lot Size : 13.513
Lot Size Acres: 13.51
Zoning Description: Single Family Res
Utilities
Utility Information
Sewer: Septic Tank
Location
Schools Information
School District: Petrolia
Elementary School: Petrolia
Middle Or Junior School: Petrolia
Location Information
Directions: Take Hwy 79 North toward Dean/Petrolia. Wallace Road is about 2 miles past FM 2393 - property sits on corner of Hwy 79 & Wallace Rd
Subdivision Name: Not Applicable
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,088
Stories: —
Lot Size: 4 acres
Style: Single Family Residential
Year Built: 1995
Year Renovated: —
County: Clay County
APN: 4741
Home facts updated by county records on Aug 3, 2026
Around this home
Schools
Petrolia Elementary School
Public PreK-6 • Assigned • 5.3mi
6/10
Petrolia Junior High/High School
Public 7-12 • Assigned • 5.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
25% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Wichita Falls, TX • 76305
Average low and high temperatures (°F)
53
29
64
37
77
49
78
57
82
61
91
73
95
74
92
73
91
66
85
60
71
46
61
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.7 hours in
June and 5.8 hours in December, placing it above the
U.S. average for solar exposure.
10.7 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$523,000 – $633,000
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