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For sale
    • $1,300,000

    2031 E Fm 1396, Ivanhoe, TX 75447

    3beds
    2,782sqft
    : 
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    Farm, Single Family Residence
    Built in 1970
    50 Acres Lot
    $1,170,700 Zestimate®
    $467/sqft
    $-- HOA

    What's special

    Covered working pensEstablished bermuda grass
    Welcome to this beautiful 50-acre ranch in sought-after North Fannin County, Texas—perfectly set up for horses, livestock, and country living. The property features a well-maintained 2,200 sq ft ranch-style home offering comfort, space, and peaceful views of the surrounding land. Equestrian and ranch improvements are already in place, including a quality indoor arena for year-round riding and an outdoor arena for training and events. Covered working pens provide convenience and functionality for handling livestock in any weather, while the hay barn offers ample storage for feed and equipment. The land itself is a standout, with sandy soil ideal for horses, established Bermuda grass, and scattered mature oak trees that create a picturesque setting and natural shade throughout the property. Whether you’re looking for a working ranch, a horse property, or a private country retreat, this North Texas gem is ready to go.
    73 days
    |
    66
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Dudley 0801452 903-227-2598,

    Heritage Land Company, LLC 903-922-1283

    Source: NTREIS,MLS#: 21259339

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Closet Cabinetry
      • Level: First
      • Dimensions: 15 x 15
      Primary bedroom
      • Features: Closet Cabinetry
      • Level: First
      • Dimensions: 12 x 15
      Primary bedroom
      • Features: Closet Cabinetry
      • Level: First
      • Dimensions: 12 x 15
      Living room
      • Features: Built-in Features
      • Level: First
      • Dimensions: 25 x 20
      Appliances
      • Included: Electric Oven, Electric Range, Refrigerator
      Features
      • Open Floorplan
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Free Standing, Masonry
      Interior area
      • Total interior livable area: 2,782 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Additional Parking, Carport
      • Attached garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 50 Acres
      Details
      • Parcel number: 000000078820
      • Horses can be raised: Yes
      • Horse amenities: Arena

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse
      • Property subtype: Farm, Single Family Residence
      • Attached to another structure: Yes
      Condition
      • Year built: 1970

      Utilities & green energy

      • Water: Community/Coop
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: A0635
      HOA
      • Has HOA: No
      Location
      • Region: Ivanhoe

      Financial & listing details

      • Price per square foot: $467/sqft
      • Tax assessed value: $1,469,450
      • Annual tax amount: $3,034
      • Date on market: 5/4/2026

        Estimated market value

        $1,170,700

        $1.10M - $1.24M

        $3,045/mo

        Price history

        DateEventPrice
        5/4/2026Listed for sale$1,300,000$467/sqft
        Source: NTREIS #21259339 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,248 -4.5%$1,462,980 +1%
        2024$1,307 -3.4%$1,448,016 -3.6%
        2023$1,353 $1,502,754 +9.4%
        2022-- $1,373,684 +5.6%
        2021$2,467 -9.9%$1,300,860 +16.9%
        2020$2,737 -3.8%$1,112,930 +4.4%
        2019$2,846 -2.7%$1,066,040 +1.8%
        2018$2,925 $1,047,400
        2017-- --
        2016-- --
        2015-- --
        2014-- --
        2012-- $192,260
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- $805,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 75447

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sam Rayburn
        • Middle: Sam Rayburn
        • High: Sam Rayburn
        • District: Sam Rayburn ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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