NOT LISTED FOR SALE

103 Sun Valley Unit 2 Mabank, TX 75147

Mabank Area

Estimated Value: $1,411,000 - $1,458,000

5.61 Acres
$254,829 Price per Acre
244,372 Sq Ft Lot

Sale Details

Date Sold: February 15, 2022

Current estimated payment $10,078 / mo

126 Days on Market

Highlights

  • Horse Facilities
  • Lake View
  • 5.61 Acre Lot
  • Gated Community
  • Waterfront
  • Community Lake

About This Lot

As of February 2022

Incredible waterfront lot in the exclusive gated 505 Ranch, Cedar Creek community. A unique opportunity to build a waterfront family retreat on the last available ranch lot at 505, providing all of the benefits of a ranch property combined with lakefront access. Build to suit on this beautifully treed lot which offers tranquility, privacy, sweeping views, direct lake access, and all the benefits of 505 Ranch. Amenities include a clubhouse, pool, guest cottages, fishing, wooded hiking paths, ATV trails, equestrian center, riding arena, polo field, skeet range & more. The ranch has on site staff and concierge services available for prepping your future home each weekend.

Last Agent to Sell the Property

Christopher Kimbrough

Compass RE Texas, LLC. License #0684494 Listed on: 09/27/2021

Compass RE Texas, LLC.

Last Buyer's Agent

Christopher Kimbrough

Compass RE Texas, LLC. License #0684494 Listed on: 09/27/2021

Compass RE Texas, LLC.

Property Details

Property Type

  • Land

Lot Details

  • 5.61 Acre Lot
  • Waterfront
  • Cleared Lot
  • Few Trees

HOA Fees

  • $495 Monthly HOA Fees

Schools

  • Mabank Elementary And Middle School
  • Mabank High School

Additional Features

  • Lake Views
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 175584
  • $10,992 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, insurance, maintenance structure
  • 505 Cedar Creek Ranch HOA, Phone Number (214) 292-2040
  • 505 Ranch Subdivision
  • Mandatory home owners association
  • Community Lake
  • Campground in community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Horse Facilities
  • Jogging Path

Security

  • Fenced around community
  • Gated Community

Property Details

Property Type

Land

Lot Details

5.61 Acres

HOA Fees

$495 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed, Development, No Mobile Home, No Sublease
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Community Features: Campground, Club House, Community Pool, Gated, Horse Facilities, Jogging Path/Bike Path, Lake, Perimeter Fencing
  • Soil Type: Other, Sandy Loam
  • Waterfront: Yes
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: All Weather Road, City Sewer, City Water, Individual Water Meter, Propane

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Structure
  • Association Fee: 1486
  • Association Fee Frequency: Quarterly
  • Association Type: Mandatory
  • Hoa Management Company: 505 Cedar Creek Ranch
  • HOA Management Company: 214-292-2040

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed

Schools

  • School District: Mabank ISD
  • Elementary School: Mabank
  • Intermediate School: Mabank
  • Junior High School: Mabank
  • High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Cleared, Few Trees, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 5.6100
  • Lot Size: 187 ft waterfront
  • Parcel Number: 175584
  • Lot Size Acres: 5.6100
  • Lot Size Sq Ft: 244371.6000
  • Possible Use: Single Family
  • Present Use: Single Family

Multi Family

  • Number Of Lots: 1
  • WaterfrontFeatures: Retaining Wall – Other

Tax Info

  • Unexempt Taxes: 10992

MLS Schools

  • MiddleOrJuniorSchool: Mabank
  • Elementary School Name: Mabank
  • High School Name: Mabank

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Feb 15, 2022
Sold by
Bought by
Seller's Agent
Christopher Kimbrough
Compass RE Texas, LLC.
Buyer's Agent
Christopher Kimbrough
Compass RE Texas, LLC.
List Price
$1,249,000
Current Estimated Value
$1,429,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
0.0421%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.0641%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Legacy Texas Title
-- Chicago Title Of Tx Llc Dfw
-- Republic Title Of Texas Inc
-- Republic Title Of Texas Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $290,500
Previous Owner $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/15/2022 02/15/22 Sold -- -- --
01/31/2022 01/31/22 Pending -- -- --
09/27/2021 09/27/21 For Sale $1,249,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,346 $1,175,427 $1,175,427
2024 $21,676 $1,140,164 $1,140,164
2023 $23,504 $1,238,964 $1,238,964 $0
2022 $23,298 $1,146,042 $1,146,042 $0
2021 $10,992 $488,743 $488,743 $0
2020 $12,366 $549,840 $549,840 $0
2019 $13,549 $530,150 $530,150 $0
2018 $5,750 $225,000 $225,000 $0
2017 $5,744 $225,000 $225,000 $0
2016 $5,744 $225,000 $225,000 $0
2015 $6,939 $225,000 $225,000 $0
2014 $6,939 $275,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14677746

North Texas Real Estate Information Systems (NTREIS)

APN: 175584

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