NOT LISTED FOR SALE

1031 Mercer Ave Lantana, TX 76226

Estimated Value: $854,000 - $898,025

4 Beds
3.5 Baths
3,929 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 30, 2019

Current estimated payment $6,222/month

Highlights

  • Golf Course Community
  • 0.43 Acre Lot
  • Vaulted Ceiling
  • Dorothy P Adkins Elementary School Rated A-
  • Clubhouse
  • Traditional Architecture

About This Home

As of June 2023

Introducing a stunning luxury home nestled in the charming community of Lantana. This exquisite residence boasts breathtaking architectural details and an abundance of upscale features. The grand entrance welcomes you with soaring ceilings, creating an immediate sense of opulence and spaciousness. With plenty of flex space throughout, the home effortlessly adapts to your ever-changing needs, offering endless possibilities for use. The gourmet kitchen, both beautiful and practical, is a culinary enthusiast's dream. Retreat to the luxurious master suite, featuring a lavish en-suite bathroom. Stepping outside, the expansive backyard beckons with its sprawling green spaces, perfect for recreational activities. Impeccably landscaped, the outdoor area provides a serene retreat to unwind. This remarkable luxury home offers an unparalleled living experience, blending comfort, elegance, and the joys of indoor-outdoor living into one captivating package.

Last Agent to Rent the Property

Jill Nelson

Coldwell Banker Apex, REALTORS License #0611465 Listed on: 06/01/2023

Coldwell Banker Apex, REALTORS

Last Renter's Agent

Paula Turner

Fathom Realty, LLC License #0534544

Fathom Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,756

Year Built

  • Built in 2019

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Unincorporated Location
  • Wood Fence
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Few Trees
  • Large Grassy Backyard

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,929 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Heatilator
  • Gas Log Fireplace
  • Brick Fireplace
  • Metal Fireplace
  • Bay Window

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dorothy P Adkins Elementary School
  • Tom Harpool Middle School
  • Guyer High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Underground Utilities
  • Individual Gas Meter
  • Municipal Utilities District
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,700
  • Tenant pays for all utilities, exterior maintenance, grounds care
  • 12 Month Lease Term
  • $50 Application Fee
  • Legal Lot and Block 27 / 11A
  • Assessor Parcel Number R693050

Community Details

Overview

  • Lantana Community Assn. HOA, Phone Number (940) 728-1660
  • Lantana Reata Subdivision
  • Mandatory Home Owners Association
  • Greenbelt

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,756

Year Built

Built in 2019

Lot Details

0

Parking

3

Rental Info

  • PetsAllowed: Yes
  • Deposit Amount: 4700
  • Pet Deposit: 500
  • Lease Conditions: Application Fee
  • Lease Term: 12 Months
  • Lease Type: Yearly, 1 Year Plus
  • Tenant Pays: All Utilities, Exterior Maintenance, Grounds Care
  • Application Fee: 50
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: No Smoking, No Waterbeds
  • Security: Carbon Monoxide Detector(s), Prewired, Security Service, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Non Refundable Pet Fee Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 972-829-4450
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Square Footage: 3929.00
  • Windows: Bay Window(s)
  • Fireplace Features: Brick, Gas Logs, Gas Starter, Heatilator, Metal
  • Interior Amenities: Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Dry Bar, Vaulted Ceiling(s)
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Gas in Kitchen, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 12
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Golf, Greenbelt, Jogging Path/Bike Path, Park, Playground, Tennis Court(s)
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Geothermal, Zoned, Other
  • Garage Spaces: 3
  • Number Of Vehicles: 3
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Tandem
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Geothermal, Zoned, Other
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities, Unincorporated

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: Lantana Community Assn.
  • HOA Management Company: (940) 728-1660
  • Number Of Days Guests Allowed: 10

Schools

  • School District: Denton ISD
  • Elementary School: Dorothy P Adkins
  • Middle School: Tom Harpool
  • High School: Guyer
  • School District: Denton ISD
  • Elementary School: Dorothy P Adkins

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Few Trees, Irregular Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.4250
  • Parcel Number: R693050
  • Lot Size Acres: 0.4250
  • Lot Size Sq Ft: 18513.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2019
  • SeniorCommunityYN: No

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: 11A
  • Tax Lot: 27

MLS Schools

  • Middle School Name: Tom Harpool
  • Elementary School Name: Dorothy P Adkins
  • High School Name: Guyer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Sep 30, 2019
Sold by
Highland Homes Dallas Llc
Bought by
Kalegowda Saikiran
Seller's Agent
Ben Caballero
HomesUSA.com
Buyer's Agent
Ram Konara
StarPro Realty Inc.
List Price
$672,927
Current Estimated Value
$885,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$484,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2018
Sold by
4S Rpg Land Co Lp
Bought by
Highland Homes Dallas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kalegowda Saikiran -- Texas Premier Title
Highland Homes Dallas Llc -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalegowda Saikiran $468,500
Closed Kalegowda Saikiran $484,350
Previous Owner Highland Homes Dallas Llc $50,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Rented $4,700 0.0% --
06/01/2023 06/01/23 For Rent $4,700 0.0% --
09/30/2019 09/30/19 Sold -- -- --
09/05/2019 09/05/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $672,927 -- $171 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $16,756 $816,000 $240,412 $575,588
2024 $17,101 $828,850 $0 $0
2023 $14,201 $753,500 $239,016 $663,984
2022 $15,760 $685,000 $164,492 $520,508
2021 $16,404 $668,000 $148,043 $519,957
2020 $15,908 $625,000 $148,043 $476,957
2019 $2,766 $156,674 $118,434 $38,240
2018 $1,579 $88,826 $88,826 $0
2017 $1,589 $88,826 $88,826 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20341469

North Texas Real Estate Information Systems (NTREIS)

APN: R693050