NOT LISTED FOR SALE

Estimated Value: $6,443,000 - $8,321,000

1.53 Acres
$4,901,685 Price per Acre
66,690 Sq Ft Lot

Last Sold December 11, 2017

Current estimated payment $52,864/month

81 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.53 Acre Lot
  • Landscaped
  • Harry C. Withers Elementary School Rated A-
  • Corner Lot
  • Wrought Iron Fence

About This Lot

As of December 2017

Rare opportunity on expansive 1.5+ acre private estate in the heart of Preston Hollow. Excellent building site for your dream home. Phenomenal corner lot creates a private setting with its mature trees and vast backyard. The existing home is a 4 bedroom, 4 bath ranch style with a large, updated kitchen opening to the family & breakfast rooms, game room, den, office & updated secondary bathrooms. Huge backyard with pool, spa, cabana & outdoor storage building. House is move-in ready so you can live in while developing your building plans later! Please coordinate plans to walk the property with the Listing Agent.

Last Agent to Sell the Property

Brent Porter

Pinnacle Realty Advisors License #0651829 Listed on: 09/01/2017

Pinnacle Realty Advisors

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $147,474

Year Built

  • Built in 1974

Lot Details

  • 1.53 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees
  • Large Grassy Backyard

Schools

  • Withers Elementary School
  • Walker Middle School
  • White High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • Kelsey Square Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 45539
  • Assessor Parcel Number 00000418333000000
  • $49,383 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$147,474

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Horse Permitted Y N: Yes
  • Special Features: None

Exterior Features

  • Easements: None
  • Fencing: Wood, Wrought Iron
  • Surface Rights: All

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, City Sewer, City Water, Curbs, Electricity Connected, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Utilities Installed, Zoned

Schools

  • School District: Dallas ISD
  • Elementary School: Withers
  • Middle School: Walker
  • High School: White
  • School District: Dallas ISD
  • Elementary School: Withers
  • High School: White

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Corner Lot, Few Trees, Landscaped, Level, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 1.5310
  • Parcel Number: 00000418333000000
  • Lot Size Acres: 1.5310
  • Lot Size Sq Ft: 66690.3600
  • Zoning Description: Residential
  • Possible Use: Single Family

Building Info

  • Year Built: 1974

Tax Info

  • Unexempt Taxes: 49383
  • TaxBlock: 45539
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Walker
  • Middle School Name: Walker
  • Elementary School Name: Withers
  • High School Name: White

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Dec 11, 2017
Sold by
Salguod Investemts Lp
Bought by
Aneed Roy and Thomas Katherine
Seller's Agent
Brent Porter
Pinnacle Realty Advisors
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$1,999,000
Current Estimated Value
$7,504,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%
Original Mortgage
$2,950,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2009
Sold by
Kenter Mildred
Bought by
Burress Michael R and Burress Chandra L

Purchase Details

Closed on
Aug 15, 2006
Sold by
Cartwright Steven R and Cartwright Maribeth E
Bought by
Burress Michael and Burress Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Aneed Roy -- None Available
Burress Michael R -- Ctc
Burress Michael -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aneed Roy $4,872,680
Previous Owner Salgood Investments Lp $2,950,000
Previous Owner Burress Michael $255,000
Previous Owner Burress Michael $1,125,000
Previous Owner Cartwright Steven R $250,000
Closed Aneed Roy $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold -- -- --
11/21/2017 11/21/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $1,999,000 -- $466 / 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 $147,474 $8,399,000 $3,291,650 $5,107,350
2024 $147,474 $8,434,230 $3,291,650 $5,142,580
2023 $147,474 $7,526,600 $3,062,000 $4,464,600
2022 $162,525 $6,500,000 $2,908,900 $3,591,100
2021 $114,936 $4,356,950 $1,990,300 $2,366,650
2020 $43,611 $1,607,550 $1,607,550 $0
2019 $45,738 $1,607,550 $1,607,550 $0
2018 $52,227 $1,920,680 $1,607,550 $313,130
2017 $48,267 $1,775,000 $1,531,000 $244,000
2016 $49,383 $1,816,020 $1,531,000 $285,020
2015 $34,786 $1,506,020 $1,377,900 $128,120
2014 $34,786 $1,506,020 $1,377,900 $128,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13684835

North Texas Real Estate Information Systems (NTREIS)

APN: 00000418333000000