NOT LISTED FOR SALE

Estimated Value: $137,930 - $179,000

0.51 Acre
$296,811 Price per Acre
22,085 Sq Ft Lot

Last Sold May 22, 2023

Current estimated payment $1,108/month

28 Days on Market

About This Lot

As of May 2023

This is special corner lot 0.5070 Acre. You can build your dream home. The Sanctuary is a prestigious gated neighborhood in Lake Ridge is surrounded by Joe Pool Lake and minutes from Marinas. Don't miss out on this opportunity.

Last Agent to Sell the Property

Maria Morrow

Rendon Realty, LLC License #0677408 Listed on: 03/31/2023

Rendon Realty, LLC

Last Buyer's Agent

Sarah Bailey

Compass RE Texas, LLC License #0693415

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,561

Lot Details

  • 0.51 Acre Lot
  • Interior Lot
  • 2,581 Lots in the community

HOA Fees

  • $102 Monthly HOA Fees

Schools

  • Lakeridge Elementary School
  • Permenter Middle School
  • Cedarhill High School

Utilities

  • Underground Utilities

Community Details

  • Association fees include full use of facilities, maintenance structure, management fees
  • Poa Of Lake Ridge HOA, Phone Number (972) 943-2828
  • Lake Rdg Sec 20 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 2581 / Q
  • Assessor Parcel Number 281209700Q2581000
  • $2,540 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$2,561

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Agricultural, Deed, No Livestock, No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Joe Pool
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Horse Permitted Y N: No
  • Attribution Contact: 817-592-3008
  • Special Features: None

Exterior Features

  • Easements: Electric, Utilities
  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete

Utilities

  • Utilities: City Sewer, City Water, Concrete, Electricity Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 1225
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: POA of Lake Ridge
  • HOA Management Company: 972-943-2828

Association/Amenities

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

Schools

  • School District: Cedar Hill ISD
  • Elementary School: Lakeridge
  • Middle School: Permenter
  • High School: Cedarhill
  • School District: Cedar Hill ISD
  • Elementary School: Lakeridge

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Acreage, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.5070
  • Parcel Number: 281209700Q2581000
  • Lot Size Acres: 0.5070
  • Lot Size Sq Ft: 22084.9200
  • Zoning Description: Residential.
  • Possible Use: Single Family

Multi Family

  • Number Of Lots: 2581

Tax Info

  • Unexempt Taxes: 2540
  • TaxBlock: Q
  • Tax Lot: 2581

MLS Schools

  • Middle School Name: Permenter
  • Elementary School Name: Lakeridge
  • High School Name: Cedarhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 22, 2023
Sold by
Cornelio Ma Soledad and Cornelio Noel
Bought by
Solomon Arthur and Solomon Yerni
Seller's Agent
Maria Morrow
Rendon Realty, LLC
Buyer's Agent
Sarah Bailey
Compass RE Texas, LLC
List Price
$142,000
Views
23
Current Estimated Value
$144,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$124,200
Outstanding Balance
$111,963
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$38,520

Purchase Details

Listed on
Jun 27, 2020
Closed on
Nov 4, 2020
Sold by
Alvidrez Daniel and Alvidrez Olga
Bought by
Cornelio Ma Soledad and Cornelio Noel
Seller's Agent
Maria Morrow
Rendon Realty, LLC
Buyer's Agent
Maria Morrow
Rendon Realty, LLC
List Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.50%
Original Mortgage
$57,800
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Solomon Arthur -- Texas Title
Cornelio Ma Soledad -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Arthur $124,200
Previous Owner Cornelio Ma Soledad $57,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold -- -- --
04/28/2023 04/28/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $142,000 +102.9% $41 / Sq Ft
11/04/2020 11/04/20 Sold -- -- --
09/26/2020 09/26/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $70,000 -11.4% $20 / Sq Ft
06/27/2020 06/27/20 For Sale $79,000 +17.0% $23 / Sq Ft
04/30/2018 04/30/18 Sold -- -- --
04/22/2018 04/22/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $67,500 -- $19 / 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 $2,561 $110,330 $110,330 --
2024 $2,561 $110,330 $110,330 --
2023 $2,561 $165,000 $165,000 $0
2022 $2,540 $100,000 $100,000 $0
2021 $1,386 $55,000 $55,000 $0
2020 $1,297 $50,000 $50,000 $0
2019 $1,351 $50,000 $50,000 $0
2018 $448 $15,750 $15,750 $0
2017 $447 $15,750 $15,750 $0
2016 $447 $15,750 $15,750 $0
2015 $1,001 $15,750 $15,750 $0
2014 $1,001 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20300434

North Texas Real Estate Information Systems (NTREIS)

APN: 281209700Q2581000