B
Seller's Agent in 2023
Bobbie Proskine
DHS Realty
(210) 452-6206
1 in this area
5 Total Sales
12340 Farmstead Dr Frisco, TX 75033
Newman Village NeighborhoodEstimated Value: $900,000 - $1,319,000
0.59
Acre
$1,912,631
Price per Acre
25,831
Sq Ft Lot
Highlights
- Gated Community
- 0.59 Acre Lot
- Adjacent to Greenbelt
- Newman Elementary School Rated A+
- Clubhouse
- Park or Greenbelt View
About This Lot
As of July 2023Don't miss out on the opportunity to build your own custom home in the esteemed gated community of Newman Village in Frisco, specifically in the HOMESTEAD Estates section. Act fast as this is one of the last over-sized lot thats available, positioned on the interior side of Farmstead Dr and offering a corner location. This lot is adjacent to a small pocket park in the Homestead, featuring beautiful, mature trees. With 0.5930 acres, it can accommodate a 5,000+ sqft custom home. Newman Village has some of the greatest amenities as it has four tennis courts, a resort-style pool, parks, playgrounds, a courtyard, and clubhouse. Newman Elementary School and Trent Middle School are within walking distance. Newman Village is close to proximity to PGA Frisco, DNT, the new HEB etc. Act quick so you can start living your best live in this highly sought-after subdivision.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,842
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 135x180x161x158
- Adjacent to Greenbelt
- Corner Lot
- Interior Lot
- Large Grassy Backyard
- Zoning described as Residential Homestead
HOA Fees
- $208 Monthly HOA Fees
Property Views
- Park or Greenbelt Views
Schools
- Newman Elementary School
- Trent Middle School
- Memorial High School
Utilities
- Underground Utilities
- Individual Gas Meter
- Phone Available
Listing and Financial Details
- Legal Lot and Block 4 / D
- Assessor Parcel Number R745842
- $14,905 per year unexempt tax
Community Details
Overview
- Association fees include full use of facilities, management fees
- First Service HOA, Phone Number (214) 397-0475
- Newman Village Ph 5 Subdivision
- Mandatory home owners association
- Greenbelt
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Security
- Fenced around community
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Bsp Land Advisors Llc
Bought by
Kendall Jonathan T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Outstanding Balance
$1,946,480
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$812,290
Purchase Details
Listed on
Mar 30, 2023
Closed on
Jul 13, 2023
Sold by
Stack Lauren and Stack Mitchell
Bought by
Bsp Land Advisors Llc
Seller's Agent
Bobbie Proskine
DHS Realty
Buyer's Agent
Joselyne Kendall
JPAR North Metro
List Price
$1,299,000
Views
112
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.62%
Purchase Details
Closed on
Jul 27, 2022
Sold by
Coats Homes Llc
Bought by
Stack Lauren and Stack Mitchelle
Purchase Details
Closed on
May 12, 2022
Sold by
Wright David J and Wright Christine
Bought by
Coats Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2021
Sold by
Coats Homes Llc
Bought by
Wright David J and Wright Christine
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kendall Jonathan T | -- | Fidelity National Title | |
| Kendall Jonathan T | -- | Fidelity National Title | |
| Bsp Land Advisors Llc | -- | None Listed On Document | |
| Stack Lauren | -- | None Listed On Document | |
| Coats Homes Llc | -- | None Listed On Document | |
| Wright David J | -- | None Listed On Document | |
| Coats Tiomes Llc | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kendall Jonathan T | $2,925,000 | |
| Closed | Kendall Jonathan T | $2,925,000 | |
| Closed | Kendall Jonathan T | $3,034,935 | |
| Closed | Kendall Jonathan T | $2,925,000 | |
| Previous Owner | Coats Homes Llc | $719,200 | |
| Closed | Coats Tiomes Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2023 07/17/23 | Sold | -- | -- | -- |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | Price Changed | $1,174,000 | -2.1% | -- |
| 04/26/2023 04/26/23 | Price Changed | $1,199,000 | -6.3% | -- |
| 04/18/2023 04/18/23 | Price Changed | $1,279,000 | -1.5% | -- |
| 03/30/2023 03/30/23 | For Sale | $1,299,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $16,842 | $2,196,000 | $1,008,311 | $1,187,689 |
| 2024 | $16,842 | $1,008,311 | $1,008,311 | $0 |
| 2023 | $16,629 | $1,008,311 | $1,008,311 | $0 |
| 2022 | $14,905 | $794,045 | $794,045 | $0 |
| 2021 | $6,949 | $350,649 | $350,649 | $0 |
| 2020 | $3,877 | $192,857 | $192,857 | $0 |
| 2019 | $4,073 | $192,857 | $192,857 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bobbie Proskine
-
Joselyne Kendall
J
Buyer's Agent in 2023
Joselyne Kendall
JPAR North Metro
(903) 363-8216
1 in this area
5 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20291352
APN: R745842
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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