NOT LISTED FOR SALE

1265 Forest Hill Dr Cross Roads, TX 76227

Estimated Value: $355,000 - $807,699

1.24 Acres
$483,434 Price per Acre
54,102 Sq Ft Lot

Last Sold September 16, 2022

Current estimated payment $3,555/month

14 Days on Market

About This Lot

As of September 2022

Builders dream! Last of 2 remaining lots at the wooded, gated, and secluded community of Forest Hills in Cross Roads. This RARE lot and the one next to it are both listed and available if you desire to lock in both. Over 1 acre awaits your plan with a fantastic north-facing lot. Features direct and exclusively connected pond view (south) with big trees. All lots in this beautiful subdivision are 1 acre+. Per HOA there are 4 lots under construction, 2 additional lots have been approved and 1 remains in pre-approval. When they are completed its all over. The minimum build footprint is 2,500 sqft.

Last Agent to Sell the Property

Richard Gaspar

BLVD Group License #0670391 Listed on: 08/10/2022

BLVD Group

Last Buyer's Agent

Sheri Sanders

Monument Realty License #0785214

Monument Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,224

Lot Details

  • 1.24 Acre Lot
  • Interior Lot
  • Irregular Lot
  • Zoning described as SFR 2500+ sq. ft.

HOA Fees

  • $40 Monthly HOA Fees

Schools

  • Providence Elementary School
  • Navo Middle School
  • Denton High School

Utilities

  • Co-Op Electric
  • Co-Op Water
  • Septic Tank

Community Details

  • Association fees include security
  • Secure Association Management HOA, Phone Number (940) 497-7328
  • Forest Hills Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number R308282
  • $2,404 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$3,224

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Other
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Access

Utilities

  • Utilities: Co-op Electric, Co-op Water, Septic

Condo/Co-op/Association

  • HOA Fee Includes: Security
  • Association Fee: 242
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: Secure Association Management
  • HOA Management Company: 940-497-7328

Association/Amenities

  • DevelopmentStatus: Streets Installed

Schools

  • School District: Denton ISD
  • Elementary School: Providence
  • Middle School: Navo
  • High School: Denton
  • School District: Denton ISD

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Interior Lot, Irregular Lot, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 1.2420
  • Parcel Number: R308282
  • Lot Size Acres: 1.2420
  • Lot Size Sq Ft: 54101.5200
  • Zoning Description: SFR 2500+ sq. ft.
  • Present Use: Unimproved

Tax Info

  • Unexempt Taxes: 2404
  • TaxBlock: A
  • Tax Lot: 5

MLS Schools

  • Middle School Name: Navo
  • Elementary School Name: Providence
  • High School Name: Denton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 16, 2022
Sold by
Texas Horizon Holdings Llc
Bought by
Muhammad Villayatullah and Muhammad Asma
Seller's Agent
Richard Gaspar
BLVD Group
Buyer's Agent
Sheri Sanders
Monument Realty
List Price
$240,000
Current Estimated Value
$600,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.06%
Original Mortgage
$143,500
Outstanding Balance
$21,235
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$647,808

Purchase Details

Closed on
Apr 30, 2019
Sold by
Seven Lots Forest Hills Lp
Bought by
Texas Horizon Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
Marks Michael
Bought by
Seven Lots Forest Hills Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2017
Sold by
Seven Lots Forest Hills Lp
Bought by
Marks Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Muhammad Villayatullah -- --
Texas Horizon Holdings Llc -- None Available
Seven Lots Forest Hills Lp $121,514 None Available
Marks Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhammad Villayatullah $143,500
Previous Owner Texas Horizon Holdings Llc $67,500
Previous Owner Marks Michael $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold -- -- --
08/19/2022 08/19/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $240,000 -- --
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 $3,224 $570,000 $239,759 $330,241
2024 $3,224 $239,759 $239,759 $0
2023 $3,234 $239,759 $239,759 $0
2022 $2,212 $141,572 $141,572 $0
2021 $2,460 $150,706 $150,706 $0
2020 $2,555 $150,706 $150,706 $0
2019 $2,217 $125,588 $125,588 $0
2018 $2,233 $125,588 $125,588 $0
2017 $2,246 $125,588 $125,588 $0
2016 $1,348 $75,353 $75,353 $0
2015 -- $50,000 $50,000 $0
2013 -- $47,952 $47,952 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20134203

North Texas Real Estate Information Systems (NTREIS)

APN: R308282