NOT LISTED FOR SALE

141 Magellan Loop Mabank, TX 75156

Estimated Value: $352,000 - $438,000

3 Beds
2.5 Baths
2,262 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 01, 2020

Current estimated payment $2,653/month

113 Days on Market

Highlights

  • Boat Ramp
  • 2-Story Property
  • Tandem Parking
  • Adjacent to Greenbelt
  • Park or Greenbelt View
  • Accessible Doors

About This Home

As of May 2020

SITUATED ON 4 LOTS IN QUIET, RESTRICTED SUBDIVISION THIS HIGH EFFICIENCY HOME IS PRACTICALLY BRAND NEW! BUILT IN 1975 BUT TAKEN DOWN TO THE FOUNDATION TO REBUILD WITH AN ADDITIONAL 1200 SQ FT FOR A TOTAL OF 2480 SQ FT. CARPORT, DRIVEWAY, HEAT & AC, FLOORS, CARPET, WALLS, WINDOWS, KITCHEN, DOORS, CUSTOM CABINETS, TILE, GRANITE...ALL NEW! LOW MAINTENANCE WITH BLOWN IN INSULATION. TONS OF STORAGE. POA OFFERS GREAT PAVILION, PLAYGROUND, AND BOAT LAUNCH.

Last Agent to Sell the Property

Courtney Dickens

TX Lake & Land Real Estate License #0607334 Listed on: 12/15/2019

Last Buyer's Agent

Dawn Montgomery

Texas Premier Realty License #0631995

Texas Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,994

Year Built

  • Built in 2018

Lot Details

  • 0.55 Acre Lot
  • Adjacent to Greenbelt
  • Landscaped
  • Few Trees
  • Large Grassy Backyard
  • Undivided Lot

HOA Fees

  • $9 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Lake House
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,262 Sq Ft Home
  • Brick Fireplace
  • Carpet
  • Park or Greenbelt Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • 2 Carport Spaces
  • Front Facing Garage
  • Tandem Parking

Accessible Home Design

  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • Boat Ramp
  • Rain Gutters

Schools

  • Central Elementary School
  • Mabank Middle School
  • Mabank High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer
  • High Speed Internet

Community Details

  • Association fees include maintenance structure
  • Del Mar HOA, Phone Number (903) 888-8888
  • Located in the Del Mar master-planned community
  • Del Mar Sub Subdivision
  • Mandatory home owners association
  • Greenbelt

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 659
  • Assessor Parcel Number 25900000660058
  • $4,221 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,994

Year Built

Built in 2018

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Farm/Ranch House, Lake House, Resort Property, Vacation Home
  • Unit Levels: Two
  • Planned Development: Del Mar
  • Accessibility Features: Accessible Doors
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Ratio Current Price By Building: 99.46950
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Square Footage: 2262.00
  • Fireplace Features: Brick
  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: Access
  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Greenbelt
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Stucco
  • Exterior Features: Rain Gutters
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage Faces Front, Tandem
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: MUD Sewer, MUD Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Association Fee: 108
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Del Mar HOA
  • HOA Management Company: 9038888888

Schools

  • School District: Mabank ISD
  • Elementary School: Central
  • High School: Mabank
  • School District: Mabank ISD
  • Elementary School: Central
  • Intermediate School: Mabank
  • Junior High School: Mabank
  • High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Adjacent to Greenbelt, Few Trees, Greenbelt, Landscaped, Lrg. Backyard Grass, Park View, Subdivision, Undivided
  • Lot Size Units: Acres
  • Lot Size Area: 0.5500
  • Parcel Number: 25900000660058
  • Lot Size Acres: 0.5500
  • Lot Size Sq Ft: 23958.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2018

Tax Info

  • Unexempt Taxes: 4221
  • Tax Lot: 659

MLS Schools

  • MiddleOrJuniorSchool: Mabank
  • Elementary School Name: Central
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2019
Closed on
May 1, 2020
Sold by
Reese Dylan Matthew and Reese Bethany Leigh
Bought by
Broccck Jeremy
Seller's Agent
Courtney Dickens
TX Lake & Land Real Estate
Buyer's Agent
Dawn Montgomery
Texas Premier Realty
List Price
$259,000
Current Estimated Value
$408,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$213,750
Outstanding Balance
$190,865
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$218,047

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jun 12, 2017
Sold by
Miles Antonie Gray
Bought by
Reese Dylan Mathew & Bethany Leigh
Seller's Agent
B G PIERCE
Keller Williams Legacy
Buyer's Agent
B G PIERCE
Keller Williams Legacy
List Price
$228,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$203,700
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jun 4, 2017
Sold by
Miles Antonie Gray
Bought by
Reese Dylan Mathew and Reese Bethany Leigh
Seller's Agent
B G PIERCE
Keller Williams Legacy
Buyer's Agent
B G PIERCE
Keller Williams Legacy
List Price
$228,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Dec 23, 2014
Sold by
Myers Ronald D
Bought by
Reese Dylan Mathew & Bethany Leigh
Seller's Agent
ROBERT BLAASE
COLDWELL BANKER, AMER.DRM RLTY
Buyer's Agent
BUCK GENTRY
COLDWELL BANKER, AMER.DRM RLTY
List Price
$29,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.69%
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
Broccck Jeremy -- None Available
Reese Dylan Mathew & Bethany Leigh -- --
Reese Dylan Mathew -- East Texas Title Company
Reese Dylan Mathew & Bethany Leigh -- --
Miles Antonie Gray -- Attorneys Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Jeremy $100,000
Open Broccck Jeremy $213,750
Previous Owner Reese Dylan Mathew & Bethany Leigh $203,700
Previous Owner Reese Dylan Mathew $203,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold -- -- --
04/06/2020 04/06/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $249,000 -3.9% $110 / Sq Ft
12/15/2019 12/15/19 For Sale $259,000 +13.1% $115 / Sq Ft
06/12/2017 06/12/17 Sold -- -- --
04/17/2017 04/17/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $228,900 +675.9% $92 / Sq Ft
12/23/2014 12/23/14 Sold -- -- --
10/22/2014 10/22/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $29,500 -- $25 / 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
2024 $4,994 $298,170 $60,000 $395,959
2023 $3,547 $271,064 $60,000 $370,393
2022 $6,490 $355,480 $60,000 $295,480
2021 $4,056 $224,020 $20,000 $204,020
2020 $4,331 $223,080 $8,000 $215,080
2019 $4,415 $220,350 $8,000 $212,350
2018 $154 $24,320 $8,000 $16,320
2017 $362 $18,000 $2,000 $16,000
2016 $362 $18,000 $2,000 $16,000
2015 $360 $18,000 $2,000 $16,000
2014 $521 $66,130 $2,000 $64,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14242632

North Texas Real Estate Information Systems (NTREIS)

APN: 2590-0000-6600-58