NOT LISTED FOR SALE

1504 Loraine Dr Little Elm, TX 75068

Estimated Value: $622,000 - $696,000

4 Beds
4.5 Baths
3,453 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 03, 2023

Current estimated payment $4,820/month

76 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Covered Patio or Porch
  • Contemporary Architecture
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of November 2023

MLS#2035844 REPRESENTATIVE PHOTOS ADDED! Built by Taylor Morrison, the Topaz at Northlake Estates. October Completion! The Topaz plan offers a beautiful entry with a flex space and media room off of the foyer. The gourmet kitchen overlooks the large gathering room and casual dining space. The owner’s suite is an oasis with an expansive walk-in closet. The laundry room is off of the owner’s entry and master suite for added convenience. An additional bedroom downstairs is perfect for company. Upstairs find secondary bedrooms along with a game room. Structural options added include: Gourmet kitchen 2, alternate 2nd floor layout, soaking tub in owner's bath and study.

Last Agent to Sell the Property

Bobbie Alexander

Alexander Properties - Dallas Brokerage Phone: 469-252-2306 License #0442092 Listed on: 06/16/2023

Last Buyer's Agent

Ram Konara

StarPro Realty Inc. License #0495497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,702

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,125 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 3,453 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace With Gas Starter
  • ENERGY STAR Qualified Windows
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Oak Point Elementary School
  • Jerry Walker Middle School
  • Little Elm High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / M

Community Details

Overview

  • Association fees include ground maintenance
  • Northlake Estates Home Owners Assoc. HOA, Phone Number (972) 428-2030
  • Northlake Estates Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,702

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Deed, Easement(s)
  • Security: Carbon Monoxide Detector(s), Prewired, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 469-252-2306
  • Special Features: NewHome
  • Year Built: 2023

Interior Features

  • Square Footage: 3453.00
  • Fireplace Features: Gas Starter
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Sound System Wiring
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Plumbed For Gas in Kitchen
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding, Wood
  • Exterior Features: Covered Patio/Porch, Rain Gutters

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Front, Tandem
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Electric Dryer Hookup
  • Utilities: City Sewer, City Water, Sidewalk, Underground Utilities, Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 625
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Northlake Estates Home Owners Assoc.
  • HOA Management Company: 972-428-2030

Schools

  • School District: Little Elm ISD
  • Elementary School: Oak Point
  • Middle School: Jerry Walker
  • High School: Little Elm
  • School District: Little Elm ISD
  • Elementary School: Oak Point

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Sprinkler System, Subdivision
  • Lot Size Units: Square Feet
  • Lot Size Area: 8125.0000
  • Lot Size Acres: 0.1865
  • Lot Size Sq Ft: 8125.0000

Green Features

  • Efficiency: Appliances, HVAC, Thermostat, Waterheater, Windows
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 1

Building Info

  • Year Built: 2023

Tax Info

  • TaxBlock: M
  • Tax Lot: 2

MLS Schools

  • Middle School Name: Jerry Walker
  • Elementary School Name: Oak Point
  • High School Name: Little Elm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Nov 3, 2023
Sold by
Taylor Morrison/Texas Inc
Bought by
Gandhi Chava Vamsi and Gandhi Rashmi Kamma
Seller's Agent
Bobbie Alexander
Alexander Properties - Dallas
Buyer's Agent
Ram Konara
StarPro Realty Inc.
List Price
$705,053
Views
65
Current Estimated Value
$655,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.54%
Original Mortgage
$631,800
Outstanding Balance
$620,674
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$32,369
Source: Public Records

Range of Values:

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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
Gandhi Chava Vamsi -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandhi Chava Vamsi $631,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold -- -- --
08/31/2023 08/31/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $685,053 -2.8% $198 / Sq Ft
06/16/2023 06/16/23 For Sale $705,053 -- $204 / 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 $14,702 $641,000 $108,045 $532,955
2024 $14,702 $668,107 $108,045 $560,062
2023 $735 $51,862 $51,862 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20358441

North Texas Real Estate Information Systems (NTREIS)

APN: R1013718