NOT LISTED FOR SALE

Estimated Value: $636,000 - $801,000

1.8 Acres
$393,004 Price per Acre
78,408 Sq Ft Lot

Last Sold May 04, 2020

Current estimated payment $5,030/month

149 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Mature Trees
  • Lakewood Elementary School Rated A
  • 1.8 Acre Lot
  • No HOA

About This Lot

As of May 2020

1.80 Acre wooded lot on Belton Lake. This property is at the end of Tejas Lane in Morgan's Point Resort. 2019 property taxes are approx $1580/yr.

Last Agent to Sell the Property

Sonya White

Covington Real Estate, Inc. License #0446331 Listed on: 11/06/2019

Last Buyer's Agent

Quinton Locklin

Keller Williams Lone Star Realty License #0637449

Keller Williams Lone Star Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,105

Lot Details

  • 1.8 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Mature Trees
  • Partially Wooded Lot
  • Possible uses of the property include Residential

Utilities

  • Septic Needed
  • High Speed Internet

Additional Features

  • Lake Views
  • City Lot

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 237787

Community Details

Overview

  • No Home Owners Association
  • Cosper Sub Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Property Details

Property Type

Land

Est. Annual Taxes

$14,105

Lot Details

0

Listing Details

  • Architectural Style: None
  • Directions: From HWY 317 go west on FM 2305 (W Adams) right on Morgans Point Road, left on Tejas Lane
  • Lot Size Acres: 1.8
  • Lot Size: Irregular
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential,Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Cosper Sub
  • Water Body Name: Belton Lake
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Deed Restriction
  • Fencing: None
  • Lot Features: City Lot, Mature Trees
  • Other Structures: None
  • Pool Features: Community
  • View: Lake
  • View: Yes
  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Clubhouse, Dock, Fishing, Pier, Playground, Park, Tennis Court(s), Community Pool

Schools

  • Junior High Dist: Belton ISD

Lot Info

  • Parcel #: 237787
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
May 4, 2020
Sold by
Kelly Kory R and Kelly Rachel C
Bought by
Roberts Andrew Wallace and Roberts Kerri Wardd
Seller's Agent
Sonya White
Covington Real Estate, Inc.
Buyer's Agent
Quinton Locklin
Keller Williams Lone Star Realty
List Price
$115,000
Current Estimated Value
$707,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.70%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Golden Quality Inc
Bought by
Killeen 39 Street Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2014
Sold by
National Bank
Bought by
1510 Bundrant Drive Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Veterans Land Board Of The State Of Tx
Bought by
Muenter William Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 19, 2007
Sold by
Hallmark Wilson P
Bought by
Veterans Land Board Of The State Of Tx

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.64%
Mortgage Type
Seller Take Back
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
Roberts Andrew Wallace -- First Community Title Llc
Killeen 39 Street Inc -- None Available
1510 Bundrant Drive Llc -- Austin Title Company
Muenter William Theodore $60,000 Monteith Abstract & Title Co
Veterans Land Board Of The State Of Tx $60,000 Monteith Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roberts Andrew Wallace $900,000
Previous Owner Killeen 39 Street Inc $468,000
Previous Owner Muenter William Theodore $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold -- -- --
04/04/2020 04/04/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $115,000 -- --
Source: Central Texas MLS (CTXMLS)

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 $14,105 $940,457 $122,904 $817,553
2024 $14,105 $664,875 $122,904 $541,971
2023 $1,330 $65,000 $65,000 $0
2022 $1,417 $62,726 $62,726 $0
2021 $1,499 $62,726 $62,726 $0
2020 $1,577 $62,726 $62,726 $0
2019 $1,694 $62,726 $62,726 $0
2018 $1,694 $62,726 $62,726 $0
2017 $1,591 $62,726 $62,726 $0
2016 $1,591 $62,726 $62,726 $0
2015 $1,591 $62,726 $62,726 $0
2014 $1,591 $62,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 394184

Central Texas MLS (CTXMLS)

APN: 237787