NOT LISTED FOR SALE

215 Deer Valley Dr Mabank, TX 75147

Estimated Value: $2,977,000 - $3,811,000

1.56 Acres
$2,226,823 Price per Acre
67,954 Sq Ft Lot

Last Sold July 15, 2020

Current estimated payment $22,788/month

146 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Horse Facilities
  • 1.56 Acre Lot
  • Clubhouse

About This Lot

As of July 2020

Custom built boat dock on property! Lot also has been cleared. One of few remaining lots of the 56 waterfront lots in this private gated community. 505 Ranch Club offers a lake and a ranch home experience. Enjoy the luxurious amenities such as the equestrian center and riding arena, ATV trail, skeet range, clubhouse and pool, guest cottages, fishing, sailing, paddle boarding, water skiing, jet skiing, and the beautiful wooded hiking, biking, and riding trails throughout the ranch.Watch a polo match at the state of the art polo field. The property retains and 24 hour ranch staff and concierge services.

Last Agent to Sell the Property

Suzanne Warner

Compass RE Texas, LLC. License #0670159 Listed on: 02/05/2020

Compass RE Texas, LLC.

Last Buyer's Agent

Amy Farris

Allie Beth Allman & Assoc. License #0681839

Allie Beth Allman & Assoc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,376

Lot Details

  • 1.56 Acre Lot
  • Lake Front
  • Interior Lot
  • Many Trees

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Mabank Elementary And Middle School
  • Mabank High School

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 175598
  • $6,250 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, insurance, maintenance structure, management fees
  • 505 Ranch Club At Cedar Creek HOA, Phone Number (214) 292-2040
  • Located in the 505 Ranch Club at Cedar Creek master-planned community
  • 505 Ranch Subdivision
  • Mandatory home owners association
  • Community Lake
  • Campground in community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park
  • Horse Facilities
  • Jogging Path

Security

  • Fenced around community
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$40,376

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Planned Development: 505 Ranch Club at Cedar Creek
  • Restrictions: Building, Deed, No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Other
  • Community Features: Campground, Club House, Community Pool, Gated, Horse Facilities, Jogging Path/Bike Path, Lake, Park, Perimeter Fencing
  • Soil Type: Unknown
  • Waterfront: Yes

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: City Sewer, City Water, Individual Water Meter

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Structure, Management Fees
  • Association Fee: 1486
  • Association Fee Frequency: Quarterly
  • Association Type: Mandatory
  • Hoa Management Company: 505 Ranch Club at Cedar Creek
  • HOA Management Company: 214-292-2040

Association/Amenities

  • DevelopmentStatus: Other

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Interior Lot, Many Trees, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 1.5600
  • Lot Size: 161' Waterfront
  • Parcel Number: 175598
  • Lot Size Acres: 1.5600
  • Lot Size Sq Ft: 67953.6000
  • Present Use: Single Family

Tax Info

  • Unexempt Taxes: 6250
  • Tax Lot: 16

Multi Family

  • WaterfrontFeatures: Lake Front, Retaining Wall – Other

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Riverfront Properties Lp
Bought by
Modesto Development Llc
Current Estimated Value
$3,473,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,628,641
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 21, 2021
Sold by
Fortuna Ranch Llc
Bought by
Modesto Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,628,641
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 5, 2020
Closed on
Aug 25, 2020
Sold by
Jones Quaidoo Sean
Bought by
Fortuna Ranch Llc
Seller's Agent
Suzanne Warner
Compass RE Texas, LLC.
Buyer's Agent
Amy Farris
Allie Beth Allman & Assoc.
List Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.45%

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 15, 2020
Sold by
Rampuria Sandeep Jay and Rampuria Bindu
Bought by
Jones Quaidoo Sean
Seller's Agent
Suzanne Warner
Compass RE Texas, LLC.
Buyer's Agent
Amy Farris
Allie Beth Allman & Assoc.
List Price
$575,000

Purchase Details

Closed on
Aug 17, 2017
Sold by
Eastern 505 Lp
Bought by
Rampuria Sandeep Jay and Rampuria Bindu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,336
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Modesto Development Llc -- Chicago Title
Modesto Development Llc -- Chicago Title Company
Modesto Development Llc -- Chicago Title
Fortuna Ranch Llc -- Chicago Title Of Texas Dfw
Fortuna Ranch Llc -- None Available
Jones Quaidoo Sean -- Chicago Title
Rampuria Sandeep Jay -- Chicago Title Of Texas Dfw
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modesto Development Llc $1,642,015
Closed Modesto Development Llc $1,628,641
Previous Owner Jay Rampurin Sandeep $313,570
Previous Owner Rampuria Sandeep Jay $306,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold -- -- --
06/30/2020 06/30/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $575,000 -- --
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 $40,376 $2,466,370 $903,783 $1,562,587
2024 $40,376 $2,460,652 $903,783 $1,556,869
2023 $33,576 $1,769,855 $820,200 $949,655
2022 $27,718 $1,363,476 $820,200 $543,276
2021 $14,277 $634,837 $589,837 $45,000
2020 $8,653 $384,750 $347,000 $37,750
2019 $6,666 $260,830 $260,830 $0
2018 $5,750 $225,000 $225,000 $0
2017 $2,297 $90,000 $90,000 $0
2016 $1,915 $75,000 $75,000 $0
2015 $2,271 $75,000 $75,000 $0
2014 $2,271 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14273803

North Texas Real Estate Information Systems (NTREIS)

APN: 175598