NOT LISTED FOR SALE

217 Deer Valley Mabank, TX 75147

Estimated Value: $2,979,000 - $3,616,000

1.32 Acres
$2,422,025 Price per Acre
57,499 Sq Ft Lot

Last Sold June 23, 2020

Current estimated payment $21,655/month

258 Days on Market

Highlights

  • Lake Front
  • Horse Facilities
  • 1.32 Acre Lot
  • Boat Dock
  • Gated Community
  • Community Lake

About This Lot

As of June 2020

One of the last remaining waterfront lots in 505 Ranch Club, a private gated community, offers a ranch-lake house setting with luxurious amenities: state of the art polo field and equestrian center, riding arena, stables for private lease,24-hour ranch staff, club house, guest cottages, infinity pool, biking and ATV trails, skeet range, stocked fishing ponds, wake boarding, skiing, paddle boarding, sailing, canoeing, holiday festivities and the best 4th of July fireworks show on Cedar Creek Lake! Property features custom boat dock composed of high performance Trex decking with motor and lift.

Last Agent to Sell the Property

Suzanne Warner

Compass RE Texas, LLC. License #0670159 Listed on: 08/29/2019

Compass RE Texas, LLC.

Last Buyer's Agent

Suzanne Warner

Compass RE Texas, LLC. License #0670159 Listed on: 08/29/2019

Compass RE Texas, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,875

Lot Details

  • 1.32 Acre Lot
  • Lake Front
  • 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 17
  • Assessor Parcel Number 175599

Community Details

Overview

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

Recreation

  • Boat Dock
  • Community Pool
  • Horse Facilities
  • Jogging Path

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$44,875

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Planned Development: 505 Ranch Club
  • Restrictions: Architectural, Building, Deed, Development, No Mobile Home, No Sublease, Other
  • 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: None
  • Community Features: Club House, Community Dock, Community Pool, Gated, Horse Facilities, Jogging Path/Bike Path, Lake
  • Soil Type: Unknown
  • Waterfront: Yes

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, City Sewer, City Water, None

Condo/Co-op/Association

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

Association/Amenities

  • DevelopmentStatus: Streets Installed, Zoned

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, Many Trees, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 1.3200
  • Parcel Number: 175599
  • Lot Size Acres: 1.3200
  • Lot Size Sq Ft: 57499.2000
  • Zoning Description: Residential
  • Possible Use: Single Family

Tax Info

  • Tax Lot: 17

Multi Family

  • WaterfrontFeatures: Lake Front, Lake Front – Main Body, 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

Listed on
Aug 29, 2019
Closed on
Jun 23, 2020
Sold by
Knutz Jonathan S and Morrison Jerry
Bought by
Galindo Manuel A and Galindo Lorena C
Seller's Agent
Suzanne Warner
Compass RE Texas, LLC.
Buyer's Agent
Suzanne Warner
Compass RE Texas, LLC.
List Price
$540,000
Current Estimated Value
$3,197,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.83%
Original Mortgage
$396,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2017
Sold by
Stuart Daniel B
Bought by
Knutz Jonathan S and Morrison Jerry

Purchase Details

Closed on
Sep 1, 2006
Sold by
Eastern/505 Lp
Bought by
Stuart Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Galindo Manuel A -- Chicago Title Of Texas Dfw
Knutz Jonathan S -- Chicago Title Of Texas Dfw
Stuart Daniel B -- Republic Title Of Texas Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galindo Manuel A $1,523,714
Closed Galindo Manuel A $1,902,400
Closed Galindo Manuel A $396,000
Previous Owner Stuart Daniel B $315,000
Previous Owner Stuart Daniel B $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold -- -- --
05/13/2020 05/13/20 Pending -- -- --
08/29/2019 08/29/19 For Sale $540,000 -- --
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 $44,875 $2,456,314 $832,588 $1,623,726
2024 $44,875 $2,360,483 $832,588 $1,527,895
2023 $29,516 $1,555,859 $742,315 $813,544
2022 $16,005 $787,315 $742,315 $45,000
2021 $12,530 $557,167 $557,167 $0
2020 $7,112 $316,250 $316,250 $0
2019 $5,681 $222,290 $222,290 $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: 14172495

North Texas Real Estate Information Systems (NTREIS)

APN: 175599