Seller's Agent in 2024
Daniela Solorzano
Encore Fine Properties
(469) 358-3012
1 in this area
26 Total Sales
Last list price
7.52
Acres
$99,734
Price per Acre
327,571
Sq Ft Lot
Highlights
- 7.52 Acre Lot
- Scott Morgan Johnson Middle School Rated A-
- Many Trees
About This Lot
As of December 2024THIS IS A DEAL! Great opportunity to own 7.52 acres in the desirable Five Oaks Estates subdivision in Lucas, with built in equity! The lot was recently appraised for $410K + above asking! Due to the unique shape and access point, this flagpole lot offers a high degree of privacy, making it ideal for those looking to escape the hustle and bustle of city life. Experience the charm of rural living with urban amenities! The secluded nature & significant acreage make this property both a unique investment opportunity and the potential for an impressive private estate. With NO HOA there is ample space for various uses including residential development, agriculture or rec. activities. Contact your favorite builder to start your custom home building process! The possibilities are endless– think outbuildings, gardens or even a small farm! To the buyer’s luck, the land just behind this lot (east) belongs to the city and they have no plan to develop it, thus the view will never be blocked!
Last Agent to Sell the Property
Encore Fine Properties Brokerage Phone: 956-821-6170 License #0668270 Listed on: 06/28/2024
Property Details
Property Type
- Land
Lot Details
- 7.52 Acre Lot
- Flag Lot
- Many Trees
- Zoning described as R2 Single-Family Residential District
Schools
- Webb Elementary School
- Johnson Middle School
- Mckinney High School
Utilities
- Co-Op Electric
- Individual Gas Meter
- Sewer Not Available
Community Details
- Five Oaks Estates Subdivision
Listing and Financial Details
- Legal Lot and Block 7 / A
- Assessor Parcel Number R1122800A00701
- $9,108 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2024
Closed on
Dec 30, 2024
Sold by
Sabido Laura Alejandra
Bought by
Legacy Series 18 and Cr Morgans Family Legacy Llc
Seller's Agent
Daniela Solorzano
Encore Fine Properties
Buyer's Agent
Michelle Salvetti
United Real Estate
List Price
$875,000
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Purchase Details
Listed on
Jun 28, 2024
Closed on
Dec 27, 2024
Sold by
Mohammed Zumar
Bought by
Sabido Laura Alejandra
Seller's Agent
Daniela Solorzano
Encore Fine Properties
Buyer's Agent
Michelle Salvetti
United Real Estate
List Price
$875,000
Views
42
Purchase Details
Closed on
Oct 3, 2023
Sold by
Mohammed Zumar
Bought by
Sabido Laura Alejandra
Purchase Details
Closed on
Nov 2, 2022
Sold by
Sabido Alonso and Sabido Laura
Bought by
Zumar Mohammed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | -- | -- | -- |
| 12/15/2024 12/15/24 | Pending | -- | -- | -- |
| 09/18/2024 09/18/24 | Price Changed | $750,000 | -9.1% | -- |
| 08/22/2024 08/22/24 | Price Changed | $825,000 | -5.7% | -- |
| 06/28/2024 06/28/24 | For Sale | $875,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $8,995 | $676,800 | $676,800 | -- |
| 2024 | $8,995 | $564,000 | $564,000 | -- |
| 2023 | $8,995 | $564,000 | $564,000 | $0 |
| 2022 | $7,505 | $413,600 | $413,600 | $0 |
| 2021 | $5,759 | $300,800 | $300,800 | $0 |
| 2020 | $5,390 | $263,200 | $263,200 | $0 |
| 2019 | $5,024 | $233,120 | $233,120 | $0 |
| 2018 | $4,986 | $225,600 | $225,600 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniela Solorzano
-
Michelle Salvetti
M
Buyer's Agent in 2024
Michelle Salvetti
United Real Estate
(972) 363-7060
1 in this area
11 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20654131
APN: R-11228-00A-0070-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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