NOT LISTED FOR SALE

2537 Erec Dr the Colony, TX 75056

Castle Hills Neighborhood

Estimated Value: $711,000 - $738,031

5 Beds
4 Baths
3,473 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 10, 2021

Current estimated payment $4,910/month

8 Days on Market

Highlights

  • Security System Owned
  • Ceramic Tile Flooring
  • 2 Car Garage
  • Independence Elementary School Rated A
  • Central Heating

About This Home

As of September 2021

Built in 2012, this Lewisville two-story home offers granite countertops, and a two-car garage.

Last Agent to Sell the Property

Feras Rachid

Ready Real Estate License #0675842 Listed on: 08/05/2021

Ready Real Estate

Last Buyer's Agent

Mathew Samuel

Beam Real Estate, LLC License #0640517

Beam Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,551

Year Built

  • Built in 2012

Lot Details

  • 6,752

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,473 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Security System Owned
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Independence Elementary School
  • Killian Middle School
  • Hebron High School

Additional Features

  • 6,752 Sq Ft Lot
  • Central Heating

Community Details

  • Bright Realty, Llc HOA, Phone Number (972) 410-6614
  • Castle Hills Ph Vi Sec D Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 1R / H
  • Assessor Parcel Number R620950
  • $9,369 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,551

Year Built

Built in 2012

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Security System Owned
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 167.00259
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Square Footage: 3473.00
  • Fireplace Features: Gas Starter
  • Interior Amenities: Other
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Microwave
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Other
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Other
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Other
  • Utilities: City Water

Condo/Co-op/Association

  • Association Fee: 860
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Bright Realty, LLC
  • HOA Management Company: 9724106614

Schools

  • School District: Lewisville ISD
  • Elementary School: Independence
  • Middle School: Killian
  • High School: Hebron
  • School District: Lewisville ISD
  • Elementary School: Independence
  • High School: Hebron

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1550
  • Parcel Number: R620950
  • Lot Size Acres: 0.1550
  • Lot Size Sq Ft: 6751.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2012

Tax Info

  • Unexempt Taxes: 9369
  • TaxBlock: H
  • Tax Lot: 1R

MLS Schools

  • MiddleOrJuniorSchool: Killian
  • Middle School Name: Killian
  • Elementary School Name: Independence
  • High School Name: Hebron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 10, 2021
Sold by
Opendoor Property Trust I
Bought by
Philip Thomas Joboy and Thomas Salomy
Seller's Agent
Feras Rachid
Ready Real Estate
Buyer's Agent
Mathew Samuel
Beam Real Estate, LLC
List Price
$585,000
Current Estimated Value
$728,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$517,275
Outstanding Balance
$475,782
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$257,185

Purchase Details

Closed on
Sep 28, 2012
Sold by
Weekley Homes Llc
Bought by
Fakouri Farzad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,576
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Ch Ph 6 Llc
Bought by
Weekley Homes Llc
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
Philip Thomas Joboy -- Odtx
Fakouri Farzad -- Ptc
Weekley Homes Llc -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philip Thomas Joboy $517,275
Previous Owner Fakouri Farzad $102,900
Previous Owner Fakouri Farzad $317,576
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold -- -- --
08/13/2021 08/13/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $585,000 -- $168 / 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 $10,551 $669,000 $164,049 $504,951
2024 $11,682 $676,000 $164,049 $511,951
2023 $9,585 $617,075 $164,049 $535,951
2022 $10,645 $560,977 $90,566 $470,411
2021 $9,775 $481,000 $90,566 $390,434
2020 $9,694 $461,000 $90,566 $370,434
2019 $11,071 $480,700 $90,566 $395,095
2018 $11,210 $437,000 $90,566 $346,434
2017 $10,858 $410,000 $76,894 $333,106
2016 $9,789 $400,000 $76,894 $323,106
2015 $9,750 $385,000 $76,894 $308,106
2013 -- $345,497 $76,894 $268,603
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Feras Rachid

    Ready Real Estate

    Feras Rachid
    Section Image
  • Mathew Samuel

    Buyer's Agent in 2021

    Mathew Samuel

    Beam Real Estate, LLC

    (469) 258-8118

    2 in this area

    92 Total Sales

    Mathew Samuel
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14643398

North Texas Real Estate Information Systems (NTREIS)

APN: R620950

Texas Denton County The Colony 75056 Castle Hills

2537 Erec Dr, The Colony, TX

This home is located at 2537 Erec Dr, the Colony, TX 75056 since 05 August 2021 and is currently estimated at $728,008, approximately $209 per square foot. This property was built in 2012. 2537 Erec Dr is a home located in Denton County with nearby schools including Independence Elementary School, Killian Middle School, and Hebron High School.

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.

North Texas Real Estate Information Systems (NTREIS) 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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