NOT LISTED FOR SALE

261 Oak Hill Dr Roanoke, TX 76262

Estimated Value: $990,000 - $1,186,292

5 Beds
3 Baths
2,720 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 10, 2023

Current estimated payment $7,068/month

15 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Lakeview Elementary School Rated A
  • Living Room with Fireplace
  • Covered Patio or Porch

About This Home

As of April 2023

This unique waterfront property is a dream in the making, although it needs some work, it sits on a big lot with beautiful mature trees.
Schools in this area are highly sought out and have one of the highest ratings in North Dallas.
Breath taking views from any where outside, balcony, porch and the large back yard.

Roof is in great condition.
Electric, plumbing , water heaters and fire place are in good condition
Windows and doors are all sloid.
Foundation is pretty good throughout the house, only area that needs attention is the game room above the garage.
HVAC works but is pretty old so you would probably need a new one.
Bathrooms are older.
New carpets needed, and would probably look better with new flooring.
A new coat of paint would go along way.
Kitchen would need some updates, and maybe opening the wall between kitchen and living space to modernize the vibe.
Some landscaping and brick work would make the outside a perfect spot year round.

Last Agent to Sell the Property

Nir Sheinbein

Texas Ally Real Estate Group License #0795672 Listed on: 01/27/2023

Texas Ally Real Estate Group

Last Buyer's Agent

Lindsey Blackburn

Keller Williams Realty DPR License #0791913

Keller Williams Realty DPR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,258

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Lake Front

Parking

  • 2-Car Garage with one garage door
  • Drive Through
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Dry Bar
  • Ceiling Fan
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Built-In Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Lake Pump
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Lakeview Elementary School
  • Medlin Middle School
  • James M Steele Accelerated High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3,364 Sq Ft Building
  • Trophy Club Oak Hill Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number R70276
  • $9,077 per year unexempt tax

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,258

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One and One Half
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 35000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: Yes
  • Ratio Current Price By Building: 172.11653
  • Attribution Contact: 512-249-7368
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Windows: Bay Window(s)
  • Fireplace Features: Den, Living Room
  • Interior Amenities: Built-in Features, Double Vanity, Dry Bar, Eat-in Kitchen
  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-in Gas Range, Dishwasher, Electric Oven, Gas Cooktop, Gas Oven
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Asphalt, Composition
  • Construction Materials: Stone Veneer, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Gas
  • Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: 2-Car Single Doors, Drive Through, Driveway
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Concrete, Electricity Connected, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Northwest ISD
  • Elementary School: Lakeview
  • Middle School: Medlin
  • High School: James M Steele Accelerated
  • School District: Northwest ISD
  • Elementary School: Lakeview

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.3940
  • Parcel Number: R70276
  • Lot Size Acres: 0.3940
  • Lot Size Sq Ft: 17162.6400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1979
  • Units Total: 1
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 15000.00
  • Gross Annual Income: 50000.00
  • Insurance Expense: 3000
  • WaterfrontFeatures: Lake Front

Tax Info

  • Unexempt Taxes: 9077
  • Tax Lot: 43

MLS Schools

  • Middle School Name: Medlin
  • Elementary School Name: Lakeview
  • High School Name: James M Steele Accelerated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Apr 10, 2023
Sold by
Rowe Christopher
Bought by
261 Oak Hill Llc
Seller's Agent
Nir Sheinbein
Texas Ally Real Estate Group
Buyer's Agent
Lindsey Blackburn
Keller Williams Realty DPR
List Price
$599,000
Views
88
Current Estimated Value
$1,025,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.18%
Original Mortgage
$1,392,000
Outstanding Balance
$1,317,416
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$264,093

Purchase Details

Closed on
Sep 15, 2022
Sold by
Cooke John R and Cooke Caroline A
Bought by
Sheinbein Nir

Purchase Details

Closed on
Apr 11, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Cooke John R and Cooke Caroline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 2005
Sold by
Burger Steve and Mila Inc
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital Inc Trust 200

Purchase Details

Closed on
Feb 23, 2004
Sold by
Strung Michael G and Strung Donna J Wallace
Bought by
Burger Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,700
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1998
Sold by
Puskar Ross Edward and Puskar Judith Ann
Bought by
Strung Michael G and Wallace Strung Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
7.18%
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
261 Oak Hill Llc -- Simplified Title
Sheinbein Nir -- --
Cooke John R -- Fnt
Deutsche Bank National Trust Co $251,096 --
Burger Steve -- --
Strung Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 261 Oak Hill Llc $351,802
Open 261 Oak Hill Llc $1,392,000
Previous Owner Cooke John R $288,000
Previous Owner Cooke John R $260,000
Previous Owner Cooke John R $190,000
Previous Owner Burger Steve $222,700
Previous Owner Strung Michael G $152,800
Closed Strung Michael G $19,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold -- -- --
02/11/2023 02/11/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $599,000 0.0% $220 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $599,000 -- $220 / 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 $18,258 $1,122,734 $318,870 $803,864
2024 $18,258 $1,023,594 $318,870 $704,724
2023 $12,745 $724,557 $435,789 $288,768
2022 $9,077 $449,755 $170,064 $287,373
2021 $9,181 $408,868 $139,506 $269,362
2020 $9,130 $414,167 $139,506 $274,661
2019 $9,469 $415,619 $139,506 $276,113
2018 $8,931 $388,385 $129,542 $258,843
2017 $9,022 $392,074 $129,542 $262,532
2016 $8,209 $356,730 $119,577 $237,153
2015 $5,068 $337,075 $119,577 $217,498
2014 $5,068 $311,039 $119,577 $191,462
2013 -- $298,750 $119,577 $179,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20247884

North Texas Real Estate Information Systems (NTREIS)

APN: R70276