NOT LISTED FOR SALE

Estimated Value: $3,455,000 - $5,896,117

2.94 Acres
$1,590,326 Price per Acre
128,066 Sq Ft Lot

Last Sold March 12, 2021

Current estimated payment $29,369/month

46 Days on Market

Highlights

  • 2.94 Acre Lot
  • Interior Lot
  • Large Grassy Backyard
  • Brinker Elementary School Rated A
  • Wrought Iron Fence

About This Lot

As of March 2021

The 1974 home originally on the property has been cleared away and this 2.94 acre idyllic, park-like residential lot is ready for your custom dream home! This prime location in the Plano school district has a peek-a-boo view of a private lake, and is surrounded by luxurious and stately homes. For the golf enthusiast, the property is within minutes of Gleneagles Country Club and The Clubs of Prestonwood - The Hills. Preston Road is also nearby with excellent venues for dining, shopping, and entertainment. It is a short commute to the Dallas North Tollway.

Last Agent to Sell the Property

Jan Richey

Keller Williams Legacy License #0324990 Listed on: 01/15/2021

Keller Williams Legacy

Co-Listed By

Rosa Collins

Christies Lone Star License #0498429

Last Buyer's Agent

Mansur Lalji

RE/MAX Premier License #0407185

RE/MAX Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,503

Lot Details

  • 2.94 Acre Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Interior Lot
  • Level Lot
  • Few Trees
  • Large Grassy Backyard

Schools

  • Brinker Elementary School
  • Renner Middle School
  • Shepton High School

Utilities

  • Septic Tank
  • Sewer Not Available

Community Details

  • El Ranchero Country Estates Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number R015800001401
  • $26,800 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$53,503

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed, Unknown Encumbrance(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: Chain Link, Wrought Iron
  • Soil Type: Unknown
  • Waterfront: No
  • RoadFrontageType: City Street

Garage/Parking

  • GarageYN: No

Utilities

  • Sewer: None
  • Utilities: All Weather Road, City Water, Concrete, Electricity Connected, Natural Gas Available, Septic, Sewer Not Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Zoned

Schools

  • School District: Plano ISD
  • Elementary School: Brinker
  • Middle School: Renner
  • High School: Shepton
  • School District: Plano ISD
  • Elementary School: Brinker
  • High School: Plano West
  • Senior High School: Plano West

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Few Trees, Interior Lot, Level, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 2.9400
  • Lot Size: TBV
  • Parcel Number: R015800001401
  • Lot Size Acres: 2.9400
  • Lot Size Sq Ft: 128066.4000
  • Subdivided: Yes
  • Zoning Description: Residential
  • Possible Use: Single Family
  • Present Use: Single Family
  • LandLeaseYN: No

Tax Info

  • Unexempt Taxes: 26800
  • Tax Lot: 14

MLS Schools

  • MiddleOrJuniorSchool: Renner
  • Middle School Name: Renner
  • Elementary School Name: Brinker
  • High School Name: Shepton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Speese Mark E and Speese Carolyn
Bought by
Mehrotra Rohit and Mehrotra Gigi
Current Estimated Value
$4,675,559

Purchase Details

Closed on
Sep 19, 2019
Sold by
Taylor Nicholas V and Taylor Anne Coolidge
Bought by
Speese Mark E and Speese Carolyn

Purchase Details

Closed on
Jan 30, 2007
Sold by
Sellers Kenneth W
Bought by
Taylor Nicholas and Taylor Anne Coolidge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mehrotra Rohit -- Chicago Title
Speese Mark E -- Lawyers Title
Taylor Nicholas -- Reunion Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehrotra Rohit $5,000,000
Previous Owner Taylor Nicholas V $1,879,500
Previous Owner Taylor Nicholas $1,879,500
Previous Owner Taylor Nicholas $1,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold -- -- --
03/02/2021 03/02/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $2,450,000 -- $280 / 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
2024 $53,503 $3,164,690 $2,352,000 $812,690
2023 $53,503 $2,000,000 $2,000,000 $0
2022 $33,710 $1,764,000 $1,764,000 $0
2021 $26,679 $1,323,000 $1,323,000 $0
2020 $27,012 $1,323,000 $1,323,000 $0
2015 $41,593 $2,000,000 $1,323,000 $677,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14500672

North Texas Real Estate Information Systems (NTREIS)

APN: R-0158-000-0140-1