NOT LISTED FOR SALE

387 Cortez Trail Buchanan Dam, TX 78609

Buchanan Lake Neighborhood

Estimated Value: $278,000 - $330,000

1 Bed
1 Bath
975 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 20, 2023

Current estimated payment $1,890/month

415 Days on Market

Highlights

  • Detached Guest House
  • Fish Pond
  • 5.2 Acre Lot
  • Horses Allowed On Property
  • Views of Hill Country
  • Separate Outdoor Workshop

About This Home

As of July 2023

Giant Oak Trees and two stock tanks are the signature characteristics of this unrestricted 5.22 Acres. The property has 2 fixer upper houses and other sheds that can be repaired or removed, but property can best be used for a RV park, Mobile home park, Storage units, Multi-Family Units, Single Family Homes, Tiny houses. One of the stock tanks is kept with water from a well and is stocked with fish. Community water is available at the street. The property partially fenced and cross fenced and backs up to a large ranch. Abundant wildlife come to the pond include deer, turkey, ducks, and all kinds of birds.

Last Agent to Sell the Property

Ronald Petrick

Lake-Land Realty Hill Country License #0558962 Listed on: 04/19/2022

Last Buyer's Agent

Non Member

HLAOR Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,208

Year Built

  • Built in 1975

Lot Details

  • 5.2 Acre Lot
  • Lot Dimensions are 728 x 344 x473 x130 x 250
  • Property fronts a county road
  • Partially Fenced Property
  • Barbed Wire

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Views of Hill Country
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Fish Pond
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Well
  • Septic Tank

Additional Features

  • Detached Guest House
  • Horses Allowed On Property

Community Details

  • Deer Hills Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 013007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,208

Year Built

Built in 1975

Lot Details

0

Listing Details

  • View: Hill Country
  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road, Paved Road
  • Co List Office Mls Id: HLM552
  • Subdivision Name: Deer Hills
  • Directions: From Hwy 29 West at Buchanan Dam, turn right on Old Spanish Trail that travel 1.7 miles then into Cortez. See sign at entrance.
  • Architectural Style: Fixer-Handyman Special
  • Year Built: 1975
  • HLM_Exterior: Concrete Block,Wood
  • HLM_GarageCarport: 1 Car Carport
  • HLM_ShortTermRentalAllowed: YES
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 2
  • HLM_GolfCourseLot: No
  • HLM_AgExempt: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Exterior Features: Barn(s), Enclosed Porch, Fish Pond, Open Concrete Areas, Patio - Open, Stock Tank, Storage Building, Workshop, Horses Permitted, Separate Guest House
  • Roof: Composition
  • Fencing: Barbed Wire, Partial
  • Acres: 5.2
  • Construction Type: Concrete Block
  • Foundation Details: Slab

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Heating: Space Heater
  • Water Source: Well

Schools

  • Junior High Dist: Burnet

Lot Info

  • Lot Dimensions: 728 x 344 x473 x130 x 250
  • Lot Size Sq Ft: 217364
  • Parcel #: 013007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 20, 2023
Sold by
Janice E Cockroft Living Trust
Bought by
Gonzales Fermin Cortez and Cortez Cristian G
Seller's Agent
Ronald Petrick
Lake-Land Realty Hill Country
Buyer's Agent
Non Member
HLAOR Non Member Office
List Price
$545,000
Views
94
Current Estimated Value
$298,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$180,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2017
Sold by
Cockroft Janice E
Bought by
Cockroft Janice E and Cockroft Rosvita
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
Gonzales Fermin Cortez -- Highland Lakes Title
Cockroft Janice E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Cristian G $168,000
Closed Gonzales Fermin Cortez $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold -- -- --
04/22/2023 04/22/23 Price Changed $300,000 -11.5% $308 / Sq Ft
01/19/2023 01/19/23 Price Changed $339,000 -1.7% $348 / Sq Ft
01/06/2023 01/06/23 Price Changed $345,000 -6.5% $354 / Sq Ft
11/11/2022 11/11/22 Price Changed $369,000 -6.6% $378 / Sq Ft
07/23/2022 07/23/22 Price Changed $395,000 -20.8% $405 / Sq Ft
05/26/2022 05/26/22 Price Changed $499,000 -8.4% $512 / Sq Ft
04/18/2022 04/18/22 For Sale $545,000 -- $559 / Sq Ft
Source: Highland Lakes Association of REALTORS®

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 $3,208 $248,560 $93,320 $155,240
2023 $1,373 $99,725 $50,565 $49,160
2022 $1,232 $91,190 $50,565 $40,625
2021 $1,098 $74,720 $38,995 $35,725
2020 $1,157 $75,690 $37,395 $38,295
2019 $1,171 $74,280 $37,395 $36,885
2018 $1,023 $63,440 $32,050 $31,390
2017 $1,927 $116,450 $61,430 $55,020
2016 $1,570 $94,886 $61,430 $54,270
2015 -- $86,260 $42,910 $43,350
2014 -- $79,295 $42,910 $42,780
Source: Public Records

Agents Affiliated with this Home

  • Ronald Petrick

    Seller's Agent in 2023

    Ronald Petrick

    Lake-Land Realty Hill Country

    (512) 417-2120

    28 in this area

    41 Total Sales

    Ronald Petrick
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    HLAOR Non Member Office

    (830) 693-5787

    147 in this area

    2,665 Total Sales

    Non Member
    Section Image
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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM159790

Highland Lakes Association of REALTORS®

APN: 13007

Texas Llano County Buchanan Dam 78609 Buchanan Lake

387 Cortez Trail, Buchanan Dam, TX

This home is located at 387 Cortez Trail, Buchanan Dam, TX 78609 since 19 April 2022 and is currently estimated at $298,442, approximately $306 per square foot. This property was built in 1975. 387 Cortez Trail is a home located in Llano County with nearby schools including Shady Grove Elementary School, RJ Richey Elementary School, and Burnet Middle 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.

Highland Lakes Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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