NOT LISTED FOR SALE

401 Thompson Ln Lipan, TX 76462

Estimated Value: $260,000 - $376,000

2 Beds
1 Bath
1,260 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 26, 2021

Current estimated payment $2,068/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Traditional Architecture
  • Fire Pit
  • Brock Intermediate School Rated A-
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2021

MULTIPLE OFFERS RECEIVED. Due to the high level of interest the Seller has set a deadline to submit your highest and best offers by NOON Monday Mar 15th. Darling cottage in highly desirable Brock ISD. 2 bedroom 1 bath updated farmhouse featuring granite countertops and stainless appliances in kitchen. Open concept with vaulted ceiling with exposed beam. Full size utility room with built in cabinets. This country home also features a full size utility room with built in cabinets. Fenced and cross fenced on one acre with room for the horses. Enjoy the country with gorgeous views from the front porch and in the large backyard with a firepit.

Last Agent to Sell the Property

Stephen Reich

Williams Trew Real Estate License #0585089 Listed on: 03/12/2021

Williams Trew Real Estate

Co-Listed By

Tammy Rokus

Williams Trew Real Estate License #0611256

Last Buyer's Agent

Cassandra Knight

Citiwide Alliance Realty License #0690286

Citiwide Alliance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,460

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • Wire Fence
  • Few Trees
  • Large Grassy Backyard

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Schools

  • Brock Elementary And Middle School
  • Brock High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Water
  • Septic Tank
  • High Speed Internet

Additional Features

  • Fire Pit
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number R000072011
  • $2,297 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,460

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: None
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 183.33333
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Square Footage: 1260.00
  • Windows: Window Coverings
  • Interior Amenities: High Speed Internet Available
  • Flooring: Laminate, Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Plumbed for Ice Maker
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wire
  • Roof: Metal
  • Soil Type: Sandy Loam
  • Construction Materials: Siding
  • Exterior Features: Fire Pit
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: None
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: Co-op Water, Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Brock ISD
  • Elementary School: Brock
  • High School: Brock

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Few Trees, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 1.0000
  • Lot Size: TBV
  • Parcel Number: R000072011
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2009

Tax Info

  • Unexempt Taxes: 2297

MLS Schools

  • MiddleOrJuniorSchool: Brock
  • Middle School Name: Brock
  • Elementary School Name: Brock
  • High School Name: Brock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 26, 2021
Sold by
Olson Land And Cattle Llc
Bought by
Lindsay Lane E and Lindsay Quinn
Seller's Agent
Stephen Reich
Williams Trew Real Estate
Buyer's Agent
Cassandra Knight
Citiwide Alliance Realty
List Price
$225,000
Current Estimated Value
$321,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$157,410
Outstanding Balance
$142,542
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$178,729

Purchase Details

Closed on
Feb 28, 2020
Sold by
Syptak Paul E and Syptak Esther Stacy
Bought by
Olson Land And Cattle Llc

Purchase Details

Closed on
Feb 28, 2017
Sold by
Smith Charles W and Smith Marica M
Bought by
Syptak Paul E and Syptak Esther Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Combs Todd N
Bought by
Syptak Paul E and Esther Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,748
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Combs Todd N and Combs Nicole A
Bought by
Smith Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,748
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2000
Bought by
Syptak Paul E and Esther Stacy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lindsay Lane E -- Alamo Title Company
Olson Land And Cattle Llc -- Providence Title Company
Syptak Paul E -- None Available
Syptak Paul E -- --
Smith Charles W -- None Available
Syptak Paul E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsay Lane E $157,410
Previous Owner Syptak Paul E $64,000
Previous Owner Smith Charles W $56,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold -- -- --
03/12/2021 03/12/21 For Sale $225,000 -- $179 / 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 $4,460 $193,030 $65,000 $128,030
2024 $4,460 $309,020 $90,000 $219,020
2023 $4,460 $309,020 $90,000 $219,020
2022 $3,191 $157,160 $44,990 $112,170
2021 $2,853 $133,640 $44,990 $88,650
2020 $2,329 $107,590 $27,500 $80,090
2019 $1,995 $85,580 $27,500 $58,080
2018 $1,991 $85,050 $19,000 $66,050
2017 $1,819 $79,050 $13,000 $66,050
2016 $1,746 $75,910 $12,500 $63,410
2015 $1,724 $75,910 $12,500 $63,410
2014 $1,613 $70,300 $12,500 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14526098

North Texas Real Estate Information Systems (NTREIS)

APN: 20032-003-001-00