NOT LISTED FOR SALE

Estimated Value: $720,000 - $2,514,634

6.42 Acres
$251,919 Price per Acre
279,655 Sq Ft Lot

Last Sold March 17, 2021

Current estimated payment $11,047/month

424 Days on Market

Highlights

  • Home fronts a creek
  • 6.42 Acre Lot
  • Agricultural Exemption
  • Scott Morgan Johnson Middle School Rated A-

About This Lot

As of March 2021

INVESTMENT OPPORTUNITY!!!!! The red alignment for the TXDOT 380 BYPASS project borders this property as well as the expansion of Lake Forest Drive into a 4 lane road. Located near the corner of Lake Forest Drive and CR 164 this 6.42 acre property has huge potential for future growth. This property is a great buy and hold investment and future development site as infrastructure continues expanding throughout the immediate area. Close proximity to US 75, HWY 380, Baylor, Scott & White Medical Center, McKinney North High School, and Raytheon. Three bedroom, two bath, updated home with guest quarters (1 bedroom and 1 bath) and separate entrance also included.

Last Agent to Sell the Property

Eric Glusing

Eric Glusing License #0586293 Listed on: 11/06/2019

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,029

Year Built

  • Built in 1999

Lot Details

  • 6.42 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Pipe Fencing
  • Wire Fence
  • Few Trees

Schools

  • Naomi Press Elementary School
  • Johnson Middle School
  • Mckinneyno High School

Farming

  • Agricultural Exemption

Utilities

  • Co-Op Electric
  • Septic Tank

Community Details

  • Bloomdale Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number R370200000601
  • $6,732 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$27,029

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Mobile Home
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: Other
  • Fencing: Chain Link, Pipe, Wire
  • Soil Type: Unknown
  • RoadFrontageType: County Road, FM Road

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: All Weather Road, Asphalt, City Water, Co-op Electric, Septic

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • School District: McKinney ISD
  • Elementary School: Naomi Press
  • Middle School: Johnson
  • High School: Mckinneyno
  • School District: McKinney ISD
  • Elementary School: Naomi Press
  • High School: Mckinneyno

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 5 to < 10 Acres
  • Lot Features: Acreage, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 6.4200
  • Parcel Number: R370200000601
  • Lot Size Acres: 6.4200
  • Lot Size Sq Ft: 279655.2000
  • Zoning Description: Residential
  • Possible Use: Commercial, Mixed Use, Other

Building Info

  • Year Built: 1999

Tax Info

  • Unexempt Taxes: 6732
  • Tax Lot: 6

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Johnson
  • Middle School Name: Johnson
  • Elementary School Name: Naomi Press
  • High School Name: Mckinneyno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Mar 18, 2021
Sold by
Patmore Charles Hanson
Bought by
All Storage Lake Forest 164 Llc
Seller's Agent
Eric Glusing
Eric Glusing
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$2,586,810
Current Estimated Value
$1,617,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.40%

Purchase Details

Listed on
Nov 6, 2019
Closed on
Mar 17, 2021
Sold by
Patmore Hanson and Patmore Charles
Bought by
All Storage Lake Forest 164 Llc
Seller's Agent
Eric Glusing
Eric Glusing
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$2,586,810

Purchase Details

Closed on
Sep 30, 2013
Sold by
Powell Paul H and Powell Lois M
Bought by
Patmore Charles Hanson and Patmore Shanna Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Hart Larry and Connally Doratha
Bought by
Powell Lois M and Powell Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,875
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1999
Sold by
Bloomdale Partners I Ltd
Bought by
Hart Larry and Connally Doratha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,260
Interest Rate
6.68%
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
All Storage Lake Forest 164 Llc -- None Listed On Document
All Storage Lake Forest 164 Llc -- None Available
Patmore Charles Hanson -- None Available
Powell Lois M -- None Available
Hart Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patmore Charles Hanson $450,000
Previous Owner Powell Paul H $256,875
Previous Owner Hart Larry $235,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold -- -- --
01/03/2021 01/03/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $2,586,810 0.0% $1,073 / Sq Ft
01/01/2021 01/01/21 Off Market -- -- --
11/07/2020 11/07/20 For Sale $2,586,810 0.0% $1,073 / Sq Ft
11/07/2020 11/07/20 Off Market -- -- --
11/06/2019 11/06/19 For Sale $2,586,810 -- $1,073 / 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 $27,029 $1,993,633 $1,993,033 $600
2023 $27,029 $1,860,864 $1,860,164 $700
2022 $28,779 $1,860,864 $1,860,164 $700
2021 $6,214 $614,687 $276,060 $338,627
2020 $6,417 $584,077 $256,800 $327,277
2019 $6,732 $363,496 $0 $0
2018 $6,951 $367,392 $0 $0
2017 $6,370 $552,886 $0 $0
2016 $5,917 $499,000 $0 $0
2015 $8,237 $470,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14222685

North Texas Real Estate Information Systems (NTREIS)

APN: R-3702-000-0060-1