NOT LISTED FOR SALE

5034 Corbin Rd Denton, TX 76207

11.58 Acres
-- Price per Acre
504,425 Sq Ft Lot

Last Sold June 03, 2024

270 Days on Market

About This Lot

As of June 2024

Owner Financing Available! Ask agent for details. 11.58 Acres zoned Industrial. Flood plain on property. Majority is cleared of trees. Creek on the backside.

Last Agent to Sell the Property

Ben Zamora

Faro Real Estate, LLC Brokerage Phone: 214-267-8445 License #0663697 Listed on: 08/09/2023

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,151

Lot Details

  • 11.58 Acre Lot
  • Cleared Lot
  • 2 Lots in the community
  • Zoning described as Zoned Industrial. Flood Plain on property

Schools

  • Borman Elementary School
  • Mcmath Middle School
  • Denton High School

Community Details

  • Dougherty Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / C
  • Assessor Parcel Number R142091
  • $1,120 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$43,151

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Other
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 214-267-8445
  • Special Features: None

Exterior Features

  • Easements: Drainage, Electric, Other

Utilities

  • Utilities: Asphalt, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Zoned

Schools

  • School District: Denton ISD
  • Elementary School: Borman

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Cleared
  • Lot Size Units: Acres
  • Lots Sold Package: 2
  • Lot Size Area: 11.5800
  • Parcel Number: R142091
  • Lot Size Acres: 11.5800
  • Lot Size Sq Ft: 504424.8000
  • Assessor Parcel Number 2: R41530
  • Zoning Description: Zoned Industrial. Flood Plain on property
  • Present Use: Agricultural, Commercial

Multi Family

  • Number Of Lots: 2

Tax Info

  • Unexempt Taxes: 1120
  • TaxBlock: C
  • Tax Lot: 7

MLS Schools

  • Middle School Name: Mcmath
  • Elementary School Name: Borman
  • High School Name: Denton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Corbin Realty Ii Lp
Bought by
Trinity River 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,670,000
Outstanding Balance
$38,260,234
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Trinity River 1 Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinity River 1 Llc $38,670,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold -- -- --
05/06/2024 05/06/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $500,000 0.0% --
01/22/2024 01/22/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $500,000 -5.3% --
08/09/2023 08/09/23 For Sale $528,000 -- --
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 $43,151 $3,706,483 $1,397,405 $2,309,078
2024 $43,151 $2,235,600 $0 $0
2023 $35,572 $1,863,000 $1,397,405 $465,595
2022 $38,211 $1,800,000 $1,397,405 $402,595
2021 $38,742 $1,742,743 $698,702 $1,044,041
2020 $39,834 $1,742,743 $698,702 $1,044,041
2019 $37,202 $1,559,145 $698,702 $860,443
2018 $36,439 $1,508,428 $698,702 $809,726
2017 $33,612 $1,359,855 $698,702 $661,153
2016 $32,786 $1,326,447 $698,702 $627,745
2015 -- $1,325,224 $698,702 $626,522
2013 -- $1,267,533 $349,351 $918,182
Source: Public Records

Agents Affiliated with this Home

  • Ben Zamora

    Seller's Agent in 2024

    Ben Zamora

    Faro Real Estate, LLC

    (214) 267-8445

    21 Total Sales

    Ben Zamora
    Section Image

  • N

    Buyer's Agent in 2024

    Non-NTREIS MLS Licensee

    NON MLS

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20403052

North Texas Real Estate Information Systems (NTREIS)

APN: R556611

Texas Denton County Denton 76207

5034 Corbin Rd, Denton, TX

Not Listed for Sale

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