NOT LISTED FOR SALE

505 Burbank Ln Little Elm, TX 75068

Estimated Value: $455,857 - $640,000

4 Beds
3 Baths
3,279 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 505 Burbank Ln, Little Elm, TX 75068 and is currently estimated at $524,464, approximately $159 per square foot. 505 Burbank Ln is a home with nearby schools including Union Park Elementary School and Ray E Braswell High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Lennar Hm/Tx Sales & Marketing L
Bought by
Vempati Sridhar Reddy and Konda Anusha Reddy
Current Estimated Value
$524,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,699
Outstanding Balance
$336,503
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$180,822
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Vempati Sridhar Reddy -- Lennar Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vempati Sridhar Reddy $392,699
Source: Public Records

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 $9,362 $493,900 $93,654 $402,346
2024 $10,528 $449,000 $93,654 $355,346
2023 $9,659 $461,000 $93,654 $367,346
2022 $1,680 $65,558 $65,558 $0
Source: Public Records

Map

Texas Denton County Little Elm 75068

505 Burbank Ln, Little Elm, TX

This home is located at 505 Burbank Ln, Little Elm, TX 75068 and is currently estimated at $524,464, approximately $159 per square foot. 505 Burbank Ln is a home with nearby schools including Union Park Elementary School and Ray E Braswell High 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.

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