NOT LISTED FOR SALE

506 W Washington Ave Iowa Park, TX 76367

Estimated Value: $205,000 - $225,420

3 Beds
2 Baths
1,255 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 15, 2023

Current estimated payment $1,249/month

17 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Bradford Elementary School Rated A-
  • Covered Patio or Porch
  • 1 Car Attached Garage

About This Home

As of December 2023

Stunning New Construction in Iowa Park! Open floor plan offers vaulted ceilings, cedar wrapped beam, quartz countertops, island with butcher block, farmhouse sink, design fireplace w/cedar mantle, open shelving, classy barn doors & a separate utility room! Isolated master suite includes a GRAND W/I closet, a built in dresser, dual sinks & lockers. Extra custom touches with LPV flooring & a coffee bar! Fully foamed & energy efficient. Privacy fenced yard w/a covered porch. Agent related to Seller/builder.

Last Agent to Sell the Property

Fallon Snyder

RE/MAX ELITE GROUP License #0600299 Listed on: 11/01/2023

RE/MAX ELITE GROUP

Last Buyer's Agent

MIndy Schroeder

SOARING REALTY License #0716108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 50 x 141.83
  • Privacy Fence
  • Fenced

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,255 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Electric Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Built by CORNERSTONE BUILDING CO

Listing and Financial Details

  • Legal Lot and Block 4-C replat / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Style: One Story
  • Class: RESIDENTIAL
  • Type: Single Family
  • Ext Amenities: Double Pane Windows, Patio, Covered Patio, Fenced, Privacy, Fence (Other), Garage Door Opener, Covered Porch(es)
  • Full Three Quarter Bathrooms: 2
  • Internal Amenities: Garage Dr Opener, Washer Conn, Dryer Conn, Electric, Separate Utility Room, Vaulted Ceiling, Linen Closet, Walk-in Closet
  • Kitchen Feature: Microwave, Dishwasher, Disposal, Vent-A-Hood, Pantry, Free-Stand Range/Oven, Center Island, Breakfast Bar, Electric Cooktop, Electric Oven, 1182
  • Legal Addition: TEXAS
  • Legal Block: 3
  • Legal Lot: 4-C replat
  • Living Areas: One
  • Lvt Date: 11/01/2023
  • Square Foot Range: 1250-1499 SqFt
  • Year Built: 2023
  • Zoning District: Single Family Res
  • Lot Size2: 50 X 141.83
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Eating Areas: Breakfast Area
  • Floor Covering: Tile, 1181
  • Price Per Sq Ft: 163.17
  • Fireplace: Yes, Living Room, Electric Fireplace
  • Estimated Sq Ft: 1255
  • Bedrooms: 3
  • Extra Rooms: Isolated Bedroom

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • New Construction: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Capacity: 1

Utilities

  • Air Conditioner: Central Electric
  • Heating: Central Electric
  • Utilities: Public Water, Public Sewer, Total Electric

Schools

  • School District: IPISD

Lot Info

  • Flood Plain: Not Flood Plain
  • Lot Size: 0.5 Acres or Less

Building Info

  • Builder Name: CORNERSTONE BUILDING CO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 15, 2023
Sold by
Cornerstone Building Company
Bought by
Flores Oscar A Ramos
Seller's Agent
Fallon Snyder
RE/MAX ELITE GROUP
Buyer's Agent
MIndy Schroeder
SOARING REALTY
List Price
$199,777
Views
97
Current Estimated Value
$215,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$201,067
Outstanding Balance
$198,214
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$11,715

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 12, 2023
Sold by
Cornerstone Building Company and 4Everi Llc
Bought by
Flores Oscar A Ramos
Seller's Agent
Fallon Snyder
RE/MAX ELITE GROUP
Buyer's Agent
MIndy Schroeder
SOARING REALTY
List Price
$199,777
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,067
Outstanding Balance
$198,214
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$11,715

Purchase Details

Listed on
Nov 1, 2023
Closed on
Nov 22, 2023
Sold by
Cornerstone Building Co
Bought by
Ortiz Rosa
Seller's Agent
Fallon Snyder
RE/MAX ELITE GROUP
Buyer's Agent
MIndy Schroeder
SOARING REALTY
List Price
$199,777
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,067
Outstanding Balance
$198,214
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$11,715

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 15, 2022
Sold by
Brewster Dwayne
Bought by
Cornerstone Building Company
Seller's Agent
Fallon Snyder
RE/MAX ELITE GROUP
Buyer's Agent
Fallon Snyder
RE/MAX ELITE GROUP
List Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
830.80%
Original Mortgage
$254,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 1, 2022
Sold by
Brewster Joshua
Bought by
Brewster Dwayne
Seller's Agent
Fallon Snyder
RE/MAX ELITE GROUP
Buyer's Agent
Fallon Snyder
RE/MAX ELITE GROUP
List Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Flores Oscar A Ramos -- None Listed On Document
Flores Oscar A Ramos -- None Listed On Document
Ortiz Rosa -- None Listed On Document
Cornerstone Building Company -- --
Brewster Dwayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Oscar A Ramos $201,067
Closed Flores Oscar A Ramos $201,067
Closed Ortiz Rosa $142,223
Previous Owner Cornerstone Building Company $254,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold -- -- --
11/18/2023 11/18/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $199,777 +808.1% $159 / Sq Ft
12/15/2022 12/15/22 Sold -- -- --
09/28/2022 09/28/22 For Sale $22,000 -- --
09/27/2022 09/27/22 Pending -- -- --
Source: Wichita Falls 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
2025 $1,032 $207,020 $9,514 $197,506
2024 $4,535 $196,937 $5,822 $191,115
2023 $357 $15,246 $11,502 $3,744
2022 $237 $9,396 $7,668 $1,728
2021 $265 $9,396 $7,668 $1,728
2020 $269 $9,396 $7,668 $1,728
2019 $258 $9,396 $7,668 $1,728
2018 $105 $15,940 $7,668 $8,272
2017 $426 $15,814 $7,668 $8,146
2016 $431 $15,964 $7,668 $8,296
2015 $235 $15,721 $7,668 $8,053
2014 $235 $15,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wichita Falls Association of REALTORS®

MLS Number: 171092

Wichita Falls Association of REALTORS®

APN: 116128