NOT LISTED FOR SALE

507 Old Mill Ln Point, TX 75472

Estimated Value: $390,000 - $618,858

3 Beds
2 Baths
2,180 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 12, 2023

Current estimated payment $3,075/month

Highlights

  • Docks
  • Lake View
  • Traditional Architecture
  • Rains Elementary School Rated A-
  • Waterfront
  • 2 Fireplaces

About This Home

As of November 2023

BUYERS CONTINGENCY CONTRACT FELL THROUGH! STUNNING WATERFRONT HOME ON LAKE TAWAKONI! House maximizes lake views wherever possible! 2nd floor is the master suite with an office, bathroom & 2nd utility room, coffee bar & mini frig & uniquely made out of reclaimed wood from a vintage railroad car, fireplace, & balcony with lake view! Downstairs has a large open kitchen, living & dining room with 2 bedrooms & 1 bath plus additional utility room. The lakeside living room provides the perfect escape with large windows overlooking the lake, mature trees & stay warm by the fireplace during the winter months. Open modern kitchen has everything you need with granite counters, oven with warmer drawer, farm house sink, stainless steel appliances & kitchen island. Room for all the toys in the 4 car attached garage plus garage with carport. Property is fenced with automatic gate. Boat ramp nearby! Boat dock, 8 foot walk way to drive golf cart all the way to your boat! Roof replaced in March 2023!

Last Agent to Sell the Property

Kathy Hobbs

Exit Realty Pinnacle Group Brokerage Phone: 903-356-4700 License #0417256 Listed on: 11/09/2023

Exit Realty Pinnacle Group

Last Buyer's Agent

Tony Butcher

1st Choice Realty License #0573613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 2005

Lot Details

  • 7,884 Sq Ft Lot
  • Waterfront
  • Gated Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Sprinkler System
  • Few Trees

Parking

  • 4 Car Attached Garage
  • 1 Carport Space
  • Side Facing Garage
  • Electric Gate

Home Design

  • Traditional Architecture
  • Lake House
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Decorative Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Concrete Flooring
  • Lake Views
  • Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Docks
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Rains Elementary And Middle School
  • Rains High School

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Whispering Oaks Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number R9423
  • $5,153 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,881

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Lake House, Single Detached, Vacation Home
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 903-356-4700
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 2180.00
  • Fireplace Features: Electric, Wood Burning
  • Interior Amenities: Decorative Lighting, Dry Bar, Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Flooring: Concrete
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Warming Drawer
  • Basement YN: Yes
  • Fireplaces: 2
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link, Gate, Wrought Iron
  • Roof: Composition
  • Construction Materials: Rock/Stone, Vinyl Siding
  • Exterior Features: Balcony, Covered Patio/Porch, Dock, Storage

Garage/Parking

  • Cooling System: Central Air, Zoned
  • Garage Spaces: 4
  • Carport Spaces: 1
  • Total Covered Spaces: 7
  • Parking Features: Concrete, Electric Gate, Garage, Garage Faces Side, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Electric, Zoned
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Rains ISD
  • Elementary School: Rains
  • High School: Rains
  • School District: Rains ISD
  • Elementary School: Rains
  • Intermediate School: Rains
  • Junior High School: Rains

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Sprinkler System, Subdivision, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.1810
  • Parcel Number: R9423
  • Lot Size Acres: 0.1810
  • Lot Size Sq Ft: 7884.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005

Tax Info

  • Unexempt Taxes: 5153
  • Tax Lot: 2

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front – Main Body, Retaining Wall – Steel

MLS Schools

  • Elementary School Name: Rains
  • High School Name: Rains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Oct 6, 2023
Sold by
Seymour Sandra Kay and Seymour Paul
Bought by
Vanburt Justin and Burt Cattlin Larelle
Seller's Agent
Kathy Hobbs
Exit Realty Pinnacle Group
Buyer's Agent
Tony Butcher
1st Choice Realty
List Price
$625,000
Current Estimated Value
$490,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.65%
Original Mortgage
$480,290
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2016
Sold by
Seymour Jon and Seymur John
Bought by
Seymour Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
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
Vanburt Justin -- Money Law & Title
Seymour Wesley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanburt Justin $484,270
Closed Vanburt Justin $480,290
Previous Owner Seymour Wesley $126,000
Previous Owner Seymour Sandra Kay $5,677
Previous Owner Seymour Sandra Kay $8,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2023 11/12/23 Sold -- -- --
11/09/2023 11/09/23 For Sale $625,000 -- $287 / 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 $4,881 $345,942 $66,501 $279,441
2023 $4,881 $272,158 $0 $0
2022 $5,287 $263,026 $51,752 $211,274
2021 $5,507 $229,184 $36,007 $193,177
2020 $5,656 $226,225 $32,262 $193,963
2019 $5,462 $212,819 $32,262 $180,557
2018 $4,920 $192,527 $32,262 $160,265
2017 $4,776 $184,061 $31,272 $152,789
2016 $4,120 $158,795 $31,272 $127,523
2015 -- $159,991 $31,272 $128,719
2014 -- $151,998 $31,272 $120,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20473543

North Texas Real Estate Information Systems (NTREIS)

APN: R9423