NOT LISTED FOR SALE

5108 Buchanan Loop Rd Texarkana, TX 75501

Estimated Value: $251,000 - $523,000

3 Beds
2 Baths
2,284 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 11, 2023

Current estimated payment $2,555/month

113 Days on Market

Highlights

  • Docks
  • RV or Boat Parking
  • 10.31 Acre Lot
  • Lake On Lot
  • Wind Turbine Power
  • Pond

About This Home

As of January 2023

You won't find a more meticulously kept home place. I truly can't put in to words everything this property encompasses. The ranch style home has 3 bedrooms, 2 bathrooms, 3 living areas and a large working kitchen with multiple appliances, sinks, and ample counterspace. There is also a "craft space" and generous laundry area. The grounds itself are kept neater than a state park with over 10 acres of beauty! There is a brick, heated and cooled, work shop with an office, bathroom, roll up door, and all of the built in storage you could imagine. As if that isn't enough, there is a large insulated shop with 2 garage doors, bathroom, and full electric. OH..and a barn towards the back that is also in good shape. Tons of concrete space for parking, gorgeous pond with fountain and a state of the art sea wall, raised beds with their own irrigation and a "garden shed" close by for easy access to your tools! There is even a covered picnic area... truly this is a home to create memories in!

Last Agent to Sell the Property

Ashley Sparks

Goodman Group Realty License #AR SA00078080 TX 656846 Listed on: 08/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,359

Year Built

  • Built in 1962

Lot Details

  • 10.31 Acre Lot
  • Barbed Wire
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Utility Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Indoor Grill
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Detached Garage
  • 2 Attached Carport Spaces
  • Front Facing Garage
  • Driveway
  • RV or Boat Parking
  • Golf Cart Garage

Eco-Friendly Details

  • Wind Turbine Power

Outdoor Features

  • Docks
  • Pond
  • Lake On Lot
  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Municipal Utilities District
  • Well
  • Electric Water Heater
  • Conventional Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 50643

Community Details

Overview

  • No Home Owners Association
  • Legal In Agent Remarks Subdivision

Amenities

  • Workshop Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,359

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Age: 51-75 Yrs
  • Floors: Carpet, Ceramic Tile, Vinyl Tile
  • Latent Defects: None Disclosed
  • Number Of Levels: 1 Story
  • Price Per Sq Ft: 207.68
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Microwave, Cook Top Electric, Double Oven, Built In, Self Cleaning Oven, Oven Electric, Indoor Grill/Vent, Dishwasher, Trash Compactor, Vent-a-Hood Vented, Ice Maker Connection, Island
  • Number Of Fireplaces: 1
  • Fireplace Present: Yes
  • Interior Amenities: Pre-Wired TV Cable, Pre-Wired Phone
  • Fireplaces: Gas Log-Vented
  • Bathroom Description: Shower Only
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Sq Ft Range: 2001-2500
  • Estimated Heated Cooled Sq Ft: 2284
  • Dining Area: Breakfast & Formal
  • Living Area: Three Living

Exterior Features

  • Exterior Amenities: Covered Patio, Sprinkler System, Storage, Out Building, Dock/Pier, Pond/Lake
  • Fences: Barb Wire
  • Outbuildings: Storage Buildings, Metal Storage Buildings, Workshop
  • Roof: Composition
  • Style: Traditional

Garage/Parking

  • Driveway: Concrete
  • Garage: Boat Storage, Detached, Front Entry, Golf Cart Storage, Workshop Area
  • Parking Capacity: 2 Car Carport Attached
  • Parking Type: Attached, Carport, Detached, Front Entry, Golf Cart Space, Parking Pad, Rear/Side Entry

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Utilities: Electric-Bowie-Cass, Gas-Butane-Propane, Conventional Septic, Well, Municipal Utility Dist, High Speed Internet Avail
  • Utility Laundry: Dryer Electric, Inside Room, Washer Connection
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Fee: No

Schools

  • School District: Liberty Eylau
  • School District: Liberty Eylau

Lot Info

  • Estimated Lot Size: 10-15
  • Estimated Number of Acres: 10.31
  • Geo Address Line: 5108 Buchanan Loop Rd
  • Geo Longitude: -94.117847
  • Geo Primary City: Texarkana
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • Lot Number: ---------
  • Lot Features: Lake/Pond

Green Features

  • Energy Efficient: Ceiling Fan, Wind Turbine

Building Info

  • Construction: Brick, Slab
  • Year Built: 1962

Tax Info

  • Current Taxes Per Year: 4354
  • Assessor Parcel Number: 50643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Jan 11, 2023
Sold by
Monty And Patricia Latham Living Trust
Bought by
Eiland Kelly and Eiland Robert
Seller's Agent
Ashley Sparks
Goodman Group Realty
List Price
$525,000
Views
72
Current Estimated Value
$356,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.70%
Original Mortgage
$182,240
Outstanding Balance
$177,455
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$116,937

Purchase Details

Closed on
Jan 16, 2020
Sold by
Ray Monty Latham and Latham Patricia Helen
Bought by
Latham Monty Ray and Latham Patricia Helen
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
Eiland Kelly -- Capital Title
Latham Monty Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eiland Kelly $52,500
Open Eiland Kelly $182,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold -- -- --
12/07/2022 12/07/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $475,000 -9.5% $208 / Sq Ft
08/16/2022 08/16/22 For Sale $525,000 -- $230 / Sq Ft
Source: Texarkana Board 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
2024 $7,359 $498,234 $83,184 $415,050
2023 $4,308 $288,301 $0 $0
2022 $0 $383,269 $78,052 $305,217
2021 $4,365 $238,265 $59,476 $178,789
2020 $4,262 $230,876 $59,476 $171,400
2019 $4,348 $223,851 $59,476 $164,375
2018 $4,003 $206,058 $47,080 $158,978
2017 $3,936 $203,414 $47,080 $156,334
2016 $3,926 $202,914 $46,580 $156,334
2015 $2,367 $201,610 $46,580 $155,030
2014 $2,367 $200,207 $46,580 $153,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Texarkana Board of REALTORS®

MLS Number: 110135

Texarkana Board of REALTORS®

APN: 26160002900