NOT LISTED FOR SALE

519 Rea Ave Lancaster, TX 75146

Estimated Value: $206,000 - $231,000

3 Beds
2 Baths
1,680 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 20, 2021

Current estimated payment $1,485/month

70 Days on Market

Highlights

  • Home fronts a creek
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Traditional Architecture
  • Converted Garage
  • 1-Story Property

About This Home

As of December 2021

Investment Opportunity. Property will NOT go FHA.Over a quarter of acre lot with lots of mature trees. Great starter home, has brand new carpet and flooring with fresh paint. Garage conversion into second living area to give you extra space for a growing family. Full size laundry room. Large front porch has a great sitting area to enjoy and covered patio in backyard as well. Needs foundation repair.

Last Agent to Sell the Property

Adrienne Davidson

Nations Realty Network License #0544990 Listed on: 10/01/2021

Last Buyer's Agent

Phuong Nguyen

Berkshire HathawayHS PenFed TX License #0696260

Berkshire HathawayHS PenFed TX

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.35 Acre Lot
  • Home fronts a creek
  • Wood Fence
  • Chain Link Fence
  • Many Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Converted Garage
  • Front Facing Garage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pleasant Run Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • W G Mcdonald Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 1
  • Assessor Parcel Number 36067500000180000
  • $4,500 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 98.21429
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Square Footage: 1680.00
  • Fireplace Features: Decorative
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Electric Range
  • Fireplaces: 1
  • Number Of Living Areas: 2
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Converted Garage, Garage Faces Front
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lancaster ISD
  • Elementary School: Pleasant Run
  • High School: Lancaster

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.3450
  • Parcel Number: 36067500000180000
  • Lot Size Acres: 0.3450
  • Lot Size Sq Ft: 15028.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1963

Tax Info

  • Unexempt Taxes: 4500
  • TaxBlock: 1
  • Tax Lot: 18

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Lancaster
  • Middle School Name: Lancaster
  • Elementary School Name: Pleasant Run
  • High School Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2004
Sold by
Lee Gregory C
Bought by
Galvan Roberto
Current Estimated Value
$219,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,742
Outstanding Balance
$36,709
Interest Rate
5.64%
Mortgage Type
FHA
Estimated Equity
$183,093

Purchase Details

Closed on
Jun 11, 1999
Sold by
Lilley Patrick J and Lilley Johanna M
Bought by
Lee Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galvan Roberto -- Atc
Lee Gregory C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvan Roberto $73,742
Previous Owner Lee Gregory C $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold -- -- --
12/10/2021 12/10/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $180,000 -4.8% $107 / Sq Ft
11/10/2021 11/10/21 Price Changed $189,000 -7.8% $113 / Sq Ft
10/01/2021 10/01/21 For Sale $205,000 -- $122 / 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
2025 $4,122 $217,000 $50,000 $167,000
2024 $4,122 $174,520 $50,000 $124,520
2023 $4,122 $160,980 $45,000 $115,980
2022 $4,249 $160,980 $45,000 $115,980
2021 $4,342 $152,040 $30,000 $122,040
2020 $4,500 $152,040 $30,000 $122,040
2019 $2,811 $92,050 $16,000 $76,050
2018 $2,821 $92,050 $16,000 $76,050
2017 $2,074 $67,740 $13,000 $54,740
2016 $2,074 $67,740 $13,000 $54,740
2015 $1,563 $63,880 $13,000 $50,880
2014 $1,563 $63,880 $13,000 $50,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14682148

North Texas Real Estate Information Systems (NTREIS)

APN: 36067500000180000