Seller's Agent in 2023
Debra Johnson
Stafford Team Real Estate
(940) 594-7253
2 in this area
111 Total Sales
525 Lake Point Dr Little Elm, TX 75068
Estimated Value: $352,000 - $389,000
3
Beds
2
Baths
2,109
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Traditional Architecture
- Covered Patio or Porch
- Clubhouse
- Community Pool
- 2 Car Attached Garage
About This Home
As of November 2023Welcome to your new home in the sought-after Paloma Creek neighborhood! With 3 spacious bedrooms and 2 bathrooms, this home provides ample space for your family to grow. The open floor plan creates a seamless flow between the living spaces, making hosting a breeze. Working from home has become the new norm, and this home has you covered with a dedicated home office. The bonus family room provides an additional space for your family to unwind and make cherished memories. The eat-in kitchen features an island where you can whip up culinary masterpieces or enjoy quick meals on busy days. The walk-in pantry ensures plenty of storage space for your culinary creations. One of the highlights of this home is its proximity to walking trails and Lake Lewisville. Imagine beginning your day with a leisurely stroll along the serene walking trails, basking in the beauty of nature. When it's time to cool off on those summer days, take a short stroll to the community pool. Don't miss out on this gem!
Last Agent to Sell the Property
Stafford Team Real Estate Brokerage Phone: 940-594-7253 License #0344918 Listed on: 08/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,051
Year Built
- Built in 2006
Lot Details
- 6,316 Sq Ft Lot
- Wood Fence
- Landscaped
- Interior Lot
- Sprinkler System
HOA Fees
- $36 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Multiple Garage Doors
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,109 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Decorative Fireplace
- Gas Log Fireplace
- Living Room with Fireplace
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
- Rain Gutters
Schools
- Paloma Creek Elementary School
- Denton High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 60 / A
- Assessor Parcel Number R282442
Community Details
Overview
- Association fees include ground maintenance
- Paloma Creek Homeowners Association
- Paloma Creek Lakeview Ph 1 Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2023
Closed on
Nov 9, 2023
Sold by
Engel Carol and Engel Carol
Bought by
Mcginnis Josephine L
Seller's Agent
Debra Johnson
Stafford Team Real Estate
Buyer's Agent
Lauri Callier
Coldwell Banker Apex, REALTORS
List Price
$380,000
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$98,505
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$272,694
Purchase Details
Closed on
Jul 17, 2006
Sold by
Drees Custom Homes Lp
Bought by
Engel Richard and Engel Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcginnis Josephine L | -- | None Listed On Document | |
| Engel Richard | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcginnis Josephine L | $100,000 | |
| Previous Owner | Engel Richard | $38,600 | |
| Previous Owner | Engel Richard | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | -- | -- | -- |
| 10/10/2023 10/10/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | Price Changed | $370,000 | -2.6% | $175 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $380,000 | -- | $180 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $6,380 | $358,664 | $92,809 | $265,855 |
| 2024 | $7,879 | $374,515 | $92,809 | $281,706 |
| 2023 | $2,904 | $330,791 | $92,809 | $315,652 |
| 2022 | $7,051 | $300,719 | $92,809 | $245,602 |
| 2021 | $6,842 | $273,381 | $67,441 | $205,940 |
| 2020 | $6,518 | $254,100 | $67,441 | $186,659 |
| 2019 | $6,637 | $251,825 | $67,441 | $185,611 |
| 2018 | $6,291 | $228,932 | $67,441 | $182,862 |
| 2017 | $5,803 | $208,120 | $60,276 | $169,572 |
| 2016 | $4,169 | $189,200 | $35,909 | $180,195 |
| 2015 | $4,008 | $172,000 | $35,909 | $136,091 |
| 2013 | -- | $155,000 | $37,273 | $117,727 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Johnson
-
Ashton Morgan
A
Seller Co-Listing Agent in 2023
Ashton Morgan
Stafford Team Real Estate
(940) 395-8286
1 in this area
18 Total Sales
-
Lauri Callier
Buyer's Agent in 2023
Lauri Callier
Coldwell Banker Apex, REALTORS
(832) 287-9827
1 in this area
76 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20414066
APN: R282442
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.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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