NOT LISTED FOR SALE

540 Colt Dr Lavon, TX 75166

Estimated Value: $352,000 - $375,000

3 Beds
2 Baths
2,002 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 26, 2023

Current estimated payment $2,579/month

83 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Pool
  • Clubhouse
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of September 2023

BACK ON THE MARKET! The buyer's financing fell through. This gorgeous 3 bedroom, 2 bath beauty boasts ALL of the luxury touchpoints. Beautiful designer accent walls, upscale lighting fixtures, and warm LVP flooring set the tone the minute that you enter. The open concept is terrific for entertaining with its spacious kitchen and family room that overlooks the private backyard. Get ready to delight the chef in the gourmet kitchen that boasts a huge island, stainless appliances, a large walk-in pantry, and tons of cabinets. The primary suite features a spa-like bath with dual vanities, a large shower, and a custom master closet. The oversized laundry room is a surprise bonus. Step outside to the amazing backyard that backs up to a private green space. Relax in front of the beautiful stone waterfall just off of the covered patio overlooking a pristinely manicured lawn. Come see what lakeside living has to offer. Minutes from Lake Lavon, HWY 78, shopping, and entertainment.

Last Agent to Sell the Property

Deborah Branch

Ebby Halliday, REALTORS Brokerage Phone: 972-771-8163 License #0435518 Listed on: 06/15/2023

Ebby Halliday, REALTORS

Co-Listed By

Carrie Saunders

Ebby Halliday, REALTORS Brokerage Phone: 972-771-8163 License #0643374

Last Buyer's Agent

Jason C. Wynn

Legacy & Co. Real Estate LLC License #0701371

Legacy & Co. Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,689

Year Built

  • Built in 2021

Lot Details

  • 5,963 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Epoxy
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Ceiling Fan
  • Decorative Lighting
  • Electric Fireplace
  • Window Treatments
  • Luxury Vinyl Plank Tile

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Nesmith Elementary School
  • Leland Edge Middle School
  • Community High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 26 / 1
  • Assessor Parcel Number R1216000I02601

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance
  • Essex Association Management Association
  • Lakepointe Ph 1 Subdivision
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,689

Year Built

Built in 2021

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One
  • Security: Security System, Carbon Monoxide Detector(s)
  • Year Built Details: Preowned
  • Water Body Name: Lavon
  • Attribution Contact: 972-771-8163
  • Co List Office Mls Id: EBBY26
  • Co List Office Phone: 972-771-8163
  • Co List Office Mls Id: EBBY26
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48085:R1216000I02601
  • Special Features: VirtualTour
  • Year Built: 2021

Interior Features

  • Square Footage: 2002.0
  • Windows: Window Coverings
  • Fireplace Features: Electric
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Clubhouse, Curbs, Playground, Pool, Sidewalks, Trails/Paths
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock, Stone
  • Exterior Features: Rain Gutters, Storage
  • Pool Features: None, Community
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Single, Epoxy Flooring, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, ENERGY STAR Qualified Equipment, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Maintenance Grounds
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Name: Essex Association Management

Schools

  • Elementary School: Nesmith
  • High School: Community
  • Junior High Dist: Community ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Greenbelt, Interior Lot, Landscaped, Subdivision, Sprinkler System, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.1369
  • Parcel Number: R1216000I02601
  • Lot Size Acres: 0.1369
  • Lot Size Sq Ft: 5963.36

Building Info

  • Year Built: 2021

Tax Info

  • TaxBlock: 1
  • Tax Lot: 26
  • Tax Annual Amount: 7689.0

MLS Schools

  • MiddleOrJuniorSchool: Leland Edge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Sep 27, 2023
Sold by
Miller Stephen B and Miller Francisco Martin
Bought by
Nelms Larry Wade and Nelms Kimberly Michelle
Seller's Agent
Deborah Branch
Ebby Halliday, REALTORS
Buyer's Agent
Jason C. Wynn
Legacy & Co. Real Estate LLC
List Price
$399,900
Views
102
Current Estimated Value
$362,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.12%
Original Mortgage
$150,000
Outstanding Balance
$147,034
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$215,541

Purchase Details

Closed on
May 27, 2021
Sold by
Tshh Llc
Bought by
Miller Stephen B and Altamirano Francisco Marton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,900
Interest Rate
3%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelms Larry Wade -- None Listed On Document
Miller Stephen B -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelms Larry Wade $150,000
Previous Owner Miller Stephen B $278,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold -- -- --
09/06/2023 09/06/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $399,900 0.0% $200 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $399,900 -7.0% $200 / Sq Ft
06/15/2023 06/15/23 For Sale $430,000 -- $215 / 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 $7,672 $374,373 $105,000 $269,373
2024 $7,672 $388,436 $105,000 $283,436
2023 $7,672 $392,094 $115,000 $277,094
2022 $7,689 $365,000 $95,000 $270,000
2021 $2,863 $51,800 $51,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20349577

North Texas Real Estate Information Systems (NTREIS)

APN: R-12160-00I-0260-1