NOT LISTED FOR SALE

550 Falcon Trail Gordon, TX 76453

Estimated Value: $771,000 - $1,018,000

4 Beds
3 Baths
3,765 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 31, 2018

Current estimated payment $6,152/month

219 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • Vaulted Ceiling
  • Horse Facilities
  • Clubhouse
  • Sauna

About This Home

As of August 2018

This beautiful home is situated atop Falcon Ridge, inside the prestigious gated community of 7-R Ranch. The home offers breathtaking views over miles of north Texas Hill Country. The 4 bedroom, 3 bathroom home features over 3,765 square feet of living space. The master suite is oversized and located on the ground floor. Upstairs the guest quarters include well designed guest bedroom space, plus it's own living room space making your guests feel like they have their own space. Be sure to look at the awesome bunk room with design features that make it look like a log cabin! The great room features a towering two story ceiling, and beautiful stone fireplace with picture windows overlooking the vista view!

Last Agent to Sell the Property

Joel Taylor

CLARK REAL ESTATE GROUP License #0681559 Listed on: 12/19/2017

Last Buyer's Agent

Joel Taylor

CLARK REAL ESTATE GROUP License #0681559 Listed on: 12/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,675

Year Built

  • Built in 2009

Lot Details

  • 4.84 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Partially Fenced Property
  • Landscaped
  • Many Trees
  • Drought Tolerant Landscaping

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Window Treatments
  • Bay Window

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Schools

  • Gordon Elementary And Middle School
  • Gordon High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Individual Gas Meter
  • Co-Op Water
  • Tankless Water Heater
  • Aerobic Septic System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • Outside City Limits

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 33021
  • $11,015 per year unexempt tax

Community Details

Overview

  • Association fees include maintenance structure
  • 7R Ranch HOA, Phone Number (254) 693-5995
  • 7 R Ranch Subdivision
  • Mandatory home owners association
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool
  • Horse Facilities
  • Jogging Path

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,675

Year Built

Built in 2009

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Agricultural, Animals, Architectural, Building, Deed, Development, Easement(s), No Mobile Home
  • Security: Burglar, Security System, Smoke Detector(s), Other
  • 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: 152.72244
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Square Footage: 3765.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Gas Starter, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, Sound System Wiring, Vaulted Ceiling(s)
  • Flooring: Carpet, Concrete
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Tankless Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 11

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Dock, Community Pool, Gated, Greenbelt, Horse Facilities, Jogging Path/Bike Path, Playground, Sauna, Other
  • Fencing: Partial, Wrought Iron
  • Roof: Metal
  • Construction Materials: Rock/Stone, Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Propane
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: Aerobic Septic, All Weather Road, Co-op Water, Individual Gas Meter, Outside City Limits, Private Road, Septic

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: 7R Ranch
  • HOA Management Company: 254-693-5995

Schools

  • School District: Gordon ISD
  • Elementary School: Gordon
  • Middle School: Gordon
  • High School: Gordon
  • School District: Gordon ISD
  • Elementary School: Gordon
  • High School: Gordon

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Cul-De-Sac, Landscaped, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 4.8390
  • Parcel Number: 33021
  • Lot Size Acres: 4.8390
  • Lot Size Sq Ft: 210786.8400

Green Features

  • Efficiency: Appliances, Drought Tolerant Plants, Waterheater

Building Info

  • Year Built: 2009

Tax Info

  • Unexempt Taxes: 11015
  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Gordon
  • Middle School Name: Gordon
  • Elementary School Name: Gordon
  • High School Name: Gordon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Webb Philip R
Bought by
Webb Family Trust
Current Estimated Value
$930,135

Purchase Details

Closed on
Jan 8, 2020
Sold by
Rowan Lane Partners Llc
Bought by
Webb Philip R and Webb Cathy L

Purchase Details

Listed on
Dec 19, 2017
Closed on
Aug 30, 2018
Sold by
Posey Susan M
Bought by
Webb Philip R and Webb Cathy L
Seller's Agent
Joel Taylor
CLARK REAL ESTATE GROUP
Buyer's Agent
Joel Taylor
CLARK REAL ESTATE GROUP
List Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
May 15, 2007
Sold by
Icarus Investments Iv Ltd
Bought by
Posey Susan M
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
Webb Family Trust -- None Listed On Document
Webb Philip R -- Fidelity National Title
Webb Philip R -- Fidelity National Title
Webb Philip R -- None Available
Posey Susan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey Susan M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold -- -- --
07/26/2018 07/26/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $625,000 -- $166 / 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 $13,675 $846,850 $196,850 $650,000
2023 $12,974 $792,840 $196,850 $595,990
2022 $13,671 $792,840 $196,850 $595,990
2021 $12,098 $691,750 $196,850 $494,900
2020 $11,613 $622,040 $127,140 $494,900
2019 $10,510 $573,550 $123,100 $450,450
2018 $9,850 $560,470 $131,620 $428,850
2017 $10,564 $601,110 $131,620 $469,490
2016 $10,538 $599,610 $131,620 $467,990
2015 $9,076 $661,550 $193,560 $467,990
2014 $9,076 $658,120 $193,560 $464,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13744044

North Texas Real Estate Information Systems (NTREIS)

APN: 085813910