NOT LISTED FOR SALE

Estimated Value: $2,720,000 - $2,946,939

5 Beds
5.5 Baths
7,007 Sq Ft
$404/Sq Ft Est. Value

Last Sold September 22, 2020

Current estimated payment $17,989/month

Highlights

  • Spa
  • Home fronts a creek
  • Built-In Refrigerator
  • Tom Hicks Elementary School Rated A
  • Gated Community
  • 0.7 Acre Lot

About This Home

As of September 2020

Incredible French Country estate situated on a rare .7 acre greenbelt lot. Located in the prestigious gated-guarded Kings Gate neighborhood. Extremely private backyard boasts mature trees and includes an outdoor covered patio overlooking the resort style pool. This 7,000+ SF home includes 5 bed, 5.5 baths, formal living and dining, study, open kitchen and family gathering area, oversized private office space, wine cellar, exercise room, game room with separate pool table area, & much more. Great location just minutes from The Shops at Legacy, new Legacy West urban village, Dallas Cowboys Headquarters, & many more corporate headquarters including Toyota North America only 1.5 miles away.

Last Agent to Sell the Property

Rustin Smith

Rustin James Smith License #0574357 Listed on: 09/22/2020

Last Buyer's Agent

Jackie Dorbritz

Compass RE Texas, LLC License #0538510

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,512

Year Built

  • Built in 2003

Lot Details

  • 0.7 Acre Lot
  • Home fronts a creek
  • Aluminum or Metal Fence
  • Landscaped
  • Sprinkler System
  • Many Trees
  • Large Grassy Backyard

HOA Fees

  • $546 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • French Architecture
  • Combination Foundation
  • Slate Roof
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,007 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Sound System
  • Paneling
  • Vaulted Ceiling
  • Decorative Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Plantation Shutters
  • Wood Flooring

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Burglar Security System
  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Spa
  • Outdoor Pool
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting

Schools

  • Hicks Elementary School
  • Arborcreek Middle School
  • Hebron High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 13 / C
  • Assessor Parcel Number R190220
  • $35,189 per year unexempt tax

Community Details

Overview

  • Association fees include maintenance structure, management fees
  • King Gate HOA
  • Kings Gate Subdivision
  • Mandatory home owners association
  • Greenbelt

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,512

Year Built

Built in 2003

Lot Details

0

HOA Fees

$546 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: French, Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Fire Sprinkler System, Prewired, Security Lights, Security Service, Security System, 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: 275.79563
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Square Footage: 7007.00
  • Windows: Plantation Shutters, Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter, Masonry, Master Bedroom, Wood Burning
  • Interior Amenities: Central Vacuum, Decorative Lighting, High Speed Internet Available, Multiple Staircases, Paneling, Sound System Wiring, Vaulted Ceiling(s), Wet Bar
  • Flooring: Wood
  • Appliances: Built-in Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker
  • Fireplaces: 3
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 7
  • Room Count: 16

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: Yes
  • Foundation: Combination
  • Community Features: Gated, Greenbelt, Guarded Entrance
  • Fencing: Metal
  • Roof: Slate, Tile
  • Soil Type: Unknown
  • Construction Materials: Block, Stucco
  • Exterior Features: Covered Patio/Porch, Fire Pit, Lighting
  • Pool Features: Separate Spa/Hot Tub, Pool Sweep, Water Feature
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Front, Garage Faces Side, Workshop in Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: City Sewer, City Water, Curbs, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Management Fees
  • Association Fee: 1637
  • Association Fee Frequency: Quarterly
  • Association Type: Mandatory
  • Hoa Management Company: King Gate
  • HOA Management Company: 1234567890

Schools

  • School District: Lewisville ISD
  • Elementary School: Hicks
  • Middle School: Arborcreek
  • High School: Hebron
  • School District: Lewisville ISD
  • Elementary School: Hicks
  • High School: Hebron

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Greenbelt, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.7000
  • Lot Size: IRREGULAR
  • Parcel Number: R190220
  • Lot Size Acres: 0.7000
  • Lot Size Sq Ft: 30492.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2003

Tax Info

  • Unexempt Taxes: 35189
  • TaxBlock: C
  • Tax Lot: 13

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Arborcreek
  • Middle School Name: Arborcreek
  • Elementary School Name: Hicks
  • High School Name: Hebron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Sep 21, 2020
Sold by
Smith James R and Smith Deborah
Bought by
Maale Gerhard Emil and Maale Shannon Marie
Seller's Agent
Rustin Smith
Rustin James Smith
Buyer's Agent
Jackie Dorbritz
Compass RE Texas, LLC
List Price
$2,000,000
Current Estimated Value
$2,827,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$1,546,000
Outstanding Balance
$1,398,447
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,273,904

Purchase Details

Closed on
Jun 27, 2007
Sold by
Thompson David L and Thompson Cynthia
Bought by
Smith James R and Smith Deborah

Purchase Details

Closed on
Mar 6, 2001
Sold by
Mff Realty Inc
Bought by
Thompson David L and Thompson Cynthia

Purchase Details

Closed on
May 17, 1996
Sold by
Fobare Tod M and Fobare Shelagh
Bought by
Mff Realty Inc
Source: Public Records

Range of Values:

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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
Maale Gerhard Emil -- Providence Title Company
Smith James R -- Hftc
Thompson David L -- --
Mff Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maale Gerhard Emil $250,000
Open Maale Gerhard Emil $1,546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold -- -- --
09/22/2020 09/22/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $2,000,000 -- $285 / 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 $28,512 $2,219,000 $500,044 $1,718,956
2024 $38,589 $2,239,277 $500,044 $1,739,233
2023 $28,647 $2,271,073 $500,044 $2,306,088
2022 $38,641 $2,064,612 $600,053 $1,929,263
2021 $37,923 $1,876,920 $466,708 $1,410,212
2020 $31,673 $1,575,000 $466,708 $1,108,292
2019 $34,017 $1,625,000 $466,708 $1,158,292
2018 $35,514 $1,680,000 $466,708 $1,213,292
2017 $35,211 $1,640,000 $466,708 $1,173,292
2016 $32,320 $1,639,000 $466,708 $1,173,292
2015 $29,740 $1,490,000 $416,704 $1,073,296
2014 $29,740 $1,400,000 $517,713 $882,287
2013 -- $1,274,873 $517,713 $757,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14439174

North Texas Real Estate Information Systems (NTREIS)

APN: R190220