NOT LISTED FOR SALE

6541 Terrace Dr the Colony, TX 75056

Estimated Value: $917,000 - $947,663

5 Beds
4 Baths
4,100 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 28, 2024

Current estimated payment $6,198/month

43 Days on Market

Highlights

  • Heated Pool and Spa
  • Traditional Architecture
  • Granite Countertops
  • Lakeview Middle School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2024

Situated in the Sought-after Neighborhood of Stewart Peninsula, this Magnificent Estate Boasts Captivating Views of Lake Lewisville. Impeccable Craftsmanship is Showcased throughout the Carefully Designed Interior with Fresh Paint, Plantation Shutters, Hardwood Floors, New Carpet, an Open Layout & Abundance of Natural Light. The Chef's Kitchen Features SS Appls, Dbl Oven, Center Island & Granite. Generously Sized Bdrms, including an Opulent Primary Suite with a Spa-like Bath. Embodying Luxury Living this Home has a Fully Equipped Media Rm, Game Rm & Ample Storage. Step Outside to Indulge in the Entertainment Oasis Complete with a Heated Pool & Spa, Grassy Yard & a Covered Patio & Balcony. Community Amenities Include:Infinity Adult Pool, a Family Pool, Playgrounds & Trails for Walking, Jogging, or Biking. 3rd Garage is perfect for a Golf Cart or Jet-Ski, while Stewart Creek Park Provides Convenient Boat Launching for Beach Outings, Fishing Trips, or Witnessing the Sunset over the Water.

Last Agent to Sell the Property

Tammy Watson

Keller Williams Realty DPR Brokerage Phone: 972-370-1775 License #0425191 Listed on: 04/04/2024

Keller Williams Realty DPR

Last Buyer's Agent

Brittany Rich

Compass RE Texas, LLC License #0667601

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,244

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Wrought Iron Fence
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Gas Log Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Pool Water Feature

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Schools

  • Ethridge Elementary School
  • The Colony High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 9 / L
  • Assessor Parcel Number R232842

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance
  • Stewart Peninsula Association
  • Stewart Peninsula Northshore Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,244

Year Built

Built in 2005

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • OWNERNAME: See Transaction Desk
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 972-370-1775
  • Co List Office Mls Id: KELL01
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 2005

Interior Features

  • Square Footage: 4100.0
  • Windows: Shutters, Window Coverings
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Stone
  • Interior Amenities: Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Community Features: Playground, Pool, Sidewalks, Trails/Paths
  • Fencing: Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Grill, Rain Gutters
  • Pool Features: Heated, In Ground, Pool, Pool/Spa Combo, Water Feature, Community
  • Patio And Porch Features: Rear Porch, Balcony, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Door-Single, Garage Faces Front, Garage, Garage Door Opener, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Maintenance Grounds
  • Association Fee: 310.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Stewart Peninsula

Schools

  • Elementary School: Ethridge
  • High School: The Colony
  • Junior High Dist: Lewisville ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Irregular Lot, Landscaped, Subdivision, Sprinkler System, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.278
  • Parcel Number: R232842
  • Lot Size Acres: 0.278
  • Lot Size Sq Ft: 12109.68

Building Info

  • Year Built: 2005
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: L
  • Tax Lot: 9
  • Tax Annual Amount: 14244.0

MLS Schools

  • MiddleOrJuniorSchool: Lakeview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 27, 2024
Sold by
Franks Steven C and Franks Joanne N
Bought by
Middleton Tyler and Middleton Kristina
Seller's Agent
Tammy Watson
Keller Williams Realty DPR
Buyer's Agent
Brittany Rich
Compass RE Texas, LLC
List Price
$950,000
Views
34
Current Estimated Value
$931,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Outstanding Balance
$737,012
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$196,505

Purchase Details

Closed on
Mar 3, 2006
Sold by
Park Avenue Custom Homes Ltd
Bought by
Franks Steven C and Franks Joanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,805
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2005
Sold by
Stewart Peninsula Development Partners
Bought by
Park Avenue Custom Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,100
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Middleton Tyler -- None Listed On Document
Franks Steven C -- None Available
Park Avenue Custom Homes Ltd -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middleton Tyler $744,000
Previous Owner Franks Steven C $320,000
Previous Owner Franks Steven C $74,385
Previous Owner Franks Steven C $45,805
Previous Owner Franks Steven C $366,440
Previous Owner Park Avenue Custom Homes Ltd $352,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold -- -- --
05/25/2024 05/25/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $950,000 -- $232 / 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 $14,207 $910,000 $171,665 $738,335
2024 $15,517 $799,568 $0 $0
2023 $13,040 $726,880 $171,665 $722,618
2022 $13,872 $660,800 $171,665 $654,202
2021 $13,380 $600,727 $114,443 $486,284
2020 $12,782 $575,050 $114,443 $460,607
2019 $13,143 $572,557 $114,443 $458,114
2018 $12,304 $532,579 $114,443 $418,136
2017 $12,846 $549,916 $130,049 $419,867
2016 $11,994 $513,456 $101,935 $418,164
2015 $10,694 $466,778 $101,935 $364,843
2013 -- $434,953 $101,721 $333,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20577814

North Texas Real Estate Information Systems (NTREIS)

APN: R232842