NOT LISTED FOR SALE

7503 E Lake Dr Murchison, TX 75778

Estimated Value: $384,000 - $500,000

3 Beds
2 Baths
1,896 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 10, 2012

Current estimated payment $2,339/month

24 Days on Market

Highlights

  • Landing Strip
  • Pier
  • Community Stables
  • Lake Front
  • Boat or Launch Ramp
  • Horses Allowed On Property

About This Home

As of April 2012

This spacious waterfront home has an open floor plan with tile in the living and kitchen, oversized master bedroom with walk-in closet, sunroom and much more. Located in a gated lake community complete with air strip, gun range, boat ramp and more. Home is within walking distance to Echo Creek golf course. Great waterfront with open water.

Last Agent to Sell the Property

Jason Echols

Echols Real Estate Associates License #TREC # 0428648 Listed on: 02/03/2012

Last Buyer's Agent

Non MLS Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $425

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 117 x117
  • Lake Front
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,896 Sq Ft Home
  • Wood Burning Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Boat or Launch Ramp
  • Lake Pump
  • Shooting Range
  • Covered Patio or Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Exclusions: Windmill In Front Yard
  • Assessor Parcel Number 26850000031010

Community Details

Overview

  • Property has a Home Owners Association
  • Resort Property
  • Echo Lake Subdivision

Amenities

  • Common Area
  • Landing Strip

Recreation

  • Community Stables

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$425

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Exclusions: Windmill In Front Yard
  • Prop. Type: Residential
  • Year Built: 1976
  • Property Sub-Type: Single Family Residence,Waterfront Residential
  • ResoCommunityFeatures: Resort Property, Landing Strip, Stable(s), Common Areas, Neighborhood Association, Gated, Restricted, Gated Entry
  • Current Use: Horses, Fishery
  • Reso Fencing: None
  • ResoLotFeatures: Wooded, Private Access
  • Lot Size Acres: 0.3143
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 903-675-7575
  • MLS Status: Closed
  • Subdivision Name: Echo Lake
  • ResoBuildingAreaSource: My SW Data
  • Carport Y N: No
  • Reso Fireplace Features: Wood Burning
  • Unit Levels: One
  • NAV99_PWC_Lift: No
  • NAV99_Pier: Yes
  • NAV99_Lake_Pump: Yes
  • NAV99_Elec_Boat_Lift: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Range Top, Electric Water Heater
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Exterior Features: Sprinkler System, Boat Dock/Slip
  • Roof: Composition
  • Horse: Yes
  • Pool Features: Other
  • Pool Private: No
  • Waterfront Features: Lake, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Cedar, Cedr
  • Foundation Details: Slab
  • Other Structures: Landing Strip, Launch Ramp, Shooting Range
  • Patio And Porch Features: Covered/Enclosed Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Garage, Two Car, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Sewer: Septic Tank
  • Utilities: Cable Ready
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: 775
  • Association: Yes

Schools

  • Junior High Dist: Brownsboro ISD

Lot Info

  • Lot Dimensions: 117 X117
  • Lot Size Sq Ft: 13689
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 26850000031010
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Apr 9, 2012
Sold by
Durham Dink P and Durham Ludene
Bought by
Lowman Harmonl and Lowman Janice K
Seller's Agent
Jason Echols
Echols Real Estate Associates
Buyer's Agent
Non MLS Agent
List Price
$199,000
Current Estimated Value
$422,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$151,000
Outstanding Balance
$105,333
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$317,494

Purchase Details

Closed on
Oct 27, 1989
Bought by
Lowman Harmon L and Lowman Janice K
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
Lowman Harmonl -- Attorneys Title Company
Lowman Harmon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowman Harmonl $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2012 04/10/12 Sold -- -- --
02/28/2012 02/28/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $199,000 -- $105 / Sq Ft
Source: Henderson County Board of REALTORS®

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 $425 $455,792 $59,290 $396,502
2023 $7,246 $455,792 $59,290 $396,502
2022 $5,827 $228,740 $100,250 $128,490
2021 $2,765 $142,630 $52,650 $89,980
2020 $2,947 $147,740 $52,650 $95,090
2019 $3,002 $143,050 $52,650 $90,400
2018 $2,941 $139,160 $52,650 $86,510
2017 $2,906 $137,470 $52,650 $84,820
2016 $2,906 $137,470 $52,650 $84,820
2015 $2,893 $137,470 $52,650 $84,820
2014 $2,807 $137,470 $52,650 $84,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Henderson County Board of REALTORS®

MLS Number: 65833

APN: 2685-0000-0310-10