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110 Lake Drive

110 Lake Drive, Milam, TX 75959
House in Milam
Local assessors in Milam, TX have categorized 110 Lake Drive as a type of property. The home was built in 1980 and is 46 years old. The property's lot size has been calculated to be 7,928 square feet. If we look only at the heated or air conditioned part of the building, then 110 Lake Drive has a total of 768 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $42,918 in taxes each year. 110 Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,990. If we break it down further, the land itself was valued at $3,550. Improvements to the property, however, were assessed at a total of $67,440. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230822
08/22/2023
2 Bed
1 Bath
900 ft²
$82,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
Sheilah Martin
A Real Estate Connection


Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,928
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.182 LOT: 25 SUBD: PLAYCATION ESTATES HOUSE & IMPROVEMENTS

Neighborhood

  • School District Name: Hemphill Independent School District
  • Census Tract: 950100

Geography

  • Parcel: R000130921
  • Municipality: MILAM
  • Latitude: 31.512
  • Longitude: -93.8106

    Address

  • Full Address: 110 Lake Dr
  • Address - House Number: 110
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Milam
  • Carrier Code: H001
  • 4-Digit Zip Code: 2664
  • Zip Code: 75959

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42,918
  • Tax Rate Code Area: 1 31 60

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 75,139
  • High Value: 90,523
  • Low Value: 59,754

    Market Valuation

  • Market Total Value: $70,990
  • Market Land Value: $3,550
  • Market Improvement Value: $67,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,990
  • Assessed Land Value: $3,550
  • Assessed Improvements Value: $67,440

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Milam



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Frequently Asked Questions

What neighborhood is 110 Lake Drive located in?
The 110 Lake Drive is a house located in the neighborhood of Milam in Milam, Milam.
What is the average sales price for listings in 110 Lake Drive?
The average sales price for units in 110 Lake Drive is $0 currently.