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114 Preston Trail

114 Preston Trail, Marble Falls, TX 78654
Sold Jul 30, 2019
$605,400
$488,400 by Plaza Home Mortgage Inc
Mortgage Due Jun 01, 2051
114 Preston Trail in Marble Falls, TX was first built in 2009 and is 15 years old. This has been categorized as a residential property type. It is a single story home. 114 Preston Trail has 4,166 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,945 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a attached garage. The garage is 992 sqft. There are a total of 4 available parking spaces. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 114 Preston Trail sold most recently in Jul 29, 2019 for a total of $605,400. If you work out the math, that's approximately a cost of $117.37 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,748 in taxes each year. 114 Preston Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $762,368. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Stone Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 992
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,945
  • Total Building Area: 5,158
  • Gross Building Area: 5,158
  • Building Area: 4,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWLAKES
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S6160 MEADOWLAKES LOT 985-C, REPLAT SEC 3*** .389

Ownership

  • Current Owner : HERMAN BRIAN S
  • Current Owner 2: HERMAN NICOLE M
  • Previous Owner : BURGHARDT STANLEY K
  • Previous Owner 2: BURGHARDT MARY F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marble Falls Independent School District
  • School Tax School District: WCD
  • Census Tract: 960600

Geography

  • Assessors Map Reference: 74-L
  • Parcel: 30810
  • Lot: 985-C
  • Municipality: MEADOWLAKES
  • Latitude: 30.5674
  • Longitude: -98.2944

    Address

  • Full Address: 114 Preston Trl
  • Address - House Number: 114
  • Address - Street Name: Preston
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Meadowlakes
  • Carrier Code: C004
  • 4-Digit Zip Code: 6434
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,748
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 511,022
  • High Value: 745,210
  • Low Value: 276,833

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $644,400
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $488,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: AUSTIN TELCO FEDERAL CREDIT UN
  • Second Open Lien Mortgage Recording Date: Sep 01, 2022
  • Second Open Lien Mortgage Loan Amount: $156,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 15, 2037

    Market Valuation

  • Market Total Value: $1,074,379
  • Market Land Value: $118,614
  • Market Improvement Value: $955,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $762,368

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Transaction ID: 11633661728
  • Current Sale Price: $605,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201907892

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jul 30, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Meadowlakes



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Frequently Asked Questions

What neighborhood is 114 Preston Trail located in?
The 114 Preston Trail is a house located in the neighborhood of Marble Falls in Meadowlakes, Marble Falls.
What is the average sales price for listings in 114 Preston Trail?
The average sales price for units in 114 Preston Trail is $0 currently.

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