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1201 Homeplex Court

1201 Homeplex Court, Irving, TX 75060
Multifamily in Trinity View Summit
Sold Jun 02, 2022
$296,191
$222,700 by Texasbank
Mortgage Due Jun 01, 2037
Sold Jan 18, 2022
$3,192,000
$2,400,000 by Cattlemens Bank
Mortgage
1201 Homeplex Court has been categorized by the local assessors in Irving, TX as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 36 bedrooms. Residents will have access to 36 full bathrooms. There are 36 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 3,470 ft and across the front of the lot is 2,000 ft. The area measurement of the land has been determined as 60,396 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1201 Homeplex Court was last sold in May 31, 2022 for $296,191. According to our calculations, that's $15.96 per sqft. Prior to that sales transaction, the property was sold for $3,192,000 in Jan 14, 2022. Current property owners are expected to pay $58,784 in taxes per year. The property on 1201 Homeplex Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,768,730. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $2,688,730. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 36
  • Bathroom Count: 36
  • Full Bathrooms: 36
  • Partial Bathrooms: 36
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,396
  • Lot Size Depth Feet: 3,470
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 18,558
  • Building Area: 18,558
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRINITY VIEW SUMMIT REV
  • Land Acres: 1.387
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRINITY VIEW SUMMIT REV BLK A LT 1 ACS 1.4286 4-DUPLEX 501-19 INT202200013707 DD01142022 CO-DC 5456000A00100 1CI5456000A

Ownership

  • Current Owner : GUZMAN CARMEN
  • Previous Owner : TUYET TRUONG LAN
  • Owner Before Previous Owner: HOMEPLEX PROPERTIES LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Irving Independent School District
  • Census Tract: 015001

Zoning

  • Zoning: Z324

Geography

  • Assessors Map Reference: 325456000A00100
  • Account Number: 325456000A00100
  • Subdivision Tract Number: 54560
  • Parcel: 32-54560-00A-001-0000
  • Block: A
  • Lot: 1
  • Municipality: IRVING
  • Latitude: 32.8016
  • Longitude: -96.9409

    Address

  • Full Address: 1201 Homeplex Ct
  • Address - House Number: 1201
  • Address - Street Name: Homeplex
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: Irving
  • Carrier Code: C017
  • 4-Digit Zip Code: 6063
  • Zip Code: 75060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $58,784
  • Tax Rate Code Area: IS

    Appraisal Valuation

  • Standard Deviation: 0.4414
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 11
  • Final Value: 1,666,001
  • High Value: 2,401,465
  • Low Value: 930,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,700
  • First Open Lien Mortgage Lender: TEXASBANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $222,700
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $2,768,730
  • Market Land Value: $80,000
  • Market Improvement Value: $2,688,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,768,730
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $2,688,730

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889452742
  • Current Sale Price: $296,191
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 153925
  • Previous Sale Recording Date: Jan 18, 2022
  • Previous Sale Contract Date: Jan 14, 2022
  • Previous Sale Amount: $3,192,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEXASBANK
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $222,700
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: CATTLEMENS BANK
  • Previous Mortgage Transaction Date: Jan 18, 2022
  • Previous Mortgage Loan Amount: $2,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Trinity View Summit



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Frequently Asked Questions

What neighborhood is 1201 Homeplex Court located in?
The 1201 Homeplex Court is a multifamily located in the neighborhood of Trinity View Summit in Trinity View Summit, Irving.
What is the average sales price for listings in 1201 Homeplex Court?
The average sales price for units in 1201 Homeplex Court is $0 currently.

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