See Home Value
$400,858*
House - Off Market

1205 Drake Court

Waco, TX 76710
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1882 Sqft
$351,000 - $427,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Feb 26, 2021
$320,000
$256,000 by Independent Bank Waco
Mortgage
Sold Oct 19, 2017
$245,800
$196,600 by Alliance Bank Central Texas
Mortgage

About This Property

This stunning "modern farmhouse" patio home is conveniently located in the charming Magnolia Villas gated community, designed and developed by Chip and JoAnna! The beautiful finishes, designer decorating, and open floorplan make this charming home AMAZING! This spacious open living area home includes a wonderful kitchen that has a large island, surrounded with counter seating and has ample serving/workspace. The main suite is bright and lovely with an ensuite that features dual vanities, a large shower and a nice walk-in closet. The 2 additional bedrooms are perfect for guests or a home office.  The peaceful screened porch creates a comfortable space to enjoy a cup of coffee and it can also serve as an awesome outdoor living area. Magnolia Villas is a highly sought-after community, located in the heart of Waco with close proximity to shopping, dining, and medical facilities. Enjoy carefree living because the HOA covers individual lawn maintenance and maintenance of the common areas!

The manager has listed the unit size as 1882 square feet.
Unit Size
1,882Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$207
Property Type
House
Property Taxes
$614
HOA Dues
$140
Year Built
2016

Price History

Date / Event Date Event Price
Mar 2, 2023 No longer available -
No longer available
Nov 4, 2022 Listed $389,000
Listed
Jan 18, 2021 No longer available -
No longer available
Jan 15, 2021 Listed $320,000
Listed
Beautiful custom patio home is in the desirable Magnolia Villas gated community, which is conveniently located in the heart of Waco. This is a charming neighborhood with an old world feeling. The floor plan is open with a large kitchen, family room, and dining area. the island, eating bar, gorgeous granite and marble counters finish off a kitchen that is perfect for entertaining. The kitchen is equipped with a dual fuel range, dishwasher, built in microwave and Fridge with an icemaker. The…

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 357
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,877
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,239
  • Gross Building Area: 2,399
  • Building Area: 1,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ERWIN ADDITION PUD
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ERWIN ADDITION PUD LOT 2 BLOCK 4 ACRES .112

Ownership

  • Current Owner : GILLILAND ADAM
  • Current Owner 2: GILLILAND MICKEY
  • Previous Owner : HAYS SANDRA
  • Owner Before Previous Owner: JOANN BOHANNON DESINGES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 002498

Geography

  • Parcel: 48-013705-000402-0
  • Block: 4
  • Lot: 2
  • Municipality: CITY OF WACO
  • Latitude: 31.5345
  • Longitude: -97.183

    Address

  • Full Address: 1205 Drake Ct
  • Address - House Number: 1205
  • Address - Street Name: Drake
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: Waco
  • Carrier Code: C063
  • 4-Digit Zip Code: 4000
  • Zip Code: 76710

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,752
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Dec 28, 2022
  • Confidence Score: 76
  • Final Value: 393,338
  • High Value: 464,873
  • Low Value: 321,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK WACO
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $256,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $347,660
  • Market Land Value: $32,140
  • Market Improvement Value: $315,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $347,660
  • Assessed Land Value: $32,140
  • Assessed Improvements Value: $315,520

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11824079291
  • Current Sale Price: $320,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021006903
  • Previous Sale Recording Date: Oct 19, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $245,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK WACO
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: ALLIANCE BANK CENTRAL TEXAS
  • Previous Mortgage Transaction Date: Oct 19, 2017
  • Previous Mortgage Loan Amount: $196,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,788 ft²
$196/ft²
$350,000 Jun 3, 2022
-
$390/mo
House
4 Beds
2 Baths
1,980 ft²
$164/ft²
$325,000 Sep 29, 2022
-
$361/mo
House
2 Beds
2 Baths
1,444 ft²
$242/ft²
$350,000 Jun 3, 2022
-
$285/mo
House
4 Beds
3.5 Baths
2,858 ft²
$140/ft²
$400,000 Jul 22, 2022
-
$571/mo
Commercial
Loft
-
3,024 ft²
$132/ft²
$399,999 Feb 2, 2023
-
$687/mo

About Heart of Texas


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Frequently Asked Questions

When was property at 1205 Drake Court built and last sold?
The property at 1205 Drake Court was built in 2016 and last sold on Feb 23, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 1205 Drake Court is $389,004.
What are some comparable homes to 1205 Drake Court?
Homes that are comparable to 1205 Drake Court include a house property at 4104 Austin Avenue, 4208 Gorman Avenue, 4220 Watt Avenue.

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