See Home Value
$431,593*
House - Off Market

1240 Mcmahan Drive

Lewisville, TX 75077
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4069 Sqft
$347,000 - $423,000
Reference Base Price*
12.10%
Since Nov 1, 2021
TX-Dallas
Primary Model
Sold Aug 28, 2020
$472,500
$378,026 by Guild Mortgage Co
Mortgage Due Sep 01, 2050
Sold Dec 11, 2003
$176,100
$140,895 by Kh Financial Lp
Mortgage Due Dec 01, 2018

About This Property

Charming 2-story with a beautiful divided staircase as you enter the home.  This 4 BR 3.5 BT boasts a spacious 4000+ sqft. The home features formal living & dining spaces, providing an inviting space to entertain.  The open kitchen seamlessly flows into the expansive family room and breakfast nook with an abundance of windows providing natural light throughout the house.  Oversized master suite, which features a jet tub.  Upstairs you'll find spacious J&J BR with bath accents; guest room with a private bath; media room that can easily be converted to another bedroom or a private study cove. 2nd floor is topped off with a beautiful open space for your creativity (upstairs den, library, game room,etc.)MUST SEE!

The manager has listed the unit size as 4069 square feet.
Unit Size
4,069Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 29, 2020 In contract -
In contract
Jun 30, 2020 Price Decreased $385,000
↓ $4K (1%)
Price Decreased
May 23, 2020 Listed $389,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,722
  • Total Building Area: 4,469
  • Gross Building Area: 4,469
  • Building Area: 4,069
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,069
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEVIEW ESTATES
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGEVIEW ESTATES BLK E LOT 4

Ownership

  • Current Owner : JONES LAKICA S
  • Current Owner 2: JONES GREGORY J
  • Previous Owner : JOY JESSIE K
  • Previous Owner 2: MATHAL JOY KAVANADYIL
  • Owner Before Previous Owner: KIMBALL HILL HOMES TEXAS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021715

Geography

  • Assessors Map Reference: 595-W
  • Parcel: R242097
  • Block: E
  • Lot: 4
  • Municipality: LEWISVILLE CITY
  • Latitude: 33.0643
  • Longitude: -97.0319

    Address

  • Full Address: 1240 Mcmahan Dr
  • Address - House Number: 1240
  • Address - Street Name: Mcmahan
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lewisville
  • Carrier Code: C040
  • 4-Digit Zip Code: 2503
  • Zip Code: 75077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,506
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 626,447
  • High Value: 752,957
  • Low Value: 499,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $378,026
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $378,026
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $431,713
  • Market Land Value: $82,345
  • Market Improvement Value: $349,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,713
  • Assessed Land Value: $82,345
  • Assessed Improvements Value: $349,368

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11784749874
  • Current Sale Price: $472,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-132900
  • Previous Sale Recording Date: Dec 11, 2003
  • Previous Sale Contract Date: Nov 26, 2003
  • Previous Sale Amount: $176,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $378,026
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KH FINANCIAL LP
  • Previous Mortgage Transaction Date: Dec 11, 2003
  • Previous Mortgage Loan Amount: $140,895
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2018



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
2,715 ft²
$166/ft²
$450,000 Mar 8, 2024
-
-
In Contract
House
4 Beds
2.5 Baths
2,448 ft²
$186/ft²
$455,000 Jan 6, 2024
-
-
House
4 Beds
2 Baths
2,071 ft²
$197/ft²
$409,000 Nov 18, 2023
-
$177/mo
House
4 Beds
2 Baths
2,076 ft²
$191/ft²
$397,500 Dec 29, 2023
-
-
House
4 Beds
2.5 Baths
2,309 ft²
$195/ft²
$450,000 Apr 26, 2024
-
-
House
4 Beds
2 Baths
2,090 ft²
$218/ft²
$455,000 Feb 17, 2024
-
$170/mo
House
4 Beds
2.5 Baths
2,069 ft²
$201/ft²
$415,000 Feb 4, 2024
-
-
In Contract
House
4 Beds
2 Baths
2,069 ft²
$220/ft²
$455,000 Jan 12, 2024
-
$177/mo
House
4 Beds
2 Baths
1,547 ft²
$236/ft²
$365,000 Nov 11, 2023
-
-
House
4 Beds
2 Baths
1,625 ft²
$203/ft²
$330,000 Jan 18, 2024
-
-
House
5 Beds
2.5 Baths
2,662 ft²
$172/ft²
$458,000 Nov 4, 2023
-
-
House
3 Beds
2.5 Baths
2,522 ft²
$178/ft²
$450,000 Jan 12, 2024
-
-

About Ridgeview Estates


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Frequently Asked Questions

When was property at 1240 McMahan Drive built and last sold?
The property at 1240 McMahan Drive was built in 2003 and last sold on Aug 27, 2020 for $472,500.
How much is this home worth?
The estimated value of the home located at 1240 McMahan Drive is $388,850.
What are some comparable homes to 1240 McMahan Drive?
There are currently no comparable homes to 1240 McMahan Drive.

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