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1308 Madrid Trace

1308 Madrid Trace, San Marcos, TX 78666
House in San Marcos
Sold Jul 09, 2020
$343,300
$338,751 by Dhi Mortgage Company Ltd
Mortgage Due Aug 01, 2050
1308 Madrid Trace has been categorized by the local assessors in San Marcos, TX as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1308 Madrid Trace has 2,258 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,433 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 378 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of rock and stone. 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. 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, 1308 Madrid Trace was last sold in Jul 8, 2020 for $343,300. According to our calculations, that's $152.04 per sqft. Current property owners are expected to pay $8,560 in taxes per year. The property on 1308 Madrid Trace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $450,037. To break that down further, the land itself was valued at $102,660. While improvements to the property were assessed at a total of $461,770. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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 Venner Exterior
Masonry Exterior
Stone Veneer Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Porch Type: Covered porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,433
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,258
  • Gross Building Area: 2,636
  • Building Area: 2,258
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,258
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VISTA DE LOS SANTOS PHASE 3
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VISTA DE LOS SANTOS PHASE 3, LOT 75

Ownership

  • Current Owner : MCKINNEY DENNIS ROY
  • Current Owner 2: MCKINNEY LONI
  • Previous Owner : CONTINENTAL HOMES OF TEXAS LP
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: San Marcos Consolidated Independent School District
  • School Tax School District: SSM,WEU,WUS
  • Census Tract: 010603

Geography

  • Parcel: R164279
  • Lot: 75
  • Municipality: CITY OF SAN MARCOS
  • Latitude: 29.877
  • Longitude: -97.9764

    Address

  • Full Address: 1308 Madrid Trce
  • Address - House Number: 1308
  • Address - Street Name: Madrid
  • Address - Suffix Type: Trce
  • State: TX
  • City Name: San Marcos
  • Carrier Code: C021
  • 4-Digit Zip Code: 2871
  • Zip Code: 78666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,560
  • Tax Rate Code Area: CAD,CSM,GH

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 530,607
  • High Value: 648,943
  • Low Value: 412,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,751
  • First Open Lien Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Loan Amount: $338,751
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $564,430
  • Market Land Value: $102,660
  • Market Improvement Value: $461,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,037
  • Assessed Land Value: $102,660
  • Assessed Improvements Value: $461,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Transaction ID: 11772800277
  • Current Sale Price: $343,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20028099

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: Jul 09, 2020
  • First Mortgage Loan Amount: $338,751
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

About Hays



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Frequently Asked Questions

What neighborhood is 1308 Madrid Trace located in?
The 1308 Madrid Trace is a house located in the neighborhood of San Marcos in Hays, San Marcos.
What is the average sales price for listings in 1308 Madrid Trace?
The average sales price for units in 1308 Madrid Trace is $0 currently.

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