1359 County Rd 195

1359 County Rd 195 has been categorized by the local assessors in Gorman, TX as a type of property. The building on the property was first built in 2015 and is 11 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 1359 County Rd 195 has 512 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 5,773,007 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. 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, 1359 County Rd 195 was last sold in Oct 31, 2014 for $264,500. According to our calculations, that's $36.55 per sqft. Prior to that sales transaction, the property was sold for $208,800 in Jan 1, 1970. Current property owners are expected to pay $398,670 in taxes per year. The property on 1359 County Rd 195 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $301,347. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.