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1394 Lower Red Rock Road

1394 Lower Red Rock Road, Bastrop, TX 78602
Sold Aug 19, 2021
$532,100
$525,000 by Finance Of America Reverse Llc
Mortgage
1394 Lower Red Rock Road in Bastrop, TX was first built in 2015 and is 9 years old. This has been categorized as a residential property type. It is a single story home. 1394 Lower Red Rock Road has 1,824 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 161,433 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of metal. For those who need parking, there is a detached garage. The garage is 720 sqft. There are a total of 3 available parking spaces. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1394 Lower Red Rock Road was last sold in Aug 5, 2021 for $532,100. According to our calculations, that's $291.72 per sqft. Current property owners are expected to pay $5,712 in taxes per year. The property on 1394 Lower Red Rock Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $540,695. To break that down further, the land itself was valued at $198,378. While improvements to the property were assessed at a total of $342,317. 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. 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.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

Parking

Off Street Parking
Parking Lot

Exterior

Masonry Exterior
Stone Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Wood
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 161,433
  • Total Building Area: 1,824
  • Gross Building Area: 2,112
  • Building Area: 1,824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOLFENBERGER, SAML
  • Land Acres: 3.706
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A339 - WOLFENBERGER, SAML, ACRES 3.706

Ownership

  • Current Owner : ORMAND WILLIAM CLYDE
  • Current Owner 2: ORMAND BARBARA ANN
  • Previous Owner : STERLING TERESA DALE
  • Previous Owner 2: STERLING JAMES ERNEST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bastrop Independent School District
  • Census Tract: 950302

Geography

  • Assessors Map Reference: 48-G
  • Parcel: R95060
  • Municipality: BASTROP
  • Latitude: 30.0107
  • Longitude: -97.4061

    Address

  • Full Address: 1394 Lower Red Rock Rd
  • Address - House Number: 1394
  • Address - Street Name: Lower Red Rock
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Bastrop
  • Carrier Code: R001
  • 4-Digit Zip Code: 3287
  • Zip Code: 78602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,712
  • Tax Rate Code Area: S04

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 65
  • Final Value: 705,242
  • High Value: 876,340
  • Low Value: 534,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Aug 19, 2021
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $540,695
  • Market Land Value: $198,378
  • Market Improvement Value: $342,317

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,695
  • Assessed Land Value: $198,378
  • Assessed Improvements Value: $342,317

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Transaction ID: 11850758858
  • Current Sale Price: $532,100
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202117776

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Mortgage Transaction Date: Aug 19, 2021
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Bastrop



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Frequently Asked Questions

What neighborhood is 1394 Lower Red Rock Road located in?
The 1394 Lower Red Rock Road is a house located in the neighborhood of Cedar Creek-Red Rock in Bastrop, Bastrop.
What is the average sales price for listings in 1394 Lower Red Rock Road?
The average sales price for units in 1394 Lower Red Rock Road is $0 currently.

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