Check Availability
$342,000 - $416,000
House - In Contract

1721 Lake Way Drive

Little Elm, TX 75068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1871 Sqft
Sold Feb 05, 2024
$332,500
$250,000 by Republic State Mortgage Co.
Mortgage Due Mar 01, 2054
Sold Nov 14, 2013
$100,000
$80,000 by Green Tree Servicing Llc
Mortgage Due Dec 01, 2043

About This Property

***JUST LIKE NEW*** Nestled near Lake Lewisville, this thoughtfully updated 3-bedroom, 2-bathroom home welcomes you with a fresh and modern aesthetic, with all-new paint and flooring throughout. The neutral colors create a tranquil atmosphere and the spacious living area is the perfect setting for relaxation or entertaining guests. Upgraded flooring enhances the elegance of the space, providing a stylish foundation for your home decor.  The heart of this home is the kitchen, boasting new quartz marble countertops, and painted cabinets with ample storage. A dedicated dining area, perfect for enjoying family meals or hosting intimate gatherings, is just off the kitchen. Three bedrooms offer comfort and privacy, each featuring ample closet space. Proximity to the lake means you're moments away from recreational opportunities, whether it's a lakeside stroll or water activities. ***2% 'flex' cash for rate buy-down or closing costs with full price offer.***

The manager has listed the unit size as 1871 square feet.
Unit Size
1,871Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
$186
Year Built
2005
Listed By

Price History

Date / Event Date Event Price
Jan 13, 2024 In contract -
In contract
Dec 28, 2023 Listed $379,900
Listed
Nov 14, 2013 Sold $100,000
Sold

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,051
  • Total Building Area: 2,327
  • Gross Building Area: 2,327
  • Building Area: 1,871
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,871
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALOMA CREEK LAKEVIEW PH 1
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALOMA CREEK LAKEVIEW PH 1 BLK H LOT 16

Ownership

  • Current Owner : AYER KATHLEEN MARIE
  • Previous Owner : LAKEWAY TRUST
  • Owner Before Previous Owner: LAKEWAY TRUST
  • Owner Before Previous Owner 2: BRUNELL ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Denton Independent School District
  • Census Tract: 020136

Geography

  • Assessors Map Reference: 531-F
  • Parcel: R282649
  • Block: H
  • Lot: 16
  • Municipality: LITTLE ELM
  • Latitude: 33.2045
  • Longitude: -96.9515

    Address

  • Full Address: 1721 Lake Way Dr
  • Address - House Number: 1721
  • Address - Street Name: Lake Way
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Little Elm
  • Carrier Code: R016
  • 4-Digit Zip Code: 8420
  • Zip Code: 75068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,840
  • Tax Rate Code Area: W18

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 370,828
  • High Value: 443,888
  • Low Value: 297,768

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: REPUBLIC STATE MORTGAGE CO.
  • First Open Lien Mortgage Recording Date: Feb 05, 2024
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $371,813
  • Market Land Value: $90,765
  • Market Improvement Value: $281,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,813
  • Assessed Land Value: $90,765
  • Assessed Improvements Value: $281,048

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Transaction ID: 11920454267
  • Current Sale Price: $332,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11564
  • Previous Sale Recording Date: Nov 14, 2013
  • Previous Sale Contract Date: Nov 06, 2013
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC STATE MORTGAGE CO.
  • First Mortgage Transaction Date: Feb 05, 2024
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: GREEN TREE SERVICING LLC
  • Previous Mortgage Transaction Date: Nov 14, 2013
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,013 ft²
$194/ft²
$390,000 Oct 5, 2023
-
$215/mo
House
3 Beds
2 Baths
1,724 ft²
$235/ft²
$404,500 Sep 30, 2023
-
$186/mo
House
3 Beds
2 Baths
1,612 ft²
$231/ft²
$373,000 Nov 18, 2023
-
$213/mo
House
3 Beds
2 Baths
2,113 ft²
$196/ft²
$415,000 Nov 17, 2023
-
$213/mo
House
3 Beds
2 Baths
1,602 ft²
$231/ft²
$369,999 Nov 2, 2023
-
$625/mo
House
3 Beds
3 Baths
2,258 ft²
$177/ft²
$400,000 Oct 19, 2023
-
$212/mo
House
3 Beds
3 Baths
2,194 ft²
$168/ft²
$369,000 Oct 5, 2023
-
$213/mo
House
3 Beds
2.5 Baths
2,365 ft²
$190/ft²
$450,000 Jan 7, 2024
-
$625/mo
House
3 Beds
1 Bath
1,628 ft²
$257/ft²
$419,000 Jan 8, 2024
-
-
House
3 Beds
2 Baths
1,668 ft²
$257/ft²
$429,000 Aug 9, 2023
-
-
House
4 Beds
2 Baths
1,838 ft²
$201/ft²
$369,999 Oct 18, 2023
-
$625/mo
House
4 Beds
2 Baths
1,838 ft²
$215/ft²
$395,999 Nov 18, 2023
-
$625/mo

About Paloma Creek Lakeview


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Frequently Asked Questions

When was property at 1721 Lake Way Drive built and last sold?
The property at 1721 Lake Way Drive was built in 2005 and last sold on Feb 1, 2024 for $332,500.
How much is this home worth?
The estimated value of the home located at 1721 Lake Way Drive is $382,512.
What are some comparable homes to 1721 Lake Way Drive?
Homes that are comparable to 1721 Lake Way Drive include a house property at 2025 Lake Vista Drive, 2024 Lake Vista Drive, 801 Lake Forest Trail.

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