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1786 Lago Vista

1786 Lago Vista, Little Elm, TX 75068
Multifamily in Arbor Creek
Sold Mar 26, 2021
$162,500
$130,000 by Absolute Mortgage & Lending
Mortgage Due Apr 01, 2051
Sold Feb 05, 2008
$110,000
$87,970 by Countrywide Bank Fsb
Mortgage Due Feb 01, 2038
Local assessors in Little Elm, TX have categorized 1786 Lago Vista as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 3,600 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1786 Lago Vista has a total of 1,232 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 226 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 25, 2021 for $162,500. That's $111.45 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2008 for $110,000. 1786 Lago Vista was last assessed in 2023. The total value of the property was assessed at $238,000. Specifically, the land the property is located on was valued at $50,400. While improvements on the property were assessed at a total of $187,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,776. The initial tax year of delinquency was in 2018. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 226
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,458
  • Gross Building Area: 1,458
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR CREEK (LITTLE ELM)
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ARBOR CREEK (LITTLE ELM) BLK D LOT 7

Ownership

  • Current Owner : TRUONG YEN
  • Previous Owner : KAPP ROGER L
  • Previous Owner 2: KAPP MELISSA
  • Owner Before Previous Owner: SOUTHWEST SECURITIES FSB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Little Elm Independent School District
  • Census Tract: 020127

Geography

  • Assessors Map Reference: 532-Y
  • Parcel: R243570
  • Block: D
  • Lot: 7
  • Municipality: TOWN OF LITTLE ELM
  • Latitude: 33.1638
  • Longitude: -96.9089

    Address

  • Full Address: 1786 Lago Vis
  • Address - House Number: 1786
  • Address - Street Name: Lago
  • Address - Suffix Type: Vis
  • State: TX
  • City Name: Little Elm
  • Carrier Code: R005
  • 4-Digit Zip Code: 6307
  • Zip Code: 75068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,776
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: S10

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 252,318
  • High Value: 303,539
  • Low Value: 201,096

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: ABSOLUTE MORTGAGE & LENDING
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $238,000
  • Market Land Value: $50,400
  • Market Improvement Value: $187,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,000
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $187,600

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11828999145
  • Current Sale Price: $162,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021-053059
  • Previous Sale Recording Date: Feb 05, 2008
  • Previous Sale Contract Date: Jan 30, 2008
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: ABSOLUTE MORTGAGE & LENDING
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Feb 05, 2008
  • Previous Mortgage Loan Amount: $87,970
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2038

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Frequently Asked Questions

What neighborhood is 1786 Lago Vista located in?
The 1786 Lago Vista is a multifamily located in the neighborhood of Arbor Creek in Arbor Creek, Little Elm.
What is the average sales price for listings in 1786 Lago Vista?
The average sales price for units in 1786 Lago Vista is $0 currently.

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