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204 Falling Water Drive

204 Falling Water Drive, Plano, TX 75072
House in Kings Lake
Sold Aug 13, 2020
$1,734,400
$1,387,500 by Wells Fargo Bank Na
Mortgage
Sold Feb 16, 2006
$375,000
$300,000 by First United Bank
Mortgage Due Feb 01, 2007
Local assessors in Plano, TX have categorized 204 Falling Water Drive 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 35,969 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 204 Falling Water Drive has a total of 7,066 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 1,022 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Lots of brick 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. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 204 Falling Water Drive sold most recently in Aug 12, 2020 for a total of $1,734,400. If you work out the math, that's approximately a cost of $214.44 per sqft. Before that, the property was also sold for $375,000 in Feb 3, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $38,526 in taxes each year. 204 Falling Water Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,157,644. If we break it down further, the land itself was valued at $905,625. Improvements to the property, however, were assessed at a total of $1,804,291. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

Attached Garage
Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 3
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,022
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,969
  • Total Building Area: 8,088
  • Gross Building Area: 9,454
  • Building Area: 7,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,066
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGS LAKE (CMC)
  • Land Acres: 0.826
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KINGS LAKE (CMC), BLK A, LOT 27

Ownership

  • Current Owner : PRATT DERRICK
  • Current Owner 2: PRATT JANINE
  • Previous Owner : FERGUSON JIM
  • Previous Owner 2: FERGUSON CHAROLYN
  • Owner Before Previous Owner: G G CAIN CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030531

Geography

  • Assessors Map Reference: 538-J
  • District: CMC
  • Parcel: R-8181-00A-0270-1
  • Block: A
  • Lot: 27
  • Municipality: MCKINNEY CITY
  • Latitude: 33.1953
  • Longitude: -96.702

    Address

  • Full Address: 204 Falling Water Dr
  • Address - House Number: 204
  • Address - Street Name: Falling Water
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R033
  • 4-Digit Zip Code: 8776
  • Zip Code: 75072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,526
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,870,278
  • High Value: 2,278,645
  • Low Value: 1,461,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,387,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $1,387,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,709,916
  • Market Land Value: $905,625
  • Market Improvement Value: $1,804,291

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,157,644
  • Assessed Land Value: $905,625
  • Assessed Improvements Value: $1,804,291

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Transaction ID: 11781756725
  • Current Sale Price: $1,734,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20200813001322840
  • Previous Sale Recording Date: Feb 16, 2006
  • Previous Sale Contract Date: Feb 03, 2006
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 13, 2020
  • First Mortgage Loan Amount: $1,387,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNITED BANK
  • Previous Mortgage Transaction Date: Feb 16, 2006
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2007

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Frequently Asked Questions

What neighborhood is 204 Falling Water Drive located in?
The 204 Falling Water Drive is a house located in the neighborhood of Kings Lake in Stonebridge Ranch, Plano.
What is the average sales price for listings in 204 Falling Water Drive?
The average sales price for units in 204 Falling Water Drive is $0 currently.

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