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2116 Lancer Lane

2116 Lancer Lane, The Colony, TX 75056
Sold Oct 26, 2020
$570,000
$456,000 by Citizens Bank Na
Mortgage Due Nov 01, 2050
Sold Mar 24, 2010
$375,000
$300,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2025
2116 Lancer Lane in The Colony, TX was first built in 2009 and is 15 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2116 Lancer Lane has 4,231 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 9,131 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 2116 Lancer Lane sold most recently in Oct 22, 2020 for a total of $570,000. If you work out the math, that's approximately a cost of $121.46 per sqft. Before that, the property was also sold for $375,000 in Mar 22, 2010. 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 $13,196 in taxes each year. 2116 Lancer Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $759,000. If we break it down further, the land itself was valued at $169,322. Improvements to the property, however, were assessed at a total of $589,678. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Brick Exterior

Parking

Attached Garage
Open Parking
Oversized Parking
Garage Parking
Covered Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,131
  • Total Building Area: 4,693
  • Gross Building Area: 4,693
  • Building Area: 4,231
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,231
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASTLE HILLS PH V SEC A
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CASTLE HILLS PH V SEC A BLK I LOT 10

Ownership

  • Current Owner : HARK ELIZABETH B
  • Current Owner 2: BECKER PHILLIP N
  • Previous Owner : DAGA ARVIND
  • Previous Owner 2: DAGA ANURADHA
  • Owner Before Previous Owner: AMERICAN LEGEND HOMES LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021650

Geography

  • Assessors Map Reference: 631-J
  • Parcel: R529023
  • Block: I
  • Lot: 10
  • Municipality: LEWISVILLE
  • Latitude: 33.041
  • Longitude: -96.9194

    Address

  • Full Address: 2116 Lancer Ln
  • Address - House Number: 2116
  • Address - Street Name: Lancer
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: The Colony
  • Carrier Code: R075
  • 4-Digit Zip Code: 4225
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,196
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 812,507
  • High Value: 975,962
  • Low Value: 649,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Oct 26, 2020
  • First Open Lien Mortgage Loan Amount: $456,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $759,000
  • Market Land Value: $169,322
  • Market Improvement Value: $589,678

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $759,000
  • Assessed Land Value: $169,322
  • Assessed Improvements Value: $589,678

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Transaction ID: 11795208399
  • Current Sale Price: $570,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-171063
  • Previous Sale Recording Date: Mar 24, 2010
  • Previous Sale Contract Date: Mar 22, 2010
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Oct 26, 2020
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 24, 2010
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2025

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Frequently Asked Questions

What neighborhood is 2116 Lancer Lane located in?
The 2116 Lancer Lane is a house located in the neighborhood of Castle Hills in Castle Hills, The Colony.
What is the average sales price for listings in 2116 Lancer Lane?
The average sales price for units in 2116 Lancer Lane is $0 currently.

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