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296 Spence Lane

296 Spence Lane, Elgin, TX 78621
Property in Elgin
Sold Aug 17, 2006
$135,400
$115,650 by Nations Lending Corporation
Mortgage Due Apr 01, 2042
Local assessors in Elgin, TX have categorized 296 Spence Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 266,544 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. 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 296 Spence Lane has a total of 1,512 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. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The property was last sold in Aug 13, 2006 for $135,400. That's $89.55 per sqft. 296 Spence Lane was last assessed in 2023. The total value of the property was assessed at $269,916. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,364. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 266,544
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINS, JAMES
  • Land Acres: 6.119
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: A288 RAINS, JAMES, ACRES 6.1190 (28X56 REDMAN, SERIAL# 12326258A/B, PFS0475836/37) ACRES 6.1190

Ownership

  • Current Owner : JACKSON ROBERTA LYNN
  • Previous Owner : MCDAVID RON
  • Previous Owner 2: MCDAVID DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elgin Independent School District
  • School Tax School District: TCESD
  • Census Tract: 950102

Geography

  • Assessors Map Reference: 29-A
  • Parcel: R59515
  • Municipality: ELGIN
  • Latitude: 30.3061
  • Longitude: -97.3164

    Address

  • Full Address: 296 Spence Ln
  • Address - House Number: 296
  • Address - Street Name: Spence
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Elgin
  • Carrier Code: R011
  • 4-Digit Zip Code: 5052
  • Zip Code: 78621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,364
  • Tax Rate Code Area: S01

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 374,440
  • High Value: 460,807
  • Low Value: 288,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,650
  • First Open Lien Mortgage Lender: NATIONS LENDING CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $115,650
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $334,746
  • Market Land Value: $235,451
  • Market Improvement Value: $99,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,916

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2006
  • Current Sale Recording Date: Aug 17, 2006
  • Current Sale Transaction ID: 1116793768
  • Current Sale Price: $135,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200612551

    Last Sale Mortgage

  • First Mortgage Lender: SCME MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Aug 17, 2006
  • First Mortgage Loan Amount: $108,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Bastrop



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Nearby Rentals

Unit for rent at 106 Arbor Point Dr, Elgin, TX, 78621

$2,850 /mo

  • 4 Beds
  • 3 Baths
  • 3,716 ft²
106 Arbor Point Dr, Elgin, TX, 78621 Listing by RH Advisors TX

Frequently Asked Questions

What neighborhood is 296 Spence Lane located in?
The 296 Spence Lane is a located in the neighborhood of Elgin in Bastrop, Elgin.
What is the average sales price for listings in 296 Spence Lane?
The average sales price for units in 296 Spence Lane is $0 currently.

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