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324 West Redbud Lane

324 West Redbud Lane, Lancaster, TX 75146
Sold Apr 13, 1995
$111,300
$89,000 by Fleet Mtg
Mortgage Due May 01, 2025
324 West Redbud Lane in Lancaster, TX was first built in 1920 and is 104 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 324 West Redbud Lane has 2,246 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 77,300 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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 and being fueled with gas. 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, 324 West Redbud Lane sold most recently in Apr 10, 1995 for a total of $111,300. If you work out the math, that's approximately a cost of $49.55 per sqft. 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 $5,202 in taxes each year. 324 West Redbud Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $350,310. If we break it down further, the land itself was valued at $173,930. Improvements to the property, however, were assessed at a total of $176,380. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 77,300
  • Total Building Area: 2,246
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,246
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORIG TOWN LANCASTER
  • Land Acres: 1.775
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIG TOWN LANCASTER BLK 42 LT 2 249.2X222.2X52XAVG VOL96203/2470 DD092696 CO-DALLAS 0005004200200 23600050042

Ownership

  • Current Owner : BAXTER SCOTT A
  • Current Owner 2: BAXTER ARISSE ANN
  • Previous Owner : REED ROARK M
  • Previous Owner 2: REED DIANE G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lancaster Independent School District
  • School Tax School District: LANCASTER ISD
  • Census Tract: 016803

Zoning

  • Zoning: Z353

Geography

  • Assessors Map Reference: 360005004200200
  • Account Number: 360005004200200
  • Subdivision Tract Number: 50
  • Parcel: 36-00050-042-002-0000
  • Block: 42
  • Lot: 2
  • Municipality: LANCASTER
  • Latitude: 32.5901
  • Longitude: -96.7596

    Address

  • Full Address: 324 W Redbud Ln
  • Address - House Number: 324
  • Street Direction: W
  • Address - Street Name: Redbud
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Lancaster
  • Carrier Code: C001
  • 4-Digit Zip Code: 3128
  • Zip Code: 75146

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,202
  • Tax Rate Code Area: LS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 374,334
  • High Value: 452,700
  • Low Value: 295,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,000
  • First Open Lien Mortgage Lender: FLEET MTG
  • First Open Lien Mortgage Recording Date: Apr 13, 1995
  • First Open Lien Mortgage Loan Amount: $89,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $350,310
  • Market Land Value: $173,930
  • Market Improvement Value: $176,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,310
  • Assessed Land Value: $173,930
  • Assessed Improvements Value: $176,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 1995
  • Current Sale Recording Date: Apr 13, 1995
  • Current Sale Transaction ID: 1203824608
  • Current Sale Price: $111,300
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLEET MTG
  • First Mortgage Transaction Date: Apr 13, 1995
  • First Mortgage Loan Amount: $89,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2025

About Lancaster Historic District



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Frequently Asked Questions

What neighborhood is 324 West Redbud Lane located in?
The 324 West Redbud Lane is a located in the neighborhood of Lancaster Historic District in Lancaster Historic District, Lancaster.
What is the average sales price for listings in 324 West Redbud Lane?
The average sales price for units in 324 West Redbud Lane is $0 currently.

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