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518 Melody Lane

518 Melody Lane, Amarillo, TX 79118
House in Canyon
518 Melody Lane in Amarillo, TX was first built in 2019 and is 7 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a property type. There are a total of 150 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 518 Melody Lane has 3,706 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 16,553 square feet.

Learn more about the property and building on this page. There is a . The roof of the home is made of . For those who need parking, there is a . The garage is 576 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as . The exterior walls of the home are made of . While the interior walls are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 518 Melody Lane was last sold in Oct 10, 2019 for $358,800. According to our calculations, that's $114.89 per sqft. Prior to that sales transaction, the property was sold for $62,500 in Oct 22, 2018. Current property owners are expected to pay $582,043 in taxes per year. The property on 518 Melody Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $540,996. To break that down further, the land itself was valued at $34,500. While improvements to the property were assessed at a total of $506,496. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240524
05/24/2024
3 Bed
2.5 Bath
3123 ft²
$825,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
3123 ft²
-
-
Lori Horner Realty Group
Lori Horner Realty Group


Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,123
  • Gross Building Area: 3,123
  • Building Area: 3,123
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,706
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE TANGLEWOOD
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: R2S
  • Legal Description 1: LAKE TANGLEWOOD, LOT 022, BLK 0005, 0.3800 ACRES

Neighborhood

  • School District Name: Canyon Independent School District
  • School Tax School District: CANYON ISD
  • School Tax District Code 2: RANDALL COUNTY
  • Census Tract: 021900

Geography

  • Assessors Map Reference: MAP Q22
  • Account Number: R142177
  • Parcel: R-044-3900-1680
  • Block: 5
  • Lot: 22
  • Municipality: AMARILLO
  • Latitude: 35.049
  • Longitude: -101.778

    Address

  • Full Address: 518 Melody Dr
  • Address - House Number: 518
  • Address - Street Name: Melody
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Amarillo
  • Carrier Code: R008
  • 4-Digit Zip Code: 9336
  • Zip Code: 79118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582,043
  • Tax Rate Code Area: R,E

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 647,736
  • High Value: 774,125
  • Low Value: 521,347

    Market Valuation

  • Market Total Value: $540,996
  • Market Land Value: $34,500
  • Market Improvement Value: $506,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,996
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $506,496

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 15, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019018231
  • Previous Sale Recording Date: Oct 23, 2018
  • Previous Sale Contract Date: Oct 22, 2018
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lake Tanglewood



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Frequently Asked Questions

What neighborhood is 518 Melody Lane located in?
The 518 Melody Lane is a house located in the neighborhood of Canyon in Lake Tanglewood, Amarillo.
What is the average sales price for listings in 518 Melody Lane?
The average sales price for units in 518 Melody Lane is $0 currently.