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542 Peavy Road

542 Peavy Road, Dallas, TX 75218
Sold May 03, 2019
$450,000
$364,000 by First National Bank
Mortgage Due Sep 01, 2050
Sold Dec 30, 2014
$318,000
$254,400 by Home Federal Bank
Mortgage Due Jan 01, 2045
542 Peavy Road has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 Peavy Road has 1,877 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 9,608 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in May 1, 2019 for $450,000. That's $239.74 per sqft. Prior to that sales transaction, the property was also sold in Dec 30, 2014 for $318,000. 542 Peavy Road was last assessed in 2023. The total value of the property was assessed at $469,420. Specifically, the land the property is located on was valued at $389,120. While improvements on the property were assessed at a total of $80,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,884. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Concrete Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,608
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,877
  • Building Area: 1,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,877
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE HIGHLANDS ESTATES 4
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HIGHLANDS ESTATES 4 BLK N/6134 LT 13 INT201900112045 DD05012019 CO-DC 6134 00N 01300 3DA6134 00N

Ownership

  • Current Owner : FUQUA BENJAMIN
  • Current Owner 2: FUQUA KATHERINE
  • Previous Owner : HOPKINS CARTER DEVONE
  • Previous Owner 2: HOPKINS AUBREY MARIE
  • Owner Before Previous Owner: FRANKENBERG CASEY
  • Owner Before Previous Owner 2: FRANKENBERG MEGAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012900

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000005191840000
  • Account Number: 000005191840000
  • Parcel: 00-00051-918-400-0000
  • Block: N/613
  • Lot: 13
  • Municipality: DALLAS
  • Latitude: 32.8509
  • Longitude: -96.7133

    Address

  • Full Address: 542 Peavy Rd
  • Address - House Number: 542
  • Address - Street Name: Peavy
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Dallas
  • Carrier Code: C032
  • 4-Digit Zip Code: 2121
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,884
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 663,584
  • High Value: 843,100
  • Low Value: 484,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $364,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $469,420
  • Market Land Value: $389,120
  • Market Improvement Value: $80,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,420
  • Assessed Land Value: $389,120
  • Assessed Improvements Value: $80,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Transaction ID: 11607098282
  • Current Sale Price: $450,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900112045
  • Previous Sale Recording Date: Dec 30, 2014
  • Previous Sale Contract Date: Dec 30, 2014
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: May 03, 2019
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HOME FEDERAL BANK
  • Previous Mortgage Transaction Date: Dec 30, 2014
  • Previous Mortgage Loan Amount: $254,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

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Frequently Asked Questions

What neighborhood is 542 Peavy Road located in?
The 542 Peavy Road is a house located in the neighborhood of Old Lake Highlands in Northeast Dallas, Dallas.
What is the average sales price for listings in 542 Peavy Road?
The average sales price for units in 542 Peavy Road is $0 currently.

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