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651 Majestic Oak Lane

651 Majestic Oak Lane, Waxahachie, TX 75165
Property in Waxahachie
Sold Aug 21, 2023
Transfer
$404,000 by Fbc Mortgage, Llc
Mortgage Due Sep 01, 2053
651 Majestic Oak Lane has been categorized by the local assessors in Waxahachie, TX as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The building has a total of 2 stories. In addition, 651 Majestic Oak Lane has 2,987 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,811 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 attached garage for those who require parking. The garage measured 564 sqft. Residents will have the luxury of enjoying a unknown. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. 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. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $0 in taxes per year. The property on 651 Majestic Oak Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $278,380. To break that down further, the land itself was valued at $44,000. While improvements to the property were assessed at a total of $234,380. 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.

Building Features

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 564
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,811
  • Total Building Area: 3,551
  • Gross Building Area: 3,884
  • Building Area: 2,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE OAKS OF NORTH GROVE PH 1
  • Land Acres: 0.179
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 33 BLK C THE OAKS OF NORTH GROVE PH 1 0.1793 AC

Ownership

  • Current Owner : STROUD JAMES
  • Current Owner 2: STROUD SARAH
  • Previous Owner : TRI POINTE HOMES DFW LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Waxahachie Independent School District
  • Census Tract: 060212

Geography

  • Parcel: 292604
  • Block: C
  • Lot: 33
  • Latitude: 32.4322
  • Longitude: -96.8159

    Address

  • Full Address: 651 Majestic Oak Ln
  • Address - House Number: 651
  • Address - Street Name: Majestic Oak
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Waxahachie
  • Carrier Code: R026
  • 4-Digit Zip Code: 9501
  • Zip Code: 75165

Valuation

    Tax

  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 503,060
  • High Value: 586,941
  • Low Value: 419,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,000
  • First Open Lien Mortgage Lender: FBC MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Loan Amount: $404,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $278,380
  • Market Land Value: $44,000
  • Market Improvement Value: $234,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,380
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $234,380

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Transaction ID: 11911439981
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 24634

    Last Sale Mortgage

  • First Mortgage Lender: FBC MORTGAGE, LLC
  • First Mortgage Transaction Date: Aug 21, 2023
  • First Mortgage Loan Amount: $404,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

About Waxahachie



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Frequently Asked Questions

What neighborhood is 651 Majestic Oak Lane located in?
The 651 Majestic Oak Lane is a located in the neighborhood of Waxahachie in Waxahachie, Waxahachie.
What is the average sales price for listings in 651 Majestic Oak Lane?
The average sales price for units in 651 Majestic Oak Lane is $0 currently.

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