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6609 Old Gate Road

6609 Old Gate Road, Plano, TX 75024
Property in Kings Gate
Sold Mar 25, 2021
$6,030,000
$4,824,000 by Guaranty Bank & Trust Na
Mortgage Due Sep 24, 2037
Sold Nov 23, 2011
$375,000
$300,000 by Grand Bank
Mortgage
Local assessors in Plano, TX have categorized 6609 Old Gate Road as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 38,207 square feet. The linear feet between the front and back of the lot was measured at 10 ft and the front of the lot was measured at 382,070 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6609 Old Gate Road has a total of 9,353 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,618 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. The building has a hip style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 6609 Old Gate Road was last sold in Mar 19, 2021 for $6,030,000. According to our calculations, that's $549.63 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Nov 16, 2011. Current property owners are expected to pay $31,460 in taxes per year. The property on 6609 Old Gate Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,811,000. To break that down further, the land itself was valued at $430,956. While improvements to the property were assessed at a total of $1,380,044. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,618
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,207
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 382,070
  • Total Building Area: 10,971
  • Gross Building Area: 10,971
  • Building Area: 9,353
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 9,353
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGS GATE
  • Land Acres: 0.877
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KINGS GATE BLK A LOT 24

Ownership

  • Current Owner : SALINAS PAUL
  • Previous Owner : CHAPEL CREEK PROPERTIES LLC
  • Owner Before Previous Owner: MANDEL REAL ESTATE PARTNERS LTD

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021626

Geography

  • Parcel: R190191
  • Block: A
  • Lot: 24
  • Municipality: PLANO
  • Latitude: 33.0659
  • Longitude: -96.8504

    Address

  • Full Address: 6609 Old Gate Rd
  • Address - House Number: 6609
  • Address - Street Name: Old Gate
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Plano
  • Carrier Code: R043
  • 4-Digit Zip Code: 7409
  • Zip Code: 75024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,460
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,557,081
  • High Value: 1,811,341
  • Low Value: 1,302,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,824,000
  • First Open Lien Mortgage Lender: GUARANTY BANK & TRUST NA
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $4,824,000
  • First Open Lien Mortgage Term: 197
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 24, 2037

    Market Valuation

  • Market Total Value: $1,811,000
  • Market Land Value: $430,956
  • Market Improvement Value: $1,380,044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,811,000
  • Assessed Land Value: $430,956
  • Assessed Improvements Value: $1,380,044

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11826665954
  • Current Sale Price: $6,030,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-052723
  • Previous Sale Recording Date: Nov 23, 2011
  • Previous Sale Contract Date: Nov 16, 2011
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY BANK & TRUST NA
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $4,824,000
  • First Mortgage Terms: 197
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 24, 2037

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GRAND BANK
  • Previous Mortgage Transaction Date: Nov 23, 2011
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Kings Gate



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Frequently Asked Questions

What neighborhood is 6609 Old Gate Road located in?
The 6609 Old Gate Road is a located in the neighborhood of Kings Gate in Kings Gate, Plano.
What is the average sales price for listings in 6609 Old Gate Road?
The average sales price for units in 6609 Old Gate Road is $0 currently.

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