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7016 Colony Loop Drive

7016 Colony Loop Drive, Austin, TX 78724
Sold Sep 23, 1996
$76,400
$66,667 by Sterling Capital Mtg Company
Mortgage Due Oct 01, 2026
7016 Colony Loop Drive in Austin, TX was first built in 1996 and is 28 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7016 Colony Loop Drive has 1,430 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. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 9,051 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. 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. The property was last sold in Sep 19, 1996 for $76,400. That's $41.75 per sqft. 7016 Colony Loop Drive was last assessed in 2023. The total value of the property was assessed at $189,951. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $578. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,051
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWS OF WALNUT CREEK SEC 5THE
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 19 BLK V MEADOWS OF WALNUT CREEK SEC 5THE

Ownership

  • Current Owner : CRAYTON RALPH JOE
  • Current Owner 2: CRAYTON CYNTHIA KAYE
  • Previous Owner : RITES OF PASSAGE DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002222

Geography

  • Assessors Map Reference: 0219360101
  • Account Number: 215702
  • Parcel: 215702
  • Block: V
  • Lot: 19
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3022
  • Longitude: -97.6382

    Address

  • Full Address: 7016 Colony Loop Dr
  • Address - House Number: 7016
  • Address - Street Name: Colony Loop
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C054
  • 4-Digit Zip Code: 3695
  • Zip Code: 78724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $578
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 437,756
  • High Value: 544,761
  • Low Value: 330,751

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $76,367
  • First Open Lien Mortgage Lender: STERLING CAPITAL MTG COMPANY
  • First Open Lien Mortgage Recording Date: Sep 23, 1996
  • First Open Lien Mortgage Loan Amount: $66,667
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2026
  • Second Open Lien Mortgage Recording Date: Sep 23, 1996
  • Second Open Lien Mortgage Loan Amount: $9,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $407,731
  • Market Land Value: $75,000
  • Market Improvement Value: $332,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,951

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 1996
  • Current Sale Recording Date: Sep 23, 1996
  • Current Sale Transaction ID: 1170443269
  • Current Sale Price: $76,400
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING CAPITAL MTG COMPANY
  • First Mortgage Transaction Date: Sep 23, 1996
  • First Mortgage Loan Amount: $66,667
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2026
  • Second Mortgage Loan Amount: $9,700

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Frequently Asked Questions

What neighborhood is 7016 Colony Loop Drive located in?
The 7016 Colony Loop Drive is a located in the neighborhood of Meadows of Walnut Creek in Meadows of Walnut Creek, Austin.
What is the average sales price for listings in 7016 Colony Loop Drive?
The average sales price for units in 7016 Colony Loop Drive is $0 currently.

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