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7038 Krause Drive

7038 Krause Drive, Missouri City, TX 77489
Property in Briargate
Sold Jun 27, 2005
$97,000
$77,600 by Option One Mortgage Corp
Mortgage Due Jul 01, 2035
Sold Jun 23, 2005
Transfer
$19,400 by Option One Mortgage Corp
Mortgage Due Jul 01, 2035
Local assessors in Missouri City, TX have categorized 7038 Krause Drive as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 8,175 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7038 Krause Drive has a total of 1,444 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7038 Krause Drive sold most recently in Jun 23, 2005 for a total of $97,000. If you work out the math, that's approximately a cost of $52.60 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $977 in taxes each year. 7038 Krause Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $137,720. Improvements to the property, however, were assessed at a total of $151,804. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • 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: 8,175
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,844
  • Gross Building Area: 1,844
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIARGATE SEC 6
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIARGATE SEC 6, BLOCK 3, LOT 87

Ownership

  • Current Owner : JACK LACRETIA
  • Current Owner 2: CARTER THOMAS J
  • Previous Owner : JOHNSON WALTER J
  • Owner Before Previous Owner: JOHNSON WALTER J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Bend Independent School District
  • School Tax School District: C05 S07 G01 D01
  • Census Tract: 670300

Geography

  • Assessors Map Reference: Z-088
  • Section: 6
  • Parcel: 2150-06-003-0870-907
  • Block: 3
  • Lot: 87
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.5948
  • Longitude: -95.4921

    Address

  • Full Address: 7038 Krause Dr
  • Address - House Number: 7038
  • Address - Street Name: Krause
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Missouri City
  • Carrier Code: R019
  • 4-Digit Zip Code: 3454
  • Zip Code: 77489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $977
  • Tax Rate Code Area: S07

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 73
  • Final Value: 233,827
  • High Value: 280,147
  • Low Value: 187,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,600
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 27, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $77,600
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $204,804
  • Market Land Value: $53,000
  • Market Improvement Value: $151,804

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,720
  • Assessed Improvements Value: $151,804

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2005
  • Current Sale Recording Date: Jun 27, 2005
  • Current Sale Transaction ID: 1148731296
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005075380
  • Previous Sale Recording Date: Jun 23, 2005
  • Previous Sale Contract Date: Jun 23, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 27, 2005
  • First Mortgage Loan Amount: $77,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 23, 2005
  • Previous Mortgage Loan Amount: $19,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Southwest Houston



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Frequently Asked Questions

What neighborhood is 7038 Krause Drive located in?
The 7038 Krause Drive is a located in the neighborhood of Briargate in Southwest Houston, Missouri City.
What is the average sales price for listings in 7038 Krause Drive?
The average sales price for units in 7038 Krause Drive is $0 currently.

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