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7418 Reed Drive

7418 Reed Drive, Leander, TX 78641
House in Lake Travis
Sold Nov 02, 2020
$834,700
$667,725 by Southstar Bank Ssb
Mortgage Due Nov 01, 2050
Sold Oct 23, 2017
$562,400
$449,900 by Cecil E Martin
Mortgage
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Local assessors in Leander, TX have categorized 7418 Reed Drive as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 21,636 square feet. 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 7418 Reed Drive has a total of 1,636 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 fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. 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, 7418 Reed Drive was last sold in Oct 30, 2020 for $834,700. According to our calculations, that's $510.21 per sqft. Prior to that sales transaction, the property was sold for $562,400 in Oct 19, 2017. Current property owners are expected to pay $12,372 in taxes per year. The property on 7418 Reed Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $755,414. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • 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: 21,636
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,636
  • Gross Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE TRAVIS SUBD NO 4
  • Land Acres: 0.497
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 24 LAKE TRAVIS SUBD NO 4

Ownership

  • Current Owner : STAHL KRAIG DANIEL
  • Current Owner 2: STAHL LEAH MICHELE
  • Previous Owner : DASHNAW JEFFREY
  • Previous Owner 2: DASHNAW JOY
  • Owner Before Previous Owner: MARTIN CECIL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Leander Independent School District
  • School Tax School District: LEANDER ISD
  • Census Tract: 035600

Geography

  • Assessors Map Reference: 0166530406
  • Account Number: 169166
  • Parcel: 169166
  • Lot: 24
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.434
  • Longitude: -97.9064

    Address

  • Full Address: 7418 Reed Dr
  • Address - House Number: 7418
  • Address - Street Name: Reed
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Volente
  • Carrier Code: R003
  • 4-Digit Zip Code: 9149
  • Zip Code: 78641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,372
  • Tax Rate Code Area: 71

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 1,080,438
  • High Value: 1,338,546
  • Low Value: 822,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $667,725
  • First Open Lien Mortgage Lender: SOUTHSTAR BANK SSB
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $667,725
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $881,866
  • Market Land Value: $170,100
  • Market Improvement Value: $711,766

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $755,414

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11820586889
  • Current Sale Price: $834,700
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020209682
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Contract Date: Oct 19, 2017
  • Previous Sale Amount: $562,400
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHSTAR BANK SSB
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $667,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CECIL E MARTIN
  • Previous Mortgage Transaction Date: Oct 23, 2017
  • Previous Mortgage Loan Amount: $449,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 7418 Reed Drive located in?
The 7418 Reed Drive is a house located in the neighborhood of Lake Travis in Lake Travis, Leander.
What is the average sales price for listings in 7418 Reed Drive?
The average sales price for units in 7418 Reed Drive is $0 currently.

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