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12516 Shale Lane

12516 Shale Lane, Denton, TX 76207
Property in Justin-Roanoke
Sold Nov 04, 2020
$512,900
$410,306 by First United Bank & Trust Co
Mortgage Due Dec 01, 2050
12516 Shale Lane in Denton, TX was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. 12516 Shale Lane has 2,340 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. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 868 sqft. There are a total of 3 available parking spaces. 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, 12516 Shale Lane was last sold in Nov 3, 2020 for $512,900. According to our calculations, that's $159.88 per sqft. Current property owners are expected to pay $10,642 in taxes per year. The property on 12516 Shale Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $557,372. To break that down further, the land itself was valued at $114,998. While improvements to the property were assessed at a total of $532,372. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 868
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,208
  • Gross Building Area: 3,208
  • Building Area: 2,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBSON RANCH UNIT 28-1
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROBSON RANCH UNIT 28-1 BLK I LOT 35

Ownership

  • Current Owner : MORRISON ROBERT L
  • Current Owner 2: MORRISON LORI L
  • Previous Owner : ROBSON DENTON DEVELOPMENT LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Denton Independent School District
  • Census Tract: 020310

Geography

  • Parcel: R751933
  • Block: I
  • Lot: 35
  • Municipality: DENTON
  • Latitude: 33.1457
  • Longitude: -97.2572

    Address

  • Full Address: 12516 Shale Ln
  • Address - House Number: 12516
  • Address - Street Name: Shale
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Denton
  • Carrier Code: R047
  • 4-Digit Zip Code: 1868
  • Zip Code: 76207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,642
  • Tax Rate Code Area: S05

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 568,899
  • High Value: 677,835
  • Low Value: 459,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,306
  • First Open Lien Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $410,306
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $647,370
  • Market Land Value: $114,998
  • Market Improvement Value: $532,372

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,372
  • Assessed Land Value: $114,998
  • Assessed Improvements Value: $532,372

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11798170518
  • Current Sale Price: $512,900
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-178823

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $410,306
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Dec 01, 2050

About Denton



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Frequently Asked Questions

What neighborhood is 12516 Shale Lane located in?
The 12516 Shale Lane is a located in the neighborhood of Justin-Roanoke in Denton, Denton.
What is the average sales price for listings in 12516 Shale Lane?
The average sales price for units in 12516 Shale Lane is $0 currently.

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