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1616 Lake Way Dr Little Elm, TX 75068 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$420K
$143.54/sqft
AVM Value
$456K
$155.74/sqft
AVM Value
$484K
$165.41/sqft
Value Range
$391K - $449K
Value Range
$426K - $486K
Value Range
$484,000
Confidence Score
93%

Margin of Error*: 7%
Confidence Score
93%

Margin of Error*: 7%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of Apr 2024.

4 Bed(s)
2 Full & 1 Half Bath(s)
2,926 Bldg Sqft.
6,054 Lot Sqft.

General Description

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1616 Lake Way Dr (currently not for sale) is located in Paloma Creek Lakeview subdivision in Denton County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 484,000/Appraisal District ($165/sqft.)
Address:
1616 Lake Way Dr
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
PALOMA CREEK LAKEVIEW PH 1 BLK A LOT 44
Bedrooms:
4 Bedroom(s)
Baths:
2 Full & 1 Half Bath(s)
Stories:
2 /Appraisal District
Building Sqft.:
2,926 /Appraisal District
Year Built:
2009 /Appraisal District
Lot Size:
6,054 Sqft.  /Appraisal District
Garage(s):
2


Rooms/Lot Dimensions

Room Count:
9
Primary Bedroom:
18 x 15, 2nd
Breakfast:
9 x 13, 1st
Kitchen:
13 x 9, 1st
Den:
11 x 12, 1st
Living:
18 x 16, 1st
Utility Room:
11 x 6, 1st
Bedroom:
12 x 12, 2nd
Bedroom:
10 x 14, 2nd
Bedroom:
10 x 12, 2nd



Interior Features

Number Of Living Area:
2
Floors:
Ceramic Tile, Wood
Heating:
Central, Electric
Fireplace:
1/Gas
Appliances:
None


Exterior Features

Fenced Yard:
Yes
Fencing:
Fenced, Metal, Wood
Parking:
Garage
Utility:
City Sewer, City Water
Parking Space:
Garage 2 / Carport 0 / Covered Total 2
Private Pool:
No
Exterior Type:
Brick
Garage Size:
20 X 20


Lot Information

  Lot Size: 6,054 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Single Detached
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $165.41 $484,000 23.79% $484,000 23.79%
2022 $133.63 $391,000 12.36% $391,000 12.36%
2021 $118.93 $348,000 13.73% $348,000 13.73%
2020 $104.58 $306,000 2.00% $306,000 2.00%
2019 $102.53 $300,000 9.09% $300,000 9.09%
2018 $93.98 $275,000 -5.82% $275,000 -5.82%
2017 $99.79 $292,000 11.61% $292,000 11.61%
2016 $89.41 $261,615 17.32% $261,615 17.32%
2015 $76.21 $223,000 0.00% $223,000 0.00%
2014 $76.21 $223,000 -5.18% $223,000 -5.18%
2013 $80.37 $235,174 $235,174
2023 Denton County Appraisal District Tax Value
Market Land Value: $107,671
Market Improvement Value: $376,329
Total Market Value: $484,000

Tax History
2023 Assessed Value/Appraisal District: $484,000
2022 Assessed Value/Appraisal District: $391,000
2021 Assessed Value/Appraisal District: $348,000
2020 Assessed Value/Appraisal District: $306,000
2019 Assessed Value/Appraisal District: $300,000
2018 Assessed Value/Appraisal District: $275,000
2017 Assessed Value/Appraisal District: $292,000
2016 Assessed Value/Appraisal District: $261,615
2015 Assessed Value/Appraisal District: $223,000
2014 Assessed Value/Appraisal District: $223,000
2013 Assessed Value/Appraisal District: $235,174
Denton County Appraisal District
2023 Tax Rates
DENTON COUNTY: 0.1895 %
DENTON ISD: 1.1592 %
DENTON CO FWD 8-A: 0.7600 %
Total Tax Rate: 2.1087 %

Estimated Mortgage/Tax

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$2,699 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,849
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 851
Home Owners Insurance Get a Quote
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Paloma Creek Elementary School Elementary . EE - 05 . DENTON ISD
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View Nearby Schools

1616 Lake Way Dr is a 4 Beds, 2 Full Bath(s), property in Little Elm TX 75068. View photos, map, tax, nearby homes for sale, home values, school info...

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