This address denotes a specific property located within the city of Coppell, Texas. It signifies a precise location within a well-defined geographic area, likely used for navigational purposes, postal services, and property identification. Locating a specific property often involves using a combination of street number, street name, city, and state.
Precise location data is crucial for various applications. Businesses rely on accurate addresses for deliveries, marketing, and customer service. Governmental agencies utilize address data for census tracking, emergency services dispatch, and infrastructure planning. Individuals benefit from accurate addresses for personal correspondence, online shopping, and accessing location-based services. The historical development of standardized addressing systems has significantly contributed to efficient commerce, effective governance, and improved communication within communities. This standardization allows for unambiguous identification of a particular location, contributing to smooth logistical operations and clear communication.
Understanding the role and function of specific addresses like this allows for a deeper exploration of related topics such as property ownership, urban development, and geographic information systems. This fundamental piece of information acts as a gateway to exploring various other facets of the property itself and its surrounding environment.
1. Location
Location plays a crucial role in defining the significance of a property address. For “240 Dividend Drive, Coppell, Texas,” its location provides context and influences its characteristics.
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Geographic Coordinates
Geographic coordinates, typically expressed as latitude and longitude, pinpoint the precise location on the Earth’s surface. These coordinates allow for accurate mapping and navigation to the property, distinguishing it from all other locations. Applications like GPS rely heavily on these coordinates for precise positioning.
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Municipal Context
The address falls within the municipality of Coppell, Texas, placing it within a specific jurisdiction with associated regulations, services, and community characteristics. This determines property taxes, zoning laws, and access to municipal services like schools and utilities.
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Proximity and Accessibility
Location influences accessibility, including proximity to major roads, transportation hubs, and points of interest. Being situated on Dividend Drive within Coppell dictates access to local amenities and regional transportation networks. This affects commute times, convenience, and overall connectivity.
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Neighborhood Characteristics
The surrounding neighborhood directly impacts the character of the property. Factors like surrounding land use (residential, commercial, industrial), demographics, and community amenities contribute to the overall environment and influence property value and desirability.
These facets of location contribute significantly to a comprehensive understanding of “240 Dividend Drive, Coppell, Texas.” They provide a framework for evaluating its value, accessibility, and role within the broader community. Geographic coordinates provide the precise location, the municipal context sets the legal and administrative framework, proximity and accessibility determine convenience and connectivity, and neighborhood characteristics define the immediate environment and its influence on the property itself.
2. Property
Property, in the context of “240 Dividend Drive, Coppell, Texas,” refers to the tangible real estate asset at that specific location. Understanding the property requires examining its various facets, including its physical characteristics, legal ownership, intended use, and potential value.
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Physical Characteristics
These encompass the tangible attributes of the property, including the size and type of structure (e.g., single-family home, commercial building), the land area, and any improvements or features (e.g., landscaping, swimming pool). These characteristics directly influence the property’s functionality, suitability for different purposes, and overall value.
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Legal Ownership
Legal ownership pertains to the documented ownership of the property, including the name(s) of the owner(s) and any associated liens or encumbrances. Public records typically document ownership, ensuring transparency and facilitating legal transactions related to the property. This information is crucial for property transfers, financing, and legal disputes.
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Intended Use
The intended use of the property, whether residential, commercial, or industrial, dictates its function and influences its value. Zoning regulations often govern the permitted uses of a property within a specific area. Understanding the intended use clarifies the property’s role within the community and its potential for generating income or providing housing.
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Value and Market Conditions
Property value reflects the estimated market worth based on various factors, including location, size, condition, and prevailing market conditions. Appraisals typically determine property value for purposes such as financing, insurance, and taxation. Market trends and local economic conditions significantly influence property value fluctuations.
These interconnected facets of “property” contribute significantly to a comprehensive understanding of “240 Dividend Drive, Coppell, Texas.” The physical characteristics define the tangible asset, legal ownership establishes the rightful owner, intended use clarifies its function, and value reflects its market worth. These elements combine to provide a complete picture of the property and its significance within the real estate market and the community.
3. Coppell, Texas
Coppell, Texas, forms an integral part of the address “240 Dividend Drive, Coppell, Texas,” providing geographic context and administrative jurisdiction. The relationship is one of containment; the specific address exists within the broader municipal boundaries of Coppell. This connection has significant practical implications. Coppell’s municipal government dictates zoning regulations, building codes, and property tax rates affecting 240 Dividend Drive. The city’s services, such as public safety, utilities, and schools, are tied to the address by virtue of its location within Coppell. For example, emergency services dispatched to 240 Dividend Drive originate from Coppell’s resources. Furthermore, the city’s overall character, including its demographics, economic profile, and community amenities, influences the property’s value and desirability. A strong local economy and desirable community features in Coppell positively impact properties within its boundaries. Conversely, any challenges faced by the municipality, such as declining economic conditions or infrastructure issues, can also affect properties within Coppell.
Understanding this connection is crucial for various practical applications. Property valuations rely heavily on municipal context, influencing real estate transactions. Businesses considering locating at 240 Dividend Drive must consider Coppell’s regulations and economic environment. Residents benefit from understanding the services and resources provided by the city. Coppells long-term planning initiatives, such as infrastructure development or zoning changes, can directly impact the future of properties within its jurisdiction, including 240 Dividend Drive. This interconnectedness highlights the importance of considering the broader municipal context when evaluating a specific address.
In summary, “240 Dividend Drive” cannot exist in isolation; its connection to Coppell, Texas, is fundamental. The municipality provides the administrative framework, essential services, and community context that shape the property’s characteristics and value. Understanding this relationship offers critical insights for various stakeholders, including residents, businesses, and investors, enabling informed decisions regarding property ownership, business operations, and community engagement within Coppell.
4. Navigation
Navigation relies on precise location data, making “240 Dividend Drive, Coppell, Texas,” a critical component in the process of locating this specific property. This address functions as a navigational endpoint, guiding individuals and systems to the desired destination. Modern navigation systems, including GPS devices and mapping applications, utilize geocoding to translate this alphanumeric address into geographic coordinates, enabling precise routing. The address acts as an interface between human-readable location identifiers and the underlying geographic data used by navigational technologies. Consider a delivery driver tasked with delivering a package to this address. The driver inputs the address into a navigation system, which then calculates the optimal route based on real-time traffic conditions and road networks, guiding the driver turn-by-turn to the precise location.
The efficacy of navigation depends on the accuracy and standardization of address data. Ambiguous or incorrect addresses can lead to navigational errors, resulting in delays, misdeliveries, and wasted resources. The standardized format of “240 Dividend Drive, Coppell, Texas,” minimizes ambiguity, facilitating accurate geocoding and efficient routing. Furthermore, the address’s integration with broader geographic information systems (GIS) enables location-based services, such as emergency response dispatch, property valuation, and urban planning. For instance, emergency responders rely on accurate address information to quickly locate incidents, minimizing response times and potentially saving lives. Similarly, property valuation models often utilize location data, including precise addresses, to assess property values based on comparable properties in the vicinity.
In conclusion, “240 Dividend Drive, Coppell, Texas,” plays a crucial role in navigation by serving as a precise, machine-readable identifier of a specific location. This address’s integration with navigation systems and GIS platforms enables efficient routing, location-based services, and informed decision-making across various sectors. Accurate and standardized address data is essential for the effective functioning of modern navigation technologies and the various applications that rely on precise location information. The challenges associated with maintaining accurate and up-to-date address data underscore the ongoing need for robust data management and standardization efforts in the field of geographic information.
5. Postal Services
Postal services rely heavily on accurate and standardized addresses for efficient mail delivery. “240 Dividend Drive, Coppell, Texas,” functions as a critical component within this system, enabling the precise routing and delivery of mail and packages. This address acts as a unique identifier, ensuring that postal items reach their intended recipient. The hierarchical structure of the addressstreet number, street name, city, and statefacilitates efficient sorting and routing within the postal system. Consider a letter sent from another state; the address allows postal workers to quickly sort the letter by state, city, and finally, street address, ensuring its timely delivery.
The connection between postal services and this address extends beyond simple mail delivery. Address verification services offered by postal organizations ensure the accuracy of address data, preventing misdeliveries and returned mail. This benefits businesses that rely on accurate addresses for marketing, shipping, and customer communication. Furthermore, address standardization initiatives implemented by postal services improve data quality and facilitate interoperability with other systems, such as emergency services and navigation applications. For instance, a change-of-address notification filed with the postal service ensures mail forwarding to the correct location, minimizing disruptions and maintaining communication channels. Furthermore, the availability of post office boxes associated with this address provides an alternative delivery option, offering flexibility and security for residents and businesses.
In summary, “240 Dividend Drive, Coppell, Texas,” plays a vital role in the effective functioning of postal services. The address enables precise mail delivery, facilitates address verification, and supports broader data standardization efforts. Challenges associated with maintaining accurate address data in a dynamic environment underscore the ongoing importance of collaboration between postal services, residents, and businesses. This collaboration ensures the continued reliability and efficiency of mail delivery and the various services that depend on accurate address information within the community.
6. Residential or Commercial
Determining whether “240 Dividend Drive, Coppell, Texas” represents a residential or commercial property is crucial for understanding its function, value, and impact within the community. This classification dictates permitted uses, zoning regulations, property tax rates, and even the types of services available. The distinction influences how the property contributes to the local economy, shapes the neighborhood’s character, and affects the daily lives of those who interact with it. For example, a residential property contributes to the local housing market, while a commercial property might generate employment opportunities and contribute to the city’s sales tax revenue. This classification impacts urban planning decisions, infrastructure development, and the allocation of municipal resources.
Understanding the property’s designation requires consulting official records, such as tax assessor data, zoning maps, and property deeds. These sources provide definitive information regarding permitted uses and legal classifications. Practical applications of this understanding are numerous. A real estate investor would need to know the property’s classification before making a purchase decision. A business owner looking for office space would filter their search based on commercially zoned properties. A family searching for a home would focus on residential listings. Misclassifying a property can have significant legal and financial consequences, highlighting the importance of accurate and readily available information. For instance, operating a commercial business in a residentially zoned area can lead to fines and legal action. Conversely, attempting to establish a residence in a commercially zoned building could violate building codes and safety regulations.
In summary, the “residential or commercial” designation of “240 Dividend Drive, Coppell, Texas,” provides a foundational understanding of the property’s role within the community and its implications for various stakeholders. This classification informs investment decisions, business operations, and residential choices. Access to reliable and up-to-date information regarding property classifications remains crucial for effective urban planning, economic development, and the overall well-being of the community. Challenges associated with maintaining accurate property classifications in a dynamic real estate market underscore the need for robust data management practices and readily accessible public records.
7. Property Value
Property value, in the context of 240 Dividend Drive, Coppell, Texas, represents the monetary worth of this specific real estate asset. This value is not static but rather a dynamic figure influenced by a multitude of factors, both intrinsic to the property itself and extrinsic, relating to the surrounding market and community. Understanding these influencing factors provides crucial insights for various stakeholders, including potential buyers, sellers, investors, and taxing authorities. Accurate property valuation is essential for real estate transactions, property taxation, insurance assessments, and investment decisions.
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Location and Market Conditions
Location plays a dominant role in property valuation. The desirability of Coppell, Texas, as a residential area, considering factors like school districts, crime rates, and access to amenities, directly impacts the value of properties within its boundaries. Prevailing market conditions, such as supply and demand dynamics and interest rates, further influence value. A strong local market with high demand typically leads to higher property values, while a downturn can exert downward pressure on valuations.
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Property Characteristics
The physical attributes of the property itself, such as size, age, condition, and features, contribute significantly to its value. A larger home with modern updates in excellent condition will typically command a higher price compared to a smaller, older property requiring renovations. Unique features, like a swimming pool or outdoor kitchen, can also enhance value, depending on local market preferences.
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Comparable Sales
Recent sales of similar properties in the vicinity provide a benchmark for assessing market value. Appraisers often use comparable sales data, adjusting for differences in property features and market conditions, to arrive at a fair market value estimate. This comparative approach ensures that valuations reflect prevailing market trends and the relative desirability of similar properties in the area.
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Tax Assessments and Legal Considerations
Property tax assessments conducted by local authorities provide an official valuation for tax purposes. While these assessments may not always align perfectly with market value, they represent a significant factor influencing a property’s overall cost of ownership. Legal considerations, such as easements, liens, or zoning restrictions, can also impact value, potentially limiting the property’s use or development potential.
These interconnected facets contribute to a comprehensive understanding of property value at 240 Dividend Drive. Analyzing location, property characteristics, comparable sales, and legal considerations provides a framework for assessing the property’s current market worth and potential for future appreciation or depreciation. This understanding is crucial for informed decision-making by all stakeholders involved in real estate transactions or property ownership related to this specific address in Coppell, Texas.
8. Community Context
“Community context,” regarding 240 Dividend Drive, Coppell, Texas, encompasses the social, economic, and environmental factors that characterize the surrounding neighborhood and influence the property’s value, livability, and overall experience of residing or operating a business at that location. Understanding this context is essential for potential residents, business owners, and investors seeking a comprehensive perspective beyond the property itself.
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Neighborhood Demographics and Socioeconomic Factors
The demographic composition of the neighborhood, including age distribution, income levels, education levels, and family structures, shapes the community’s character and influences local amenities and services. Socioeconomic factors affect school quality, public safety, and the availability of resources like healthcare and recreational facilities. These factors contribute significantly to the overall quality of life associated with a specific address.
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Local Amenities and Services
Proximity to essential amenities and services, such as grocery stores, restaurants, parks, libraries, and healthcare facilities, contributes significantly to the convenience and desirability of a location. The availability of public transportation, access to major roadways, and proximity to employment centers also influence daily life. These factors determine commute times, access to leisure activities, and the overall ease of daily living.
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Community Organizations and Civic Engagement
The presence of active community organizations, neighborhood associations, and opportunities for civic engagement fosters a sense of belonging and contributes to the overall social fabric of the community. These organizations often play a crucial role in advocating for local improvements, organizing community events, and addressing local concerns. This level of community involvement can significantly impact the quality of life and create a more connected and vibrant neighborhood.
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Environmental Factors and Sustainability Initiatives
Environmental factors, such as air quality, noise levels, green spaces, and proximity to natural resources, play an increasingly important role in community desirability. The presence of sustainability initiatives, such as recycling programs, energy efficiency programs, and green building practices, reflects a community’s commitment to environmental responsibility. These factors contribute to a healthier and more sustainable living environment and can impact property values and long-term community well-being.
These interconnected facets of community context contribute significantly to a holistic understanding of 240 Dividend Drive within Coppell, Texas. Analyzing neighborhood demographics, local amenities, community organizations, and environmental factors provides valuable insights for individuals and businesses considering this specific location. By understanding the community context, potential residents can assess whether the neighborhood aligns with their lifestyle preferences, business owners can evaluate the suitability of the location for their operations, and investors can make informed decisions based on the long-term prospects of the area. This understanding extends beyond the physical property, encompassing the broader social, economic, and environmental factors that shape the experience of living or working at 240 Dividend Drive.
Frequently Asked Questions
This FAQ section addresses common inquiries regarding the property located at 240 Dividend Drive, Coppell, Texas. The information provided aims to offer clarity and facilitate informed decision-making for various stakeholders.
Question 1: What is the property type at this address?
Property records indicate the structure is a single-family residence. However, confirming the current usage through official sources is recommended.
Question 2: How is the property’s value determined?
Valuation considers factors such as location within Coppell, property size and condition, recent comparable sales, and current market trends. Consulting a qualified appraiser offers a precise assessment.
Question 3: What are the local school districts?
The property falls within the Coppell Independent School District. Verification with the district confirms current school zoning.
Question 4: What is the proximity to essential amenities?
Proximity to shopping centers, restaurants, healthcare facilities, and recreational areas varies. Utilizing online mapping tools provides specific distances and travel times.
Question 5: What are the local tax rates?
Property tax rates are determined by Coppell and other taxing entities. Contacting the Coppell tax assessor’s office provides current rates and assessment information.
Question 6: What is the history of the property?
Detailed property history, including past ownership and any significant events, requires a title search conducted by a title company or access to relevant public records.
Due diligence and verification through authoritative sources are crucial for accurate information regarding this property. This FAQ section offers a starting point for inquiries, encouraging further research as needed.
For further information regarding the property or related inquiries, consulting local real estate professionals, legal experts, or relevant municipal departments is recommended.
Tips for Utilizing Location Data Effectively
Effective utilization of location data, such as a specific address, requires careful consideration of various factors. The following tips offer guidance for leveraging location information for practical applications.
Tip 1: Verify Data Accuracy: Accurate location data is paramount. Confirming address details through authoritative sources, such as official property records or postal service databases, prevents errors and ensures data integrity. Discrepancies in address formatting can lead to misidentification and navigational issues.
Tip 2: Utilize Geocoding Services: Geocoding translates alphanumeric addresses into geographic coordinates, enabling integration with mapping applications and location-based services. Leveraging geocoding services streamlines navigation, facilitates spatial analysis, and enhances data visualization.
Tip 3: Consider Contextual Information: Location data alone offers limited insights. Integrating contextual information, such as neighborhood demographics, zoning regulations, and proximity to amenities, enriches understanding and supports informed decision-making. This holistic approach provides a comprehensive perspective beyond simple geographic coordinates.
Tip 4: Respect Privacy and Data Security: Handling location data responsibly is crucial. Adhering to data privacy regulations and implementing robust security measures safeguards sensitive information and maintains ethical practices. Unauthorized access or misuse of location data can have significant legal and reputational consequences.
Tip 5: Maintain Data Currency: Location data can change over time due to new construction, address changes, or administrative boundary adjustments. Regularly updating and validating location data ensures its ongoing accuracy and relevance for various applications. Outdated information can lead to inefficiencies and inaccuracies in navigation, service delivery, and data analysis.
Tip 6: Integrate with Relevant Systems: Integrating location data with other relevant systems, such as customer relationship management (CRM) platforms or enterprise resource planning (ERP) systems, maximizes its utility. This integration enhances business processes, improves customer service, and enables data-driven decision-making across various departments.
Tip 7: Leverage Location-Based Analytics: Analyzing location data reveals patterns, trends, and insights that inform strategic planning, optimize resource allocation, and enhance operational efficiency. Location-based analytics provides valuable insights for businesses, government agencies, and researchers seeking to understand spatial relationships and optimize location-dependent operations.
By implementing these tips, individuals and organizations can effectively utilize location data for various purposes, from navigation and service delivery to market analysis and urban planning. Accurate, up-to-date, and contextually rich location information empowers informed decision-making and enhances operational efficiency across diverse sectors.
The effective use of location data requires a multifaceted approach that considers accuracy, context, privacy, and integration with relevant systems. By adhering to these principles, stakeholders can maximize the value of location information and leverage its potential for informed decision-making and enhanced outcomes.
Conclusion
This exploration of 240 Dividend Drive, Coppell, Texas, has provided a comprehensive overview of the multifaceted nature of a specific address. From its function as a navigational endpoint and its role in postal services to its significance within the broader community of Coppell, the analysis has highlighted the interconnectedness of location, property characteristics, and community context. Understanding the distinction between residential and commercial designations, the complexities of property valuation, and the importance of accurate location data for various applications underscores the practical significance of this seemingly simple piece of information. The examination of neighborhood demographics, local amenities, and environmental factors provides valuable context for evaluating the overall desirability and livability of this specific location.
Accurate and accessible location data empowers informed decision-making across various sectors. Whether for real estate transactions, business operations, urban planning, or emergency services, precise location information plays a crucial role in optimizing resource allocation, enhancing service delivery, and fostering community development. Continued advancements in geographic information systems and data management practices promise further refinement of location-based services and analytical capabilities, leading to more efficient and responsive systems that benefit individuals, businesses, and communities alike. The seemingly simple address, 240 Dividend Drive, serves as a microcosm of the broader significance of location data in shaping our interactions with the world around us.
