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$1,150,000

NAL Estimated Property Value

1003 Ovilla Road, Red Oak, TX, 75125

Recently SoldInfo
9/03/26
Beds5 Beds
Baths3 Bath
Baths2,644 Sq Ft
FarmFarm
price_per_sqft$434.95 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet

Building Information

Garage Spaces2

About this property

Prime 24.5-acre property ideally located along FM 664-Ovilla Road, just 15 minutes from I-35E. Offering an exceptional combination of location, acreage, improvements, and versatility. The property features a 5 bedroom, 3 bath home that can be utilized as office space, providing an excellent opportunity for an owner-user, business operation, or additional administrative space. The property also includes a metal shop equipped with electricity and HVAC, 1 full bathroom and 1 half bath, offering substantial flexibility for equipment storage, a workshop, business operations, or additional workspace. Existing pens and fencing further enhance the property's functionality and make it particularly well suited for an equestrian facility. With approximately 24.5 acres of usable land, the property provides ample room for horses, livestock, agricultural uses, equipment, outdoor storage, or future expansion. Its prominent location on FM 664-Ovilla Road, combined with convenient access to I-35 and the surrounding DFW market, makes this a highly versatile property for both commercial and agricultural or equestrian uses.

Investor Tools

Property Icon
$1,150,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,150,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Red Oak

1003 Ovilla Road | Property Details | No Agent List