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$286,000

NAL Estimated Property Value

103 N Summit Street, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.49 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Water Heater, Gas Range, Gas Water Heater, Washer
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size11,238 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces3

Land Information

APN72.5982.002.006.00.111
Lot Number6
SubdivisionLigon #2
Land UseResidential
Legal DescriptionLOT 6 BLK 2 LIGON #2 .258 AC
Census Tract060206
Assessed Land Value$65,000
Assessed Improvement Value$161,159
Assessment Year2025

About this property

ABSOLUTELY GORGEOUS MODERN RANCH HOME COMPLETELY REMODELED BY BIG TEX CUSTOM HOMES! THIS BEAUTIFUL HOME SITS IN THE HEART OF RED OAK, TX. So much attention to detail & great pride went into this home & it shows in every space! As soon as you walk in be ready to fall in LOVE with the GORGEOUS UPGRADED TILE FLOORS THAT LOOK LIKE WOOD! Home boasts an open floor plan that seamlessly connects the kitchen AND BREAKFAST AREA & LIVING AREA which create a perfect space for entertaining! The kitchen has GORGEOUS natural wood cabinets with LUXURY granite counter tops including granite backsplash, ss cook top stove including a ss vent-a-hood. Both bathrooms have also been remodeled with beautiful tile and granite counters. Foundation was repaired according to a structural engineer, Big Tex installed a new 30 year roof, gutter system with leaf guard, new electrical system ran in the entire home including a new breaker panel. Great size laundry room with custom wood cabinets, Two car detached garage with electrical or could easily be converted to a work shop or MIL living quarters. It's all the small details that are making HUGE statements in this home like the all new natural color paint selections, all new lighting accents, new ceiling fans, all new flooring, all the upgraded bathroom details, natural stained wood cabinets. Don't let this one slip away you have to see it in person to really appreciate!

Investor Tools

Property Icon
$286,000
Estimated Property Value
$0Estimated Mortgage Balance
$286,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,454
$189,415
2025
$65,000
$161,159
$226,159
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,454
$189,415

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$286,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
8.7%

City: Red Oak

103 N Summit Street | Property Details | No Agent List