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$999,999

106 Laurel Oak Drive, Red Oak, TX, 75154

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths4,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.92 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyAuctionPre-ForeclosureHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Convection Oven, Double Oven, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size9,975 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN72.8601.910.006.00.111
Lot Number6
SubdivisionThe Woods Of Red Oak Ph 2
Land UseResidential
Legal DescriptionLOT 6 BLK J THE WOODS OF RED OAK PH 2 .229 AC
Census Tract060206
Assessed Land Value$92,500
Assessed Improvement Value$487,135
Assessment Year2025

About this property

2.75% Fixed. Let that sink in. Not 6%. Not 7%. 2.75%. This home offers qualified buyers the opportunity to assume the seller’s existing 2.75% fixed-rate mortgage, subject to lender approval and qualification. That’s just the beginning. Step into 4,311 SQFT of luxury featuring 6 bedrooms, a dramatic curved staircase, soaring ceilings, a private study, media room, game room, gourmet kitchen with a Butler’s Pantry, a spa-inspired primary suite, and a home gym complete with an infrared sauna. Located less than one mile from the expanding Google Data Center and approximately 15 minutes from Downtown Dallas, this home offers luxury, space, and exceptional convenience in one of North Texas’ growing corridors. Some homes impress with their finishes. This one offers something far more difficult to find—an existing 2.75% fixed-rate mortgage that qualified buyers may have the opportunity to assume. If you’ve been waiting for a home that offers more than just beautiful design, this is one you’ll want to experience, ask about the 2.75% assumable mortgage opportunity.Existing mortgage assumption is subject to lender approval, buyer qualification, and current loan terms. Built by First Texas Homes – An Exceptional Move-In Ready Residence This exquisite 6 bedroom home delivers timeless elegance, upscale comfort, and thoughtful design throughout. A stunning stone-front elevation welcomes you into a grand foyer, where a dramatic curved wrought-iron staircase creates an unforgettable first impression and sets the tone for refined living featuring a gourmet kitchen with 5-burner cooktop and double ovens, spacious living areas, and a private primary suite with sitting area, oversized shower, jetted tub, and infrared sauna. Disclaimer: Agent Owner Listing. PROPERTY WILL GO TO THE HIGHEST BIDDER. PROOF OF FUNDS & APPROVALS REQUIRED UPFRONT. ALL OFFERS MUST BE SUBMITTED THROUGH AUCTION.COM FOR LEGITIMATE VERIFICATION OF IDENTITY & FUNDS.

Investor Tools

Property Icon
$579,635
Estimated Property Value
$0Estimated Mortgage Balance
$224,738Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Rashida Mingo

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,421
$579,635
2025
$92,500
$487,135
$579,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,421
$579,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$401,934
Yes
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,897
$224,738
38%
61%
$2,410/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Red Oak

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