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$364,000

NAL Estimated Property Value

107 Waterview Parkway, Red Oak, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,640 Sq Ft
price_per_sqft$135.98 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesLighting
Lot Size10,106 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN72.9166.007.004.00.111
Lot Number4
SubdivisionWaterview Farms Ph Ii
Land UseResidential
Legal DescriptionLOT 4 BLK 7 WATERVIEW FARMS PH II 0.232 AC
Census Tract060215
Assessed Land Value$65,000
Assessed Improvement Value$293,153
Assessment Year2025

About this property

Charming two story located in Waterview Farms with park and jogging trail! NO HOA and easy access to I-35. Home features 4 bedrooms, two and a half baths, 2 dining areas and a two car garage, Additional spectacular features of this home include an upstairs game room, brand new hardwood floors downstairs. A newer roof and AC system are in place. The open living room offers lots of space, a cozy fireplace and high ceilings. This home has a seamless layout from the living room to the kitchen and breakfast area. The kitchen features ample counter top space, a walk in pantry and breakfast bar. The primary bathroom has been recently updated. Backyard features tons of green space and plenty of room for kids, pets and a pool. NEW CARPET just installed and much of the home interior is being painted.

Investor Tools

Property Icon
$364,000
Estimated Property Value
$197,655Estimated Mortgage Balance
$166,345Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,424
$358,153
2025
$65,000
$293,153
$358,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,424
$358,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$199,098
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,655
$166,345
45%
54%
$1,194/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,194/mo
+$1,516/mo
8.9%

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.

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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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107 Waterview Parkway | Property Details | No Agent List