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$297,000

108 Cole Rd, Red Oak, TX, 75154

SoldInfo
6/25/26
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.57 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size25,091 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.8210.001.014.00.111
SubdivisionShadowridge #1
Land UseResidential
Legal Description14 1 SHADOWRIDGE #1 0.576 ACRES
Census Tract060207
Assessed Land Value$95,000
Assessed Improvement Value$193,950
Assessment Year2025

About this property

Charming 3 Bedroom, 2 Bathroom Home on Half Acre – MAJOR UPDATES COMPLETE! This home offers a fantastic opportunity with all the big-ticket updates already taken care of, including a 4 year old HVAC system, 1 year old water heater and electric panel, and fresh exterior paint in 2024. Inside the guest bathroom shower has been remodeled and comes complete with a shower seat and handrail. Inside the kitchen has been upgraded with beautiful quartz countertops, ample cabinet space, and kitchen counter seating. Relax in your large and spacious living room complete with a brick wood burning fireplace. The master suite features an en-suite bathroom with separate shower and tub, 2 walk in closet, and his and hers sinks. Guest bedrooms are spacious with plenty of natural light, ceiling fans and large walk in closets! This home is ready for your personal touch, with interior flooring and paint left to customize to your style—making it a great option for buyers looking to add value and make it their own. Outside, you’ll find a spacious half-acre backyard with no HOA, perfect for entertaining, gardening, or simply enjoying extra space and privacy. The property also features a 2-car garage and an extra-long tandem driveway, providing ample parking for vehicles, guests, or your boat or RV. Don’t miss this chance to own a well-updated home with room to finish it your way! DAY 1 ON THE MARKET IS FEB 21st.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$147,000Estimated Mortgage Balance
$162,761Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$864
$248,776
2025
$95,000
$193,950
$288,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$864
$248,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$147,000
No
First
Nov 9, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,239
$162,761
54%
45%
$882/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$882/mo
+$1,198/mo
8.4%

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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108 Cole Rd | Property Details | No Agent List