Last 24 Hours
$720,000
NAL Estimated Property Value109 Elmwood Drive, Ovilla, TX, 75154
Off Market
3 Beds
2 Bath
4,676 Sq Ft
Unimproved Land
Built in 2019Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size1.17 acres
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces6
Land Information
APN62.9302.903.016.00.111
Lot Number16
SubdivisionWillow Creek Ests Ii
Land UseResidential
Legal DescriptionLOT 16 BLK C WILLOW CREEK ESTS II 1.17 AC
Census Tract060216
Assessed Land Value$106,250
Assessed Improvement Value$493,750
Assessment Year2025
About this property
BUILD YOUR DREAM HOME ON THIS 1ACRE LOT IN RED OAK ISD. Only 30 min from Downtown Dallas, far enough away from the hustle and bustle. Stellar mature trees in the area you just can't get in the new neighborhoods. Have your cup of coffee out on the back patio and enjoy the birds. Red Oak ISD. NO HOA! This is where you can have your dream home! Also listed as a build MLS 14126701
Investor Tools
$720,000
Estimated Property Value
$0Estimated Mortgage Balance
$720,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,320 /month
Positive
Cash Flow Estimate:
$1,440 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,296/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,951
$600,000
2025
$106,250
$493,750
$600,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,951
$600,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$720,000
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
3.5%
12.4%