$307,000
NAL Estimated Property Value113 Hickory Creek Drive, Red Oak, TX, 75154
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Lot Size7,405 sqft
Building Information
Year Built2007
Stories1
Roof Type105
Garage Spaces2
Land Information
APN72.4763.902.018.00.111
Lot Number18
SubdivisionHickory Creek Ests Ph I
Land UseResidential
Legal DescriptionLOT 18 BLK B HICKORY CREEK ESTS PH I 0.17 AC
Census Tract060206
Assessed Land Value$70,000
Assessed Improvement Value$232,743
Assessment Year2025
About this property
Awesome 1 story home that contains 2127 sqft and was built in 2007. Property features 4 bedrooms, 2 bathrooms with 2 car attached garage. Nearby Red Oak Elementary School. HUD home being sold as-is. Buyer and Buyers agent to verify all measurements and info. HUD makes no warranties or guarantees as to the condition of the property. FHA case#491-899577. FHA Insurance code: IE.
Investor Tools
$307,000
Estimated Property Value
$182,508Estimated Mortgage Balance
$124,492Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,408
$302,743
2025
$70,000
$232,743
$302,743
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,408
$302,743
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$205,847
Yes
First
Jul 30, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,508
$124,492
40%
59%
$1,235/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,235/mo
+$1,475/mo
10.6%
