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$299,980

118 Oak Grove Drive, Trinidad, TX, 75163

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.87 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2018
Garage Spaces2

Land Information

APN4015-0000-0100-60
Lot Number10
SubdivisionRuth Springs #2 (93)
Land UseResidential
Legal DescriptionLT 10 AB 608 J PING SUR, RUTH SPRINGS #2 LT 10
Census Tract950802
Assessed Land Value$292,500
Assessed Improvement Value$219,332
Assessment Year2025

About this property

Ready to roll! Every detail is perfect for a lake house. Built in 2018, this house has an open concept with a nice view, and large covered decks. Bring your swimsuit but hurry this one will go fast! Heavily treed yard, a nice protected water position that is great for everyday floating and swimming. This home has a custom finish out, a spacious walk-in tiled shower, granite countertops, stainless steel appliances, ceramic tile flooring, a large backyard, and a 2 car detached garage with tons of storage space. The second bedroom has a built-in murphy bed and can also be used as an office. Perfect getaway for friends and family to enjoy the lake life.

Investor Tools

Property Icon
$299,980
Estimated Property Value
$0Estimated Mortgage Balance
$113,920Estimated Equity
100% 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
$363/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,858
$299,980
2025
$292,500
$219,332
$511,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,858
$299,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$209,000
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,060
$113,920
37%
62%
$1,254/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.

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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: Trinidad

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118 Oak Grove Drive | Property Details | No Agent List