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$377,797

NAL Estimated Property Value

120 Finlee Lane, Red Oak, TX, 75154

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,217 Sq Ft
price_per_sqft$157.42 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,854 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.4622.915.049.00.111
Lot Number49
SubdivisionHarmony Ph 5
Land UseResidential
Legal DescriptionLOT 49 BLK O HARMONY PH 5 .1344 AC
Census Tract060216
Assessed Land Value$55,000
Assessed Improvement Value$322,797
Assessment Year2025

About this property

GORGEOUS BRAND NEW CONSTRUCTION HOME just completed in April 2021. Ready Now! Seller has only lived in the home for a month after closing and is having to relocate to another state. This beautiful single story home has a study, breakfast nook, and children's retreat area. Seller is leaving their brand new Samsung 3-Door Stainless Steel French Door Smart HUB Refrigerator just purchased especially for this home!! Rear entry garage, lovely curb appeal, comes with front yard landscape 2 trees, and full sprinkler system. Beautiful open concept floorplan and custom designed fireplace. Homes are still being built in this community!!

Investor Tools

Property Icon
$377,797
Estimated Property Value
$271,712Estimated Mortgage Balance
$106,085Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,267 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,558
$377,797
2025
$55,000
$322,797
$377,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,558
$377,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Position One Mortgage Inc
Conventional
$299,250
No
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,712
$106,085
28%
72%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,395/mo
+$315/mo
8.6%

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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