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$220,000

$224,000

120 Rs County Road 1623, Lone Oak, TX, 75453

$286,000 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.65 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size23,479 sqft

Building Information

Year Built1995

Land Information

APN7044
Lot Number185,186
Land UseResidential
Legal DescriptionA0110 JAMES HOOKER SUREVEY HOLIDAY HILLS, LOT 185 & 186, ACRES .539
Census Tract950200
Assessed Land Value$33,575
Assessed Improvement Value$287,066
Assessment Year2025

About this property

Escape the hustle and embrace the peace of country living with this charming home nestled in the heart of Lone Oak. Situated on a spacious property, this inviting residence offers the perfect blend of privacy, comfort, and rural charm. Inside, you'll find a bright and welcoming layout with comfortable living spaces designed for both everyday living and entertaining. The property provides plenty of room to enjoy the outdoors, whether you're gardening, hosting family gatherings, or simply relaxing and taking in the peaceful surroundings. With wide-open skies, a quiet setting, and easy access to nearby amenities, Continued... See Addendum Property Description 1

Investor Tools

$123,166Estimated Mortgage Balance
$355,821Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$286,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Sitra Seman

Mark Spain Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,450
$320,641
2025
$33,575
$287,066
$320,641
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,450
$320,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$154,660
Yes
First
Sep 2, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,166
$369,834
75%
26%
$928/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.

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: Lone Oak

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120 Rs County Road 1623 | Property Details | No Agent List