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$327,000

NAL Estimated Property Value

131 Carol Ln, Pecan Hill, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,825 Sq Ft
price_per_sqft$180.82 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size18,208 sqft

Building Information

Year Built1975
Stories1
Roof Type105

Land Information

APN67.7812.002.016.00.111
Lot Number16
SubdivisionRed Oak Hts #2
Land UseResidential
Legal DescriptionLOT 16 BLK 2 RED OAK HTS #2 .418 AC
Census Tract060218
Assessed Land Value$95,000
Assessed Improvement Value$219,605
Assessment Year2025

About this property

Welcome to this beautifully maintained dream home! Sitting on just under half an acre, in the heart of Red Oak. NO HOA, low taxes and no back neighbors make this a GEM. NEW TRANE HVAC system, WINDOWS and ROOF. NEWLY installed RAIN GUTTERS, DISHWASHER and HOT WATER HEATER with a transferrable HOME WARRANTY for peace of mind! Carpet was recently replaced with LVP flooring. Additional blown-in insulation in the attic with an added attic fan for efficiency. Split bedrooms with the primary bedroom on one side and secondary bedrooms on the other side. The mature trees and spacious backyard allow plenty of room to stretch out with endless possibilities. Quiet established neighborhood with easy access to I-35 and schools. Home does not have an open floor plan. Great home with great bones!

Investor Tools

Property Icon
$327,000
Estimated Property Value
$186,401Estimated Mortgage Balance
$140,986Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,915
$314,605
2025
$95,000
$219,605
$314,605
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,915
$314,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$211,105
Yes
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,401
$140,599
42%
57%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,266/mo
+$814/mo
7.6%

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: Pecan Hill

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131 Carol Ln | Property Details | No Agent List