$336,778
NAL Estimated Property Value132 Lassetter Dr, Red Oak, TX, 75154
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size24,916 sqft
Building Information
Year Built1987
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00.7882.002.016.00.111
SubdivisionRidge Crest Ests #2
Land UseResidential
Legal Description16 2 RIDGE CREST ESTS #2 0.572 ACRES
Census Tract060207
Assessed Land Value$95,000
Assessed Improvement Value$241,778
Assessment Year2025
About this property
Great family home on over half acre, outside the city limits. 3 bed, 2 and half baths and 2 car garage. Home has two living areas and a screened in backporch. Great neighborhood that has a bit of country in it. Home just needs a family to give it some love and detail like you want it. Big fenced backyard for the kids or fur babies. Seller does not have a survey.
Investor Tools
$336,778
Estimated Property Value
$123,013Estimated Mortgage Balance
$213,765Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,021 /month
Positive
Cash Flow Estimate:
$674 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,561
$336,778
2025
$95,000
$241,778
$336,778
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,561
$336,778
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerihome Mortgage Company Llc
Fha
$127,188
Yes
First
Jul 15, 2024
Aug 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,013
$213,765
63%
37%
$763/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$763/mo
+$1,317/mo
7.4%
