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$289,900

135 Lake Trail Drive, Red Oak, TX, 75154

$311,366 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,239 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.48 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,621 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN72.4764.909.013.00.111
Lot Number13
SubdivisionHickory Creek Addition Ph 2
Land UseResidential
Legal DescriptionLOT 13 BLK I HICKORY CREEK ADDITION PH 2 .152 AC
Census Tract060206
Assessed Land Value$70,000
Assessed Improvement Value$284,217
Assessment Year2025

About this property

Stunning like new J Houston home. 3 bedrooms, 2 and a half bath, study, media, and a 2 car garage. This house is a beauty. Starting at the awesome yard that is excellently groomed. Split bedrooms for privacy, utility room joins the master bath closet. Up front there is an awesome office and secondary bedrooms on the front hall and the master bedroom on the back of the house, Beautiful kitchen with butlers pantry or could be a bar or coffee bar. Large walk in pantry, granite in kitchen with SS appliances and eat in kitchen. Terrific backyard to spend those evening sipping on a cocktail. Backyard has 14 X 24 flagstone patio. This home is amazing, it's beautiful.

Investor Tools

Property Icon
$369,000
Estimated Property Value
$0Estimated Mortgage Balance
$113,792Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$311,365
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,226
$354,217
2025
$70,000
$284,217
$354,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,226
$354,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Conventional
$280,000
No
First
Sep 3, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,208
$113,792
30%
69%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,829/mo
+$251/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Red Oak

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135 Lake Trail Drive | Property Details | No Agent List