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$475,000

NAL Estimated Property Value

150 Oak Grove Drive, Rhome, TX, 76078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,229 Sq Ft
price_per_sqft$215.3 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size31,015 sqft

Building Information

Year Built2021
Roof Type158
Garage Spaces3

Land Information

APNR0741.0A42.00
Lot Number42
SubdivisionFairview Meadows Ph1
Land UseResidential
Legal DescriptionLOT 42 BLK A FAIRVIEW MEADOWS PH1
Census Tract150606
Assessed Land Value$62,030
Assessed Improvement Value$399,474
Assessment Year2025

About this property

Better than new! Welcome to this stunning 2021-built single-story retreat nestled on a premium 0.74-acre lot in the highly sought-after Fairview Meadows. This impeccably maintained Riverside home offers the perfect blend of modern sophistication and rural tranquility. The light-filled, open-concept interior features luxury vinyl flooring, high ceilings, and a gourmet chef’s kitchen complete with a massive quartz island, stainless steel appliances, and a walk-in pantry. The spacious Great Room is anchored by a floor-to-ceiling stone-surround fireplace, creating a warm and inviting atmosphere for entertaining. The primary suite serves as a true sanctuary, boasting a garden tub, separate walk-in shower, and a generous walk-in closet. The split-bedroom layout ensures privacy, while a dedicated study or flex room provides the ideal space for a home office. Step outside to find your own private oasis: a large covered back patio overlooking an expansive, fully fenced backyard with plenty of room for a future pool. The property also features a rare 3-car side-entry garage. Enjoy resort-style living with community amenities including a pool, pickleball courts, and soccer fields—all while benefiting from MUD-serviced water and sewer! 2.75% Assumable FHA loan for qualifying buyers!

Investor Tools

Property Icon
$475,000
Estimated Property Value
$359,078Estimated Mortgage Balance
$115,922Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,879 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,914
$461,504
2025
$62,030
$399,474
$461,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,914
$461,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$347,808
Yes
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,078
$115,922
24%
76%
$2,356/mo

City: Rhome

150 Oak Grove Drive | Property Details | No Agent List