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$342,444

NAL Estimated Property Value

151 Redwood Lane, Terrell, TX, 75160

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.54 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size16,901 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1103.0000.0035.00.06.06
Lot Number35
SubdivisionForrest Creek Addition
Land UseResidential
Legal DescriptionFORREST CREEK ADDITION, BLOCK A, LOT 35; & HOUSE & HOUSE
Census Tract050402
Assessed Land Value$82,000
Assessed Improvement Value$260,444
Assessment Year2025

About this property

METICULOUSLY CLEAN 4 bedrm w office less than 45 min from Dallas! Tucked away on neatly landscaped, oversized cul-de-sac lot near schools and shopping. Open concept kitchen features granite countertops, over 25 cabinets w pantry, stainless steel appliances, room for an island! Updated baths, master boasts dual sinks, sep shower, soaking tub, private toilet area and WIC. SPOTLESS carpet, tile, wood flooring. Split floor plan: privacy and meets unique needs for workout studio, hm office, and more! Backyard features shady covered patio, privacy fence, mature trees, storage shed, garden spot, AND LARGE concrete parking pad for ALL your toys.

Investor Tools

Property Icon
$342,444
Estimated Property Value
$222,912Estimated Mortgage Balance
$119,532Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
$126/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,090
$342,444
2025
$82,000
$260,444
$342,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,090
$342,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$249,389
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,912
$119,532
34%
65%
$1,496/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.

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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: Terrell

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151 Redwood Lane | Property Details | No Agent List