Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$284,770

NAL Estimated Property Value

1511 Wavecrest Drive, Red Oak, TX, 75154

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,605 Sq Ft
price_per_sqft$112.09 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size9,030 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN270285000E0130000
Lot Number13
SubdivisionHeritage Lakes
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 1 BLK E LT 13 INT201900105000 DD04252019 CO-DC 0285000E01300 4CE0285000E
Census Tract016623
Assessed Land Value$55,000
Assessed Improvement Value$229,770
Assessment Year2025

About this property

We have received multiple offers. The seller has requested best & final offers be submitted by 5:00pm on Wednesday, March 20th. This fantastic home has been updated and upgraded, and is move-in ready. Wonderful open floor plan with 4 bedrooms, also can use the 4th bedroom as office, playroom, or TV room. Fresh designer paint throughout, new wood plank vinyl flooring in the living room, new carpeting, new ceiling fans, new fixtures and new 2 inch blinds throughout. Kitchen has been totally updated with SS appliances, beautiful granite counter tops and subway tile back-splash. Kitchen offers ample cabinet space with breakfast bar that opens up into the large living area, perfect for entertainment and family fun!

Investor Tools

Property Icon
$284,770
Estimated Property Value
$153,151Estimated Mortgage Balance
$131,619Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,524
$284,770
2025
$55,000
$229,770
$284,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,524
$284,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$168,349
Yes
First
Aug 17, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,151
$131,619
46%
54%
$1,010/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,131/mo
+$1,579/mo
11.4%

City: Red Oak

1511 Wavecrest Drive | Property Details | No Agent List