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$457,318

155 Tom Driver Rd, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.46 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size4.99 acres

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.0199.000.022.01.105
SubdivisionR Crow
Land UseResidential
Legal Description199 R CROW 4.99 ACRES
Census Tract060103
Assessed Land Value$225,000
Assessed Improvement Value$232,318
Assessment Year2025

About this property

A rare opportunity to live within 30 minutes of Dallas on a fully functioning organic farm & residence. Double lot for potential build, investment or multi-gen property. Interior features a large kitchen with ample storage & a remodeled guest bathroom. 4 stall metal barn plus three chicken coops, 16X36 greenhouse, 48x18 high tunnel greenhouse, plant house, a shed & covered storage. Approximately 1.5 acres of cultivated organic gardening soil separately fenced in addition to raised bed kitchen garden. Several green features including whole house solar power system with Tesla Powerwall batteries, 220 outlet for electric car, a rainwater catch system tied to the gutters & a 650 gallon water storage tank. 11 zone irrigation system for gardens & house perimeter. All eaves, soffits & siding replaced with Hardie. All new Trane HVAC system replaced 2021 with softstart. New Aerobic septic system replaced in 2020. See documents for list of fruit trees & crops. Listing agent related to owner

Investor Tools

Property Icon
$457,318
Estimated Property Value
$350,000Estimated Mortgage Balance
$119,351Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$457,318
2025
$225,000
$232,318
$457,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$457,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$350,000
No
First
Jun 17, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,967
$119,351
26%
74%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,099/mo
$-19/mo
5.5%

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.

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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155 Tom Driver Rd | Property Details | No Agent List