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$710,000

NAL Estimated Property Value

1578 Stainback Rd, Red Oak, TX, 75154

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,662 Sq Ft
price_per_sqft$199.34 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven, Refrigerator, Washer
FlooringBamboo, Carpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony, Dog Run, Rain Gutters
Lot Size7.04 acres

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces1

Land Information

APN72.0701.000.001.01.111
SubdivisionWm Morgan
Land UseResidential
Legal Description701 WM MORGAN 7.041 ACRES
Census Tract060103
Assessed Land Value$270,000
Assessed Improvement Value$493,041
Assessment Year2025

About this property

Escape to your own private 7-acre retreat! This property offers endless possibilities to customize your dream home. With a spacious floor plan and privacy on a large lot, it’s perfect for hobby farming, landscaping projects, or just enjoying space and tranquility. Investors and visionary buyers will see the potential to create something truly special. Price has already been discounted to take in account needed repairs and upgrades. Don’t miss this rare acreage opportunity priced to sell! A massive 50x60 workshop, two barns, and other shop with electricity – ideal for animals, hobbies, or storage. Air-conditioned doggy room – a rare bonus for pet lovers or flexible space needs. Half-acre pond perfect for relaxing, fishing, or enjoying nature. Fully enclosed chicken coop! Fully fenced property offering privacy, security, and room to roam. This home is more than just a structure – it's a canvas for your vision!

Investor Tools

Property Icon
$710,000
Estimated Property Value
$168,761Estimated Mortgage Balance
$541,239Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,037
$569,252
2025
$270,000
$493,041
$763,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,037
$569,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Franklin American Mortgage Co
Va
$215,383
Yes
First
Mar 3, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,761
$541,239
76%
24%
$1,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,292/mo
+$788/mo
3.5%

City: Red Oak

1578 Stainback Rd | Property Details | No Agent List