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B+
NoAgentList RatingHow are grades calculated? Info
Days19Days on Market
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$635,000

$645,000

165 Johnson Ln, Ovilla, TX, 75154

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.52 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Rain Gutters, Lighting, Private Entrance, Private Yard, Storage, Garden
Lot Size1.94 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.1362.000.011.00.111
SubdivisionPolson Ac Unr
Land UseResidential
Legal Description1362 PT 8 H M RAWLINS POLSON AC UNR 1.939 ACRES
Census Tract060216
Assessed Land Value$170,000
Assessed Improvement Value$461,607
Assessment Year2025

About this property

Sitting on nearly 2 acres with a sparkling backyard pool, basketball court & mature landscaping, this impressive property offers unique amenities in a private setting. This single-story home has been thoughtfully maintained & extensively updated over the years, with multiple living & dining areas providing flex space throughout. Front bonus room is perfect for a home office, workout space, hobby room or game room! Previously remodeled kitchen includes a center island with storage & granite countertops, SS appliances (with warranties + double ovens!) & breakfast nook adjacent to the formal dining room. Main living area is light & bright with a central fireplace that adds warmth. Oversized primary suite is complete with bay windows overlooking the backyard & an amazing ensuite featuring a custom cedar closet, separate vanities, updated glass shower & Hollywood bath. Secondary bedrooms also have custom closet storage & easy access to updated full baths. Huge laundry room is a hidden bonus with a glass shower, utility sink, drip-dry area & tons of storage. Step outside to enjoy a private backyard oasis complete with an in-ground pool, expansive patio space (covered + uncovered), mature shade trees, manicured landscaping & nearly two acres of usable land. Wrought-iron fencing (2023) provides privacy around the immediate backyard, while the storage shed, basketball court & sprawling green space offer endless possibilities for recreation, gardening, storage or future improvements like additional structures (ADU, workshop, etc). Major updates include a newer roof (2018), HVAC replacement (2013), dual water heaters (2015 & 2018), kitchen remodel (2013), bathroom remodel (2016), updated windows, whole-home flooring (2012), gutters & guards (2020), repainted exterior (2021) & sprinkler system updates (2024). Beautiful location with no HOA & easy access to Red Oak, Midlothian & Dallas proper, this is a rare opportunity to enjoy acreage living without sacrificing accessibility.

Investor Tools

Property Icon
$639,000
Estimated Property Value
$80,000Estimated Mortgage Balance
$602,047Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

Interested in this property?

Matt Templeton

Keller Williams Urban Dallas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,958
$588,012
2025
$170,000
$461,607
$631,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,958
$588,012

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$80,000
No
First
Apr 20, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,953
$551,059
93%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
N/A
+$2,710/mo
5.1%

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: Ovilla

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165 Johnson Ln | Property Details | No Agent List