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$949,000

170 Steel Dust Dr Ste El, Red Oak, TX, 75154

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths3 Bath
Baths3,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.08 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Concrete, Hardwood, Slate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size4.34 acres

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces5

Land Information

APN00.8295.000.022.00.111
Lot Number22
SubdivisionShiloh Downs Ph Iii
Land UseResidential
Legal DescriptionLOT 22 SHILOH DOWNS PH III 4.343 AC
Census Tract060103
Assessed Land Value$269,500
Assessed Improvement Value$647,859
Assessment Year2024

About this property

Luxury, land, and the freedom to enjoy both; welcome to one of the area’s most sought-after gated equestrian communities, where nearly 5 acres provide endless possibilities, whether you’re bringing your horses or simply looking for the privacy, space, and lifestyle that only acreage can offer. Designed with both everyday living and entertaining in mind, this exceptional 3,888 square foot home features 6 bedrooms, 5 full bathrooms, and a flexible floor plan with the primary suite and an additional bedroom downstairs, plus a dedicated office that could also serve as a guest room. The spacious kitchen is truly the heart of the home, featuring a large island, double ovens, a JennAir gas cooktop with a pot filler, and custom finishes that complement the home’s timeless ranch style character. Step outside to your own private retreat where a resort style backyard awaits. Enjoy the beautiful beach entry pool, expansive covered patio, outdoor kitchen complete with a built-in grill, small refrigerator, and bar, plus a convenient pool bath with direct exterior access; perfect for entertaining family and friends. The large barn, neighborhood riding trails, and the security of a gated community make this property an incredible opportunity for equestrian enthusiasts, while the open space, peaceful setting, and endless possibilities make it just as appealing for anyone dreaming of a little more room to breathe. This is the kind of property that rarely comes along and is even harder to leave! Schedule your showing today.

Investor Tools

Property Icon
$778,821
Estimated Property Value
$373,489Estimated Mortgage Balance
$480,848Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

Interested in this property?

Farrah Tate

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,272/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$778,821
2024
$269,500
$647,859
$917,359
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$778,821

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$373,489
No
First
Apr 13, 2010
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,973
$480,848
61%
38%
$2,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$4,190/mo
$-1,480/mo
4.2%

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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170 Steel Dust Dr Ste El | Property Details | No Agent List