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Days33Days on Market
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$290,000

$295,000

1705 Oak Lea Dr, Irving, TX, 75061

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,310 Sq Ft
price_per_sqft$221.37 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size7,855 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN32271500020150000
Lot Number15
SubdivisionLone Oak Gardens
Land UseResidential
Legal DescriptionLONE OAK GARDENS BLK B LOT 15 CO-DALLAS 2715000201500 13227150002
Census Tract014602
Assessed Land Value$40,060
Assessed Improvement Value$227,440
Assessment Year2025

About this property

Welcome home! Rare Gem – Completely Reimagined and Never Lived-In Post-Remodel! This home underwent a massive 600 square foot addition in 2019, creating a stunning master ensuite and a brand-new gourmet kitchen. Unlike typical renovations, this property features a top-to-bottom structural overhaul including all-new electrical wiring, new plumbing and sewer lines, and a brand-new central HVAC system with all-new air vents all permitted with the city. The exterior has been refreshed with new siding and new insulation for maximum energy efficiency. Because the sellers have not occupied the home since the remodel, you are essentially moving into a brand-new interior. The layout offers 3 spacious bedrooms and 2 modern baths designed with a split bedroom and open living room kitchen area. Outside, the property continues to impress with a concrete driveway and a carport featuring a private security gate. An additional 600 square foot storage building in the backyard provides incredible space for a workshop or seasonal equipment. To top it all off, the home features a beautiful front porch perfect for relaxing and enjoying the neighborhood. With too many updates to list, this pristine property is a standout opportunity in the Irving market. Schedule your showing today before this one-of-a-kind home is gone!

Investor Tools

$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

Interested in this property?

Tri Nguyen

Mercedes Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,912
$267,500
2025
$40,060
$227,440
$267,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,912
$267,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
6.4%

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: Irving

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1705 Oak Lea Dr | Property Details | No Agent List