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$700,000

185 Steel Dust Drive, Red Oak, TX, 75154

$910,000 ARVInfo
PendingInfo
Beds4 Beds
Baths4 Bath
Baths4,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.88 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6.17 acres

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00.8277.000.025.00.111
Lot Number25
SubdivisionShiloh Downs Ph Iii
Land UseResidential
Legal DescriptionLOT 25 SHILOH DOWNS PH III 6.166 AC
Census Tract060103
Assessed Land Value$285,000
Assessed Improvement Value$730,624
Assessment Year2025

About this property

INCREDIBLE PRICE for this 4609 sqft custom home on over 6 acres! Set in the desirable gated community of Shiloh Downs at the end of a cul-de-sac, this custom home on an estate delivers an exceptional blend of space, privacy, and versatility. Outside of city limits in north Ellis county (LOW TAXES!) Wonderfully crafted features like the hand-scraped hardwood floors all throughout-even in the bedrooms! From the moment you enter, beautiful marble tile, graceful archways and open living areas create a warm and luxurious living space that is sure to impress! The primary suite features expansive built-in cabinetry and custom crown molding lighting. Beautiful primary bath featuring a large walk-in shower and custom closet system. Split bedrooms with 2 ensuites and large walk in closets in each! Additional large bedroom or office located on another wing of the house, each section separated for privacy. Bonus room that is currently used as the media room with built in surround sound but also has a large walk in closet for a variety of uses. Oversized garage enhances functionality, providing ample room for vehicles, storage, or workshop potential. Outdoors, the acreage provides a rare opportunity—ideal for those seeking space for horses, recreation, or future enhancements. This property offers a sense of retreat while maintaining easy access to everyday living. Close to loop nine making it easily accessible to downtown Dallas and all that the city has to offer. This home is offered at a GREAT PRICE and is ready for you to make amazing memories! This property is being sold as is.

Investor Tools

$822,076Estimated Mortgage Balance
$193,548Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$910,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,094 /month
Positive
Cash Flow Estimate:
$2,031 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,760/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,046
$1,015,624
2025
$285,000
$730,624
$1,015,624
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,046
$1,015,624

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Upequity Spv2 Llc
Conventional
$734,291
No
First
Jan 9, 2025
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$822,076
$193,548
19%
81%
$5,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$6,557/mo
$-4,477/mo
2.5%

City: Red Oak

185 Steel Dust Drive | Property Details | No Agent List