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$655,280

1940 Oak Leaf Ln, TX, 75154

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,997 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.58 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Convection Oven, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Electric Grill, Outdoor Kitchen
Lot Size1 acre

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN60.7000.901.025.00.111
Lot Number25
SubdivisionOak Leaf Estates
Land UseResidential
Legal DescriptionLOT 25 BLK A OAK LEAF ESTATES 1.0 AC
Census Tract060215
Assessed Land Value$150,000
Assessed Improvement Value$505,280
Assessment Year2025

About this property

This beautifully updated 4-bedroom, 2.5-bath home in Red Oak is a true gem! Situated on a desirable corner lot, this home boasts exceptional curb appeal and a spacious yard. Enter to discover modern elegance with new wood flooring on the first floor, fresh carpet upstairs, and abundant natural light throughout. The inviting living room features large windows and seamlessly connects to the stylish eat-in kitchen, complete with an island with seating, built-in stainless steel appliances, designer lighting, ample storage, and a bright breakfast nook. The serene primary suite offers a relaxing retreat with a seating area, a luxurious ensuite bath with separate vanities, a soaking tub, a walk-in shower, and a generous walk-in closet. Spacious secondary bedrooms provide comfort, while the cozy media room is perfect for movie nights. French doors open to a dedicated home office, ideal for remote work. You will appreciate the private backyard oasis with a covered patio and a sparkling pool, perfect for entertaining. With updated bathrooms, new windows, and an unbeatable location near parks, shopping, and dining, this home is move-in ready. Don’t miss the 3D tour online—come see it today!

Investor Tools

Property Icon
$655,280
Estimated Property Value
$423,030Estimated Mortgage Balance
$185,287Estimated Equity
35% 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
$299/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$316
$655,280
2025
$150,000
$505,280
$655,280
No

Tax History

Year
Tax Paid
Assessed Value
2018
$316
$655,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Va
$423,030
Yes
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$469,993
$185,287
28%
72%
$3,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,616/mo
$-1,536/mo
3.8%

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.

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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: Oak Leaf

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1940 Oak Leaf Ln | Property Details | No Agent List