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$290,000

200 Hearne Ln, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.04 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesOutdoor Shower, Private Entrance
Lot Size40,903 sqft

Building Information

Year Built2014
Stories1

Land Information

APN00.2807.003.001.00.105
Lot Number1
SubdivisionChase Meadows Ph Ii
Land UseResidential
Legal DescriptionLOT 1 BLK 3 CHASE MEADOWS PH II .939 AC
Census Tract060103
Assessed Land Value$125,000
Assessed Improvement Value$129,399
Assessment Year2025

About this property

***SELLER IS PAYING OFF THE SOLAR PANELS AT CLOSING*** Welcome to 200 Hearne Lane – Where Country Living Meets “Dang, This Is Nice!” This isn’t your grandma’s doublewide—this 3 bed, 2 bath beauty sits on just under an acre and has been kept in tip-top shape. With nearly 2,000 square feet of living space and a 3-year-old roof overhead, you’ll have room to spread out and breathe easy—literally and figuratively. Step inside and you'll find tasteful finishes, a spacious layout, and a walk-in primary shower that’s practically its own zip code. Hosting guests or just trying to escape your own kids? We’ve got you covered with a man cave so long it might need its own address—perfect for tools, toys, projects, or hiding from your in-laws. Oh, and let’s talk solar. These panels are more than just roof candy—they’re a game-changer. With a quick payoff at closing, you’ll be soaking up sunshine while keeping your electric bills under $100. That’s right—more money for brisket, boots, or backyard bonfires. Want space? Check. Style? Check. Utility savings? Triple check. All this in peaceful Red Oak, with room to grow, roam, or just relax. Come see it for yourself—because “affordable and awesome” actually do go together.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$279,837Estimated Mortgage Balance
$1,703Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$318
$143,892
2025
$125,000
$129,399
$254,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$318
$143,892

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Fha
$279,837
Yes
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,297
$1,703
0%
99%
$1,729/mo

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: Red Oak

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200 Hearne Ln | Property Details | No Agent List