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$277,279

NAL Estimated Property Value

206 Hearne Lane, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,040 Sq Ft
price_per_sqft$110.58 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringVinyl

Exterior

Lot Size38,289 sqft

Building Information

Year Built2010
Stories1
Roof Type105

Land Information

APN00.2807.003.002.00.105
Lot Number2
SubdivisionChase Meadows Ph Ii
Land UseResidential
Legal DescriptionLOT 2 BLK 3 CHASE MEADOWS PH II 0.879 ACRES
Census Tract060103
Assessed Land Value$125,000
Assessed Improvement Value$198,895
Assessment Year2025

About this property

Cute 3 bed 2 bath manufactured home in its original location. When you walk in you will feel like you have just nestled in to your new farm house. New white shiplap adorns the living room walls and opens up to the kitchen and dining area. Split bedrooms allows for privacy in the home. Step out back on to your large open patio and enjoy watching the kids play in the spacious backyard.

Investor Tools

Property Icon
$277,279
Estimated Property Value
$104,731Estimated Mortgage Balance
$172,548Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,337
$277,279
2025
$125,000
$198,895
$323,895
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,337
$277,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$115,900
No
First
May 9, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,731
$172,548
62%
38%
$730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$730/mo
+$1,350/mo
9.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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206 Hearne Lane | Property Details | No Agent List