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$346,000

NAL Estimated Property Value

209 Brook Ct, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.22 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave, Other
FlooringCarpet, Tile

Exterior

Lot Size20,255 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.9167.007.012.00.111
Lot Number12
SubdivisionWaterview Farms Ph Iii
Land UseResidential
Legal DescriptionLOT 12 BLK 7 WATERVIEW FARMS PH III .465 AC
Census Tract060215
Assessed Land Value$95,000
Assessed Improvement Value$241,527
Assessment Year2025

About this property

This charming 3 bedroom, 2 bath home with a large grassed back yard is nestled in the desirable Waterview Farms subdivision of Red Oak, Texas. This property has been meticulously cared for and maintained, offering a move-in-ready space that exudes both comfort and quality. The kitchen boasts stunning granite countertops, providing both style and functionality for everyday living. The attention to detail in every room reflects the owners' commitment to upkeep and care. A standout feature of this home is the Class IV roofing, designed specifically to withstand hail, flying debris, and strong winds. This durable roof reduces the risk of damage and helps minimize repair costs, giving you peace of mind year-round. The AC Unit was fully replaced in 2023. The Waterview Farms neighborhood offers a peaceful setting with a community park, perfect for enjoying the outdoors, and a tranquil pond nearby, adding to the serene atmosphere. Conveniently located near major roadways, this home provides easy access to all the amenities Red Oak has to offer, while still maintaining the quiet charm of a suburban retreat.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$283,788Estimated Mortgage Balance
$62,212Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,083
$328,852
2025
$95,000
$241,527
$336,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,083
$328,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Dart Bank
Conventional
$288,000
No
First
Jul 17, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,788
$62,212
17%
82%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,727/mo
+$353/mo
7.2%

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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209 Brook Ct | Property Details | No Agent List