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$317,000

NAL Estimated Property Value

217 Susan Way, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.6 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Hardwood

Exterior

Lot Size10,629 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.2704.008.002.00.111
SubdivisionBrian Terrace Ph Iii
Land UseResidential
Legal Description2 8 BRIAN TERRACE PH III 0.244 ACRES
Census Tract060207
Assessed Land Value$53,625
Assessed Improvement Value$226,237
Assessment Year2025

About this property

OPEN SATURDAY, SEPTEMBER 17th and SUNDAY, SEPTEMBER 18th from 1-3pm! This charming CUSTOM home is in walking distance of the elementary school, middle school, AND high school. It features 3 bedrooms, 2 bathrooms, BEAUTIFUL and NEW flooring throughout and NO HOA! Complete with a spacious room that can be used as a formal dining area, play room or home office. Take your shoes off and relax under the covered patio or take a dip in the HUGE above ground spa located in the backyard. Roof replaced in 2018. This home is in EXCELLENT condition. Fall in love. Make an offer. Live in your dream home :) ASK ABOUT SPECIAL FINANCING AVAILABLE.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$299,305Estimated Mortgage Balance
$17,695Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,713
$279,862
2025
$53,625
$226,237
$279,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,713
$279,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$320,625
No
First
Oct 27, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,305
$17,695
5%
94%
$1,923/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,923/mo
+$157/mo
7.9%

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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217 Susan Way | Property Details | No Agent List