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$349,052

NAL Estimated Property Value

217 Watson Street, Red Oak, TX, 75154

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.11 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,187 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces1

Land Information

APN72.2806.902.016.00.111
Lot Number16
SubdivisionCamden Park Of Red Oak
Land UseResidential
Legal DescriptionLOT 16 BLK B CAMDEN PARK OF RED OAK 0.165 AC
Census Tract060207
Assessed Land Value$55,000
Assessed Improvement Value$294,052
Assessment Year2025

About this property

Feels like new and it shows in all the right ways. 217 Watson St has been exceptionally well cared for, offering 4 bedrooms, 2 baths, and a single-story layout that balances open living with intentional space. From the moment you walk in, you can feel the pride of ownership in how clean, fresh, and move-in ready the home presents. The kitchen anchors the home with granite countertops, stainless appliances, abundant cabinetry, and a functional island that naturally brings everyone together. It opens seamlessly to the living area, where natural light fills the space and creates an easy, welcoming flow for both everyday living and entertaining. The primary suite is positioned toward the back of the home, offering a quiet retreat with dual sinks, a walk-in shower, and a spacious closet. Just down the hall, you’ll find one secondary bedroom nearby, ideal for a nursery, office, or flex space—while two additional bedrooms are set along a separate hallway with access to a full bath, creating a comfortable setup for guests or household members. Near the entry, a versatile dining area provides flexibility to host, work, or create an additional living space that fits your lifestyle. Step outside to a fully fenced backyard with plenty of usable space to make it your own whether it's room to relax, play, or entertain without the upkeep of something oversized. Located in Red Oak with quick access to major highways, shopping, and an easy commute toward Dallas, this home offers the feel of something close to new without the wait or added expense.

Investor Tools

Property Icon
$349,052
Estimated Property Value
$220,178Estimated Mortgage Balance
$128,874Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,041
$349,052
2025
$55,000
$294,052
$349,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,041
$349,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$255,280
Yes
First
Jul 25, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,178
$128,874
36%
63%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,951/mo
+$129/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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217 Watson Street | Property Details | No Agent List