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$1,106,000

224 Martingale Road, Oak Point, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.19 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting
Lot Size2.50 acres

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces5

Land Information

APNR272188
Lot Number7
SubdivisionHunters Ridge Est
Land UseResidential
Legal DescriptionHUNTERS RIDGE EST BLK A LOT 7
Census Tract020115
Assessed Land Value$339,490
Assessed Improvement Value$801,656
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE FOR ALL OFFERS SUNDAY AUGUST 8th 5PM. Remarkable traditional home on a peaceful 2.5 acre property just minutes to Lake Lewisville. A spectacular entry welcomes you inside w soaring 21 ft. ceilings & expansive hardwoods. This floor plan is an entertainer's dream w a fully equipped chef's kitchen w dual ovens, gas cook-top, & ample space for preparing meals. Luxurious primary bedroom w private patio access & tranquil en suite w his & her WIC's, dual vanities & 2 shower heads. Desirable guest room is situated on the 1st floor. Enjoy the upstairs GR w wet bar & media room w screen & projector. Take advantage of the wonderful stone paved patio & firepit outdoors!

Investor Tools

Property Icon
$1,106,000
Estimated Property Value
$0Estimated Mortgage Balance
$522,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,636 /month
Positive
Cash Flow Estimate:
$2,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,758
$1,014,850
2025
$339,490
$801,656
$1,141,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,758
$1,014,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quontic Bank Fsb
Conventional
$640,000
No
First
Sep 17, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,331
$522,669
47%
53%
$3,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,838/mo
$-88/mo
4.1%

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: Oak Point

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224 Martingale Road | Property Details | No Agent List