$16,000
NAL Estimated Property Value241 Red Oak Drive, Bullard, TX, 75757
Off Market
Highlights
Interior
Exterior
Lot Size8,494 sqft
Land Information
APN530784548
Lot Number526
Land UseResidential
Legal DescriptionLOT 526 BLK 2 LAKE PALESTINE LAKEWOOD 80X118 - BISD
Census Tract950202
Assessed Land Value$6,460
Assessment Year2025
About this property
.21 acre wooded lot in Lakewood POA; a gated community with a swimming pool, basketball court, public boat ramp, common areas and a club house! Come build your dream home or weekend getaway. Mobile homes are permitted. Lakewood POA features access to both Lake Palestine & Lake Mayo in Cherokee County. Bullard ISD schools! Don't miss out on your chance to be a part of this lake community in East Texas!
Investor Tools
$16,000
Estimated Property Value
$0Estimated Mortgage Balance
$16,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12
$6,460
2025
$6,460
N/A
$6,460
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2025
$12
$6,460
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$16,000
100%
0%
$0/mo
