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$299,500

245 Red Oak Ln, Powderly, TX, 75473

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,994 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.2 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,113 sqft

Building Information

Year Built1994
Stories1
Garage Spaces4

Land Information

APN107384
Lot Number83
SubdivisionBeaver Creek #2
Land UseResidential
Legal DescriptionBEAVER CREEK #2, LOT 83, 245 RED OAK LANE, ACRES .6113 245 RED OAK LANE
Census Tract000101
Assessed Land Value$22,500
Assessed Improvement Value$272,530
Assessment Year2025

About this property

This well laid out 3 bedroom 2 bath brick on over .5 acre is ready for you to call home! This home has had many updates and features a tree shaded lot that is fully landscaped and a fabulous back deck area to enjoy evening meals or just sit out under the stars! Everyone will enjoy the workshop or boat storage or even a man cave for projects or large gatherings! The wood burning fireplace is welcoming as you enter the front door and the oversized den area will make those fall get togethers your place the place to gather! The formal dining area will be a place to enjoy the meals you have prepared in your well sized kitchen! The well large primary bedroom features well appointed primary bath with separate shower and dual closets that will satisfy all your storage needs. Home also has 2 additional generous sized bedrooms that will be easy to decorate! NLISD

Investor Tools

$93,555Estimated Mortgage Balance
$204,445Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,797 /month
Positive
Cash Flow Estimate:
$599 /month

Interested in this property?

Sherrie Holbert

Century 21 Executive Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,290
$295,030
2025
$22,500
$272,530
$295,030
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,290
$295,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Co
Conventional
$107,300
No
First
Feb 24, 2020
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,555
$204,445
68%
31%
$644/mo

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.

Explore Texas Explore This Area
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: Powderly

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245 Red Oak Ln | Property Details | No Agent List