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$907,999

285 Red Star Rd, Lucas, TX, 75002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.17 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Convection Oven
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.54 acres

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4487-00A-0110-1
Lot Number11
SubdivisionTrailside Addition (Clu)
Land UseResidential
Legal DescriptionTRAILSIDE ADDITION (CLU), BLK A, LOT 11
Census Tract031408
Assessed Land Value$509,355
Assessed Improvement Value$290,658
Assessment Year2025

About this property

Live Your Best Life in Lucas and Lovejoy ISD! Enjoy the perfect blend of country living and city convenience in this 1.54-acre cul-de-sac gem—with friendly neighbors and no HOA! Conveniently located just minutes from Lake Lavon, major restaurants, and shopping—yet far enough out in the country to feel like your own private getaway. This spacious home offers two living areas and two dining areas with 9–10 ft ceilings throughout. Recent updates include a beautiful kitchen with granite countertops, stainless steel appliances, and a convection oven. Bathrooms feature granite counters and an updated primary suite with a separate tub, dual vanities, and a refreshed shower. Hardwood floors grace the family room and halls, complemented by stylish tile updates. Step outside to enjoy lovely landscaping with blooming Crinum lilies and roses in the flower beds. Enjoy mature live oak and maple trees, along with your own pecan “orchard”. Relax or entertain friends and family on one of two large, covered porches—the back porch overlooks a serene pond. The completely renovated pool w tanning ledge and new spa make the backyard a true oasis. A 2,000 sq. ft. metal building with electric and water offers endless possibilities for hobbies and storage, including your own air heated home office and half bath. White sun chairs and safe conveys with property.

Investor Tools

Property Icon
$961,000
Estimated Property Value
$806,500Estimated Mortgage Balance
$161,530Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,766 /month
Positive
Cash Flow Estimate:
$1,922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,318/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,013
$800,013
2025
$509,355
$290,658
$800,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,013
$800,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$806,500
No
First
Nov 18, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$799,470
$161,530
16%
83%
$4,836/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.

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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: Lucas

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285 Red Star Rd | Property Details | No Agent List