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$191,500

NAL Estimated Property Value

304 N Redbud St, Ore City, TX, 75683

$226,271 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.09 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesMicrowave, Electric Oven, Gas Water Heater
FlooringTile

Exterior

Lot Size42,001 sqft

Building Information

Year Built1966
Garage Spaces1

Land Information

APN7225
Lot Number1-6
Land UseResidential
Legal DescriptionLOT 1-6, BLK 59 ORE CITY S269 (A297) .9642 ACRES & HOUSE
Census Tract950101
Assessed Land Value$25,200
Assessed Improvement Value$166,300
Assessment Year2025

About this property

*Seller has received multiple offers- Please submit highest and best offer by Thursday, Jan 22 at 12 (noon). Solid (almost one owner) home in Ore City. This spacious home has such good bones and tons of storage. The home has 2 living areas (one was used as a bedroom but does not have a designated closet). This area is off the front door so could be used as a living room or additional dining space. The garage was respectfully converted in the 70's with a fireplace added at that time for a den area. The laundry room comes off the kitchen with gas dryer option as well as electric option. This room is large enough for an extra fridge or freezer and has a small storage closet. The galley kitchen is "L" shaped with a breakfast bar and large dining or gathering space. Don't miss the huge pantry in this area. The bedrooms are all generous in size. Outside you will find 5 lots totally just under one acre fully fenced. The carport off the driveway has a small storage area also. A few things have been updated such as roof in 2022 and water heater in 2018. So much potential inside and out.

Investor Tools

Property Icon
$191,500
Estimated Property Value
$175,973Estimated Mortgage Balance
$15,527Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,271
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,149 /month
Positive
Cash Flow Estimate:
$383 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,313
$191,500
2025
$25,200
$166,300
$191,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,313
$191,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$176,739
Yes
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,973
$15,527
8%
92%
$1,060/mo

Learn About the Market: Opportunity in Texas

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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: Ore City

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304 N Redbud St | Property Details | No Agent List