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$334,351

NAL Estimated Property Value

308 Sheridan Rd, Oak Point, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.46 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,754 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR278358
Lot Number6
SubdivisionWoodridge Estates Ph One
Land UseResidential
Legal DescriptionWOODRIDGE ESTATES PH ONE BLK B LOT 6
Census Tract020115
Assessed Land Value$75,782
Assessed Improvement Value$258,569
Assessment Year2025

About this property

3% Assumable FHA loan to those who qualify. Call listing agent for details. Inviting front porch retreat welcomes you into this Pacesetter home in the Woodridge Estates Community in Oak Point. Featuring 3 bedrooms and 2 full bathrooms, this home offers a formal dining area that can also be used as an office or second living room. Upgraded kitchen with beautiful tile backsplash, newer range, newer electric stove top and newer dishwasher, stainless steel refrigerator conveys. Granite counter tops and bar add additional seating for casual meals together. Newly installed carpet in split bedrooms with fans and large closet space. Owner says that there is enough natural light that you will feel guilty turning on the lights. Enjoy an afternoon out in the huge backyard under a covered patio with a permanent shed to store your gardening and outdoor supplies. The spacious two-car garage includes a buffet cabinet to organize your tools and miscellaneous items. Move close to enjoy recreational activities at Lake Lewisville and Little Elm’s Beach and Boat Ramp. Come and see this amazing opportunity and make your new home at 308 Sheridan Rd. in Oak Point, Texas.

Investor Tools

Property Icon
$334,351
Estimated Property Value
$212,389Estimated Mortgage Balance
$121,962Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,006 /month
Positive
Cash Flow Estimate:
$669 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,718
$334,351
2025
$75,782
$258,569
$334,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,718
$334,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$237,616
Yes
First
Nov 9, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,389
$121,962
36%
64%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,825/mo
+$1,045/mo
10.3%

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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308 Sheridan Rd | Property Details | No Agent List