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Owner Contacts

$434,405

NAL Estimated Property Value

316 Susan Way, Red Oak, TX, 75154

Off Market

4 Beds

3 Bath

2,682 Sq Ft

$145.41 / sqft

Built in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters

Lot Size12,972 sqft

Building Information

Year Built2007

Stories1

Roof Type105

Garage Spaces2

Land Information

APN72.2706.012.019.00.111

Lot Number19

SubdivisionBrian Terrace Ph Iv

Land UseResidential

Legal DescriptionLOT 19 BLK 12 BRIAN TERRACE PH IV 0.2978 AC

Census Tract060207

Assessed Land Value$65,000

Assessed Improvement Value$369,405

Assessment Year2025

About this property

*OPEN SUNDAY 12-3PM* Welcome to your new home! Experience the charm of this former model 1 story home with captivating landscaping and curb appeal. Prepare to be delighted by the gourmet kitchen, boasting light cabinets, stainless steel appliances, and ample space for culinary creations. The oversized primary bedroom offers a serene retreat complete with dual sinks, modern fixtures, luxurious shower and a walk-in closet. You'll notice thoughtfully chosen light fixtures throughout. Whether hosting gatherings or enjoying quiet moments, the long covered back porch provides the perfect setting for outdoor relaxation and entertainment. Rest easy knowing the roof was replaced in 2021, while the property is equipped with a sprinkler system and gutters for added convenience and peace of mind. Located in a highly sought-after NO HOA neighborhood and walking distance to ALL 3 schools (elementary, middle, and high school). This home is truly STUNNING. Schedule your showing today!

Investor Tools

$434,405

Estimated Property Value

$311,392Estimated Mortgage Balance

$123,013Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,606 /month

Positive

Cash Flow Estimate:

$869 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$732/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,611

$434,405

2025

$65,000

$369,405

$434,405

Tax History

Year

Tax Paid

Assessed Value

2024

$6,611

$434,405

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Trusted Rate Inc

Conventional

$323,000

First

May 24, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$311,392

$123,013

28%

72%

$1,937/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$1,937/mo

+$773/mo

7.5%

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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