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Days64Days on Market
Views2view

$310,000

324 Cole Road, Red Oak, TX, 75154

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,153 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.86 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave

Exterior

Lot Size1.50 acres

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN99.0630.000.010.00.111
SubdivisionA M Lavender
Land UseResidential
Legal Description630 A M LAVENDER 1.5 ACRES
Census Tract060207
Assessed Land Value$147,500
Assessed Improvement Value$141,049
Assessment Year2025

About this property

Escape to the perfect blend of country living and modern convenience on this beautiful 1.5-acre property in Red Oak. Enjoy breathtaking views, wide-open spaces, and the peace and privacy you've been looking for—all while being just minutes from shopping, restaurants, and everyday amenities. Whether you're relaxing outdoors, entertaining guests, or simply enjoying the scenic surroundings, this property offers the ideal balance of rural charm and city convenience.

Investor Tools

$558,250Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Yasmine Alcala

Ready Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$575
$288,549
2025
$147,500
$141,049
$288,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$575
$288,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Star Mortgage Financial Group Corp
Va
$285,000
Yes
First
Apr 8, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$558,250
N/A
0%
193%
$3,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,418/mo
$-1,338/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Red Oak

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324 Cole Road | Property Details | No Agent List