$438,000
NAL Estimated Property Value327 N Main St, Red Oak, TX, 75154
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Range, Microwave
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesLighting
Lot Size17,816 sqft
Building Information
Year Built2023
Stories1
Roof Type105
Garage Spaces2
Land Information
APN72.0751.000.009.00.111
SubdivisionMc Kinney & Williams
Land UseResidential
Legal Description751 MC KINNEY & WILLIAMS 0.409 ACRES
Census Tract060206
Assessed Land Value$95,000
Assessed Improvement Value$328,312
Assessment Year2025
About this property
Welcome Home! Located in sought after Red Oak this 2023 new construction features four bedrooms, two full baths, study, open floor plan, stone fireplace and NO HOA! The living room and kitchen feature large energy efficient windows that allows plenty of natural sunlight. Other features include walk in master closet, walk in pantry, high living room ceiling, decorative lighting and much more! Large backyard that's perfect for family gatherings and entertainment. Located only 20 minutes south of Dallas!
Investor Tools
$438,000
Estimated Property Value
$365,962Estimated Mortgage Balance
$72,038Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,281
$423,312
2025
$95,000
$328,312
$423,312
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,281
$423,312
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$383,999
No
First
Oct 10, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,962
$72,038
16%
84%
$2,303/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,303/mo
+$407/mo
7.4%
