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$384,000

3760 Ovilla Road, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,944 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.07 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Concrete, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0086.000.016.00.108
SubdivisionJ S Berry
Land UseResidential
Legal Description86 J S BERRY 1 ACRES
Census Tract060221
Assessed Land Value$145,000
Assessed Improvement Value$209,601
Assessment Year2025

About this property

Country living at its best! This charming property has two homes, a work shed, an old garage and some other accessory structures. The house that was built in 1970 sits on one acre and will need some TLC. Next door at 3758 Ovilla Road is also part of this listing and is a half acre with an older home that probably will ultimately need to be torn down. Great opportunity to build an additional new home next door at 3758. Go take a look at this spacious property. Please forgive seller's clutter as they are moving their items out. Sellers will provide a generous discount for a cash buyer!

Investor Tools

Property Icon
$384,000
Estimated Property Value
$0Estimated Mortgage Balance
$335,334Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,784
$354,601
2025
$145,000
$209,601
$354,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,784
$354,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elvin John Rosa
Stand Alone First / Home Equity First Lien
$50,000
No
First
Nov 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,666
$335,334
87%
13%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$300/mo
+$1,780/mo
6.5%

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.

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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3760 Ovilla Road | Property Details | No Agent List