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$285,000

385 Live Oak Drive, Inez, TX, 77968

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,438 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$198.19 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Range Hood, Water Heater, Range, Water Softener Owned
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch, Storage, Propane Tank Owned
Lot Size30,056 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN40100-000-02500
Lot Number25
SubdivisionLive Oak Estates
Land UseResidential
Legal DescriptionLIVE OAK ESTATES LOT 25
Census Tract001607
Assessed Land Value$37,050
Assessed Improvement Value$161,850
Assessment Year2025

About this property

Tucked among stunning oaks, this beautiful home in Inez shines w/ pride of ownership. Smartly laid out, this 3/2 is roomy & spacious in all the right places & has a fully climate-controlled garage that could easily pivot & to an office, a 4th bedroom or the hobby shop of your dreams! The entryway effortlessly glides into the open concept living/dining/ kitchen that is the epitome of spacious, cozy comfort! Amply sized to accommodate family gatherings, the living space is anchored by a big, wood burning fireplace that is a lovely compliment to the clean, bright, well-appointed kitchen w/ a breakfast bar that opens to the living area! The dining area can easily accommodate a large table. The big primary bedroom has an ensuite bath w/ a wonderful, updated walk-in shower & a big walk-in closet. There are 2 more nicely sized bedrooms, w/ good closets, a lovely 2nd bath & 2 great storage closets. The efficient laundry closet has nice cabinets & then there is the huge, insulated, climate-controlled garage. The oversized back yard is an extension of the living space, w/ a charming, covered patio & a fully fenced .69-acre lot that is shaded by towering oaks! This space is just begging to make your homesteading dreams come true with room for a big garden and a flock of chickens! Or while away the days floating around in the big, above ground pool! Located in the heart of the desirable Industrial School District in close proximity to US 59, your commute to anywhere lightning fast. This home doesn't just look good, it IS good boasting windows & a roof that are only 8 years old, a RUUD Achiever Plus series 2 stage high efficiency 17 seer AC unit that was installed in 2022 & includes a warranty, water heater new in 2022, Kinetico water softener, a reverse osmosis faucet in the kitchen, the dishwasher is 2 years old, there are 2 inch custom cordless blinds throughout the home, & there are 2 fantastic storage buildings. This home is genuinely a peaceful retreat & a must see!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$0Estimated Mortgage Balance
$255,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Katherine Compton

Twin Rivers Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,409
$198,900
2025
$37,050
$161,850
$198,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,409
$198,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$255,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
N/A
+$1,503/mo
7.1%

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: Inez

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