$239,900
$242,900
406 S Orchid Dr, White Oak, TX, 75693
On Market
Price Drop
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Ice Maker, Microwave, Electric Water Heater, Electric Range, Electric Oven
FlooringTile, Carpet
Exterior
Lot Size12,197 sqft
Building Information
Year Built1970
Stories1
Roof Type109
Garage Spaces2
Land Information
APN0069003805-113-00-01
SubdivisionCastleberry W H Sur
Land UseResidential
Legal DescriptionAB 38 W H CASTLEBERRY SUR TR 113 SEC 5
Census Tract010302
Assessed Land Value$3,750
Assessed Improvement Value$184,620
Assessment Year2025
About this property
Nice home in White Oak on corner lot. Traditional ranch floor plan with some updates. Living room is sunken for a cozy feel with shelving all along one wall (these can be removed). Fireplace on other side of room in corner (wood burning but currently has gas logs. Kitchen has a large eating area and kitchen was completely updated about 10 years ago with cabinets, countertops and appliances. Roof and HVAC are also not very old. The exterior features a storage building with loft plus a large metal shop, all on a corner lot in the center of White Oak.
Investor Tools
$114,564Estimated Mortgage Balance
$133,335Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$931
$188,370
2025
$3,750
$184,620
$188,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$931
$188,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equipoint Financial Network Inc
Reverse Mortgage / Hecm
$174,000
No
First
Nov 19, 2011
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,564
$126,436
52%
46%
$1,044/mo
