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B+
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$299,900

414 Butterfly Ln, Red Oak, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.17 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size23,784 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN72.4740.901.017.00.111
Lot Number17
SubdivisionHighland Meadow-Rev
Land UseResidential
Legal DescriptionLOT 17 BLK A HIGHLAND MEADOWS NO 1 ADDN 0.546 AC
Census Tract060206
Assessed Land Value$95,000
Assessed Improvement Value$172,240
Assessment Year2025

About this property

PICTURES COMING SOON!! This is a great starter home in a well established neighborhood. The house has 3 bedrooms and 2 baths and sits on .5 an acre. The floors are laminate wood in the bedrooms and tile in the living area. The large back yard contains two storage buildings, and the perimeter of the property has chain link fencing. Large trees are in the front yard.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$299,730Estimated Mortgage Balance
$1,653Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,208
$267,240
2025
$95,000
$172,240
$267,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,208
$267,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$299,730
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,347
$1,653
0%
99%
$1,798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,798/mo
+$282/mo
8.4%

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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414 Butterfly Ln | Property Details | No Agent List