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$32,000

450 Oak Leaf Trail, East Tawakoni, TX, 75472

$41,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.36 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Electric Range
FlooringCarpet, Linoleum

Exterior

Lot Size12,724 sqft

Land Information

APN9827
Lot Number417
Land UseResidential
Legal DescriptionA0229 TOLLETT MARGARET SURVEY; (LL) WHISPERING OAKS LOT 417
Census Tract950200
Assessed Land Value$19,085
Assessment Year2025

About this property

This charming 1,400 sq. ft. home offers a spacious 3-bedroom, 2-bathroom layout with an open floor plan, perfect for those seeking room to personalize and make their own. Situated on two lots totaling 0.59 acres, the property provides ample space for outdoor activities and potential future expansion. The fenced backyard offers privacy and security, while a separate workshop adds convenience for DIY projects or extra storage. While the home needs some work, it presents an excellent opportunity for a buyer to invest in a property with great potential. The surrounding neighborhood is undergoing revitalization, with several new homes being built nearby, making it a prime area for future growth. Located just a short distance from Lake Tawakoni, you'll have easy access to recreational activities like fishing, boating, and outdoor adventures. This home is ideal for anyone looking to bring their vision to life in a developing area. It is the Buyer’s responsibility to verify all information provided, including all measurements provided by third-party sources and any Amendments or updates to restrictions.

Investor Tools

Property Icon
$32,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$41,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$41/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$338
$19,085
2025
$19,085
N/A
$19,085
No

Tax History

Year
Tax Paid
Assessed Value
2025
$338
$19,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Duane Wellboefer Ira 092873
Commercial
$98,000
No
First
Feb 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,832
N/A
0%
299%
$588/mo

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: East Tawakoni

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450 Oak Leaf Trail | Property Details | No Agent List