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$420,000

502 Royal Oaks Ln, Oak Point, TX, 75068

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.17 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Garden
Lot Size9,714 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR707274
Lot Number18
SubdivisionWoodridge Estates Phase Six
Land UseResidential
Legal DescriptionWOODRIDGE ESTATES PHASE SIX BLK L LOT 18
Census Tract020115
Assessed Land Value$92,282
Assessed Improvement Value$331,792
Assessment Year2025

About this property

What if your everyday backyard could feel like a private getaway? Backing to an expansive panoramic greenbelt on an oversized nearly quarter-acre premium lot, this exceptional one-story stone & brick façade home in Woodbridge Estates of Oak Point delivers the kind of backyard retreat that makes staying home feel like a vacation. Built by DR Horton, this beautifully maintained 3-bed, 2-bath home offers 2 living areas, 1 dining room & an open-concept layout designed for both comfortable living & effortless entertaining. With no carpet in the home, luxury vinyl plank flooring & tile flow throughout, complemented by 6-inch baseboards & abundant natural light. The large centerpiece kitchen features an island, granite serving bar, abundant cabinetry & stainless-steel appliances, including a Samsung dishwasher & refrigerator, Frigidaire microwave & electric cooktop and oven. The main living space features a beautiful electric fireplace insert with logs that creates the perfect ambiance & overlooks the spectacular backyard. Wake up to peaceful greenbelt views & step into a spacious primary retreat with an ensuite bath featuring dual sinks, walk in closet, a garden tub and a separate shower with designer tile surround. But the backyard is where this property truly steals the show. Built by BMR, the sparkling chlorine play depth pool creates a resort-like centerpiece surrounded by extensive covered & open patio spaces, raised garden beds & a greenbelt backdrop with uninterrupted panoramic views. The extended covered patio complete with multiple ceiling fans & a remote-controlled screen for added shade or privacy. Residents can enjoy a neighborhood pool, clubhouse, playground & scenic trails, while the home's premium greenbelt position provides an added sense of privacy & connection to nature. From morning coffee overlooking the greenbelt to poolside evenings watching movies under the Texas sky, this is more than a home... it’s a place that makes you want to stay.

Investor Tools

$207,467Estimated Mortgage Balance
$216,607Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

Interested in this property?

Beth Gaskill

Keller Williams Realty-FM

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,996
$424,074
2025
$92,282
$331,792
$424,074
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,996
$424,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Unknown
$27,445
No
First
Jan 30, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,467
$216,607
51%
49%
$1,373/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,773/mo
+$1,097/mo
8.1%

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: Oak Point

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