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$395,878

NAL Estimated Property Value

505 Roaring Creek Dr, Oak Leaf, TX, 75154

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,850 Sq Ft
price_per_sqft$216.22 / sqft
Year BuiltBuilt in 1986

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
AppliancesElectric Oven, Electric Range, Disposal

Exterior

Lot Size30,492 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces4

Land Information

APN60.6026.000.044.00.111
SubdivisionLittle Creek Est #4
Land UseResidential
Legal Description44 LITTLE CREEK EST #4 0.7 ACRES
Census Tract060215
Assessed Land Value$108,000
Assessed Improvement Value$287,878
Assessment Year2025

About this property

Embrace the perfect blend of contemporary living and small-town charm at 505 Roaring Creek Dr in the desirable community of Oak Leaf, Texas. This captivating residence offers3 bedrooms, 2 full bathrooms, 1 half bath, floor plan to serve many needs, large well maintained lot, and an additional 2 car carport making it an ideal place to call home. With an additional living space and large covered patio you have a perfect set up for entertaining. Your new home is nestled in a peaceful, well established neighborhood with easy access to main roads and highways. Turn this house into your NextHome!

Investor Tools

Property Icon
$395,878
Estimated Property Value
$366,063Estimated Mortgage Balance
$29,815Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,026
$395,878
2025
$108,000
$287,878
$395,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,026
$395,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$384,750
No
First
Sep 28, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,063
$29,815
7%
92%
$2,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,307/mo
$-227/mo
6.3%

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.

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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 Leaf

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505 Roaring Creek Dr | Property Details | No Agent List