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$195,000

539 Bluebird Ln, Red Oak, TX, 75154

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
price_per_sqft$192.31 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size5,314 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.7803.902.032.00.111
Lot NumberS1
SubdivisionRed Oak Ests-Rev
Land UseResidential
Legal DescriptionLOT S1/2 OF 32 BLK B RED OAK ESTS-REV .122 AC
Census Tract060206
Assessed Land Value$55,000
Assessed Improvement Value$139,696
Assessment Year2025

About this property

Welcome home to this well maintained 2 bedroom 2 bath half duplex offering comfort, convenience, and low maintenance living. The spacious living room features attractive wood like flooring, a cozy brick wood burning fireplace, with abundant natural light and direct access to the cover patio and fenced backyard. Updated kitchen includes painted cabinetry, stainless steel appliances overlooking the living area. Both bedrooms are generously sized, and the bathrooms have been nicely updated. Step outside and enjoy the covered patio and fully fenced backyard, perfect for relaxing and entertaining. Mature shade tree enhances the curb appeal, while the spacious garage provides additional storage and convenience. It is conveniently located near shopping, dining, schools, and major highways, home is move in ready!

Investor Tools

$54,867Estimated Mortgage Balance
$140,113Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,809
$194,696
2025
$55,000
$139,696
$194,696
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,809
$194,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Phh Home Loans Llc
Conventional
$68,000
No
First
Mar 8, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,867
$139,829
71%
28%
$408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$408/mo
+$1,672/mo
12.8%

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: Red Oak

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539 Bluebird Ln | Property Details | No Agent List