1view

$412,544

544 Bluebird Ln, Red Oak, TX, 75154

Off Market

2 Beds

1 Bath

1,075 Sq Ft

Duplex

$1.51 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 3

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Refrigerator

Exterior

Lot Size11,456 sqft

Building Information

Year Built1985

Stories1

Roof Type105

Land Information

APN72.7803.903.007.00.111

Lot Number7

SubdivisionRed Oak Ests-Rev

Land UseResidential

Legal DescriptionLOT 7 BLK C RED OAK ESTS-REV .263 AC

Census Tract060206

Assessed Land Value$65,000

Assessed Improvement Value$347,817

Assessment Year2025

About this property

Psst...want a quiet, centrally located rental property 20 mins south of Dallas & 15 mins north of Waxahachie with easy access to I-35 & Hwy 644? MY DANCE CARD IS OPEN SO LET'S TANGO FOR THE NEXT 12 MONTHS! I AM RECENTLY RENOVATED - my interior is spacious & can accommodate you +3 & your pet (refer to the pet restrictions). In my owner's suite, I have my own private vanity & a separate vanity inside the oversized bathroom so when you are rushing out the door for work and you need to brush your teeth but another occupant needs to use the other bathroom amenities, it will be no problem! Convenient right!?!?! I even come with a refrigerator so you don't have to buy one. Security System and WD are included...plus brand new vanities will be installed! So, come be amazed by my offerings including my oversized backyard and long driveway that can house 4 cars. I am also close to restaurants, stores, the local hospital & much more. My dance card will fill up quick so don't miss your chance!

Investor Tools

$412,544

Estimated Property Value

$152,200Estimated Mortgage Balance

$275,688Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,475 /month

Positive

Cash Flow Estimate:

$825 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$766/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,131

$412,544

2025

$65,000

$347,817

$412,817

Tax History

Year

Tax Paid

Assessed Value

2024

$7,131

$412,544

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$152,200

First

Feb 18, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$136,856

$275,688

66%

33%

$913/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$913/mo

+$1,797/mo

7.9%

Learn About the Market: Opportunity in Texas

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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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