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$355,000

$360,000

607 Lark Ln, Oak Leaf, TX, 75154

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.79 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringTile, Vinyl

Exterior

Lot Size1.00 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN60.8220.000.010.00.111
Lot Number10
SubdivisionShafer Acres
Land UseResidential
Legal DescriptionLOT 10 SHAFER ACRES 1.002 AC
Census Tract060215
Assessed Land Value$125,000
Assessed Improvement Value$237,100
Assessment Year2025

About this property

Price Improvement! 607 Lark Lane offers the space, setting, and flexibility buyers are hoping to find, tucked away on over an acre in the quiet city of Oak Leaf and served by Red Oak ISD. Located on a cul-de-sac street in a small, peaceful neighborhood with no HOA, this property gives you room to breathe while still keeping you close to everyday conveniences. Dining, shopping, and quick highway access are just minutes away, making it easy to enjoy a more relaxed residential setting without feeling disconnected from town. Inside, the home features a practical and versatile layout with 4 bedrooms, 2 bathrooms, a spacious den, and an air-conditioned sunroom that adds comfortable year-round living space. The updated kitchen offers a fresh, functional feel with plenty of workspace, cabinet storage, and an easy connection to the main living areas. Luxury vinyl plank and tile flooring throughout the home provide durability, low-maintenance appeal, and a clean, updated look. The split primary suite creates a private retreat with dual closets, dual sinks, a jetted tub, and a separate shower. Outside, the full-acre setting opens up possibilities that are hard to find in a traditional neighborhood. Whether you want space for outdoor living, gardening, pets, hobbies, or simply a little more privacy between neighbors, this property delivers. The 20x20 storage building with electricity adds even more functionality and could be ideal for equipment, tools, projects, or workshop space. With its combination of acreage, updates, flexible living areas, Red Oak ISD, no HOA, and a quiet Oak Leaf location with quick access back to town, 607 Lark Lane is a rare opportunity for buyers looking for comfort, convenience, and room to spread out.

Investor Tools

Property Icon
$362,100
Estimated Property Value
$265,821Estimated Mortgage Balance
$123,150Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,173 /month
Positive
Cash Flow Estimate:
$724 /month

Interested in this property?

Paul Fritz

Fritz Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,611
$362,100
2025
$125,000
$237,100
$362,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,611
$362,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Unknown
$265,821
No
First
Apr 10, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,950
$123,150
34%
66%
$1,629/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,629/mo
+$1,081/mo
9.0%

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 Leaf

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607 Lark Ln | Property Details | No Agent List