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$171,000

NAL Estimated Property Value

7408 Scenic Dr, Lone Oak, TX, 75453

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,005 Sq Ft
price_per_sqft$238.81 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringLaminate

Exterior

Lot Size12,929 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4759-000K-0020-50
Lot Number2,4
SubdivisionRolling Hills Sec 3
Land UseResidential
Legal DescriptionS4759 ROLLING HILLS SEC 3 BLK K LOT 2 & 4 ACRES .2968
Census Tract960700
Assessed Land Value$30,380
Assessed Improvement Value$118,300
Assessment Year2025

About this property

Charming Lake Tawakoni Home w 3 Lots & Scenic Views! Discover your ideal getaway or investment opportunity w this beautifully remodeled home, offering stunning views of Lake Tawakoni! Relax in the front yard & soak in the tranquil scenery, perfect for weekends or as a permanent residence. This property features 3 lots providing ample space for outdoor activities & potential expansion. Enjoy new laminate flooring, quartz countertops in the kitchen & recently installed appliances. New windows enhance comfort & lower utility costs. Interior & exterior have been freshly painted for a welcoming feel. Garage or carport & additional storage space are located right behind the house. The 3rd lot has a separate legal address, ideal for building another home or a vacation rental. With Lake Tawakoni being one of the largest lakes near Dallas, you'll have endless opportunities for camping, swimming, fishing, and more! Don’t miss out on this fantastic chance to own a slice of lakeside paradise!

Investor Tools

Property Icon
$171,000
Estimated Property Value
$0Estimated Mortgage Balance
$171,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$148,680
2025
$30,380
$118,300
$148,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,040
$148,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

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: Lone Oak

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7408 Scenic Dr | Property Details | No Agent List