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$366,509

748 E Ovilla Rd, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.3 / sqft
Year BuiltBuilt in 1983

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
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size25,003 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces5

Land Information

APN00.7500.001.005.00.111
Lot Number5
SubdivisionPrairie View
Land UseResidential
Legal DescriptionLOT 5 BLK 1 PRAIRIE VIEW .574 AC
Census Tract060207
Assessed Land Value$95,000
Assessed Improvement Value$271,509
Assessment Year2025

About this property

Seller motivated, living out of state. This 3-bedroom 2 bath Ranch house is fenced with a large, shaded wrap around driveway, 2 car attached garage. In back is a 3-car garage with carport, also beside it is a large 10 x 16 tool shed. Plenty of parking with this very large concrete driveway. Nice yard between the house and back buildings and large yard behind back buildings. House and buildings all have new roofs. Property is situated in county limits. You're not just getting a house; you're getting a compound. This is a very unique property, must come and see!

Investor Tools

Property Icon
$366,509
Estimated Property Value
$315,000Estimated Mortgage Balance
$64,805Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,555
$366,509
2025
$95,000
$271,509
$366,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,555
$366,509

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$315,000
No
First
Jan 31, 2024
Feb 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,704
$64,805
17%
82%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,889/mo
+$191/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Ovilla

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