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B+
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Days12Days on Market
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$320,000

812 Red Oak Dr, Lewisville, TX, 75067

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.56 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,797 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR110155
Lot Number15
SubdivisionTimbercreek Est Sec 1
Land UseResidential
Legal DescriptionTIMBERCREEK EST SEC 1 BLK C LOT 15
Census Tract021740
Assessed Land Value$76,960
Assessed Improvement Value$267,130
Assessment Year2025

About this property

Updates are mostly done but not completed so please excuse any clutter, work materials and trash that will be hauled off. It just mostly needs cosmetics because the big ticket items are fine such as the roof, flooring, painting, foundation & HVAC. This North facing 3-2-2 one story is tucked away in a quiet & private location with a rear entry garage. The main bedroom is split from the others for privacy with an ensuite that has a garden tub, dual sinks & a separate shower. The kitchen has Quartz countertop with a large sink and is open to the living room. The living room has a vaulted ceiling and a brick WBFP. There is a separate uitlity room inside the home. The formal dining room would make for an ideal office or even a 4th bedroom. Compared to all the others in the area, this one is priced lower to reflect the cosmetics it could use. There is NO HOA! Hurry and bring us that offer.

Investor Tools

Property Icon
$344,090
Estimated Property Value
$162,011Estimated Mortgage Balance
$223,636Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,065 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

Lee Holtzman

RE/MAX Trinity

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,329
$344,090
2025
$76,960
$267,130
$344,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,329
$344,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Fha
$162,011
Yes
First
Nov 25, 2014
Dec 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,454
$223,636
64%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
7.5%

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: Lewisville

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