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$385,000

103 Melody Way, Red Oak, TX, 75154

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Lot Size5,502 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN72.4622.918.022.00.111
Lot Number22
SubdivisionHarmony Ph 5
Land UseResidential
Legal DescriptionLOT 22 BLK R HARMONY PH 5 0.1263 AC
Census Tract060216
Assessed Land Value$55,000
Assessed Improvement Value$294,000
Assessment Year2026

About this property

Welcome home to this gorgeous five-bedroom, one-story beauty featuring a warm and inviting floor plan designed for comfortable living and effortless entertaining! Beautiful wood-look flooring flows throughout, creating a stylish and cohesive feel. The open-concept design makes preparing meals, showcasing your favorite dishes, and gathering with family and friends a delight. Cozy up around the fireplace or host memorable dinners in the formal dining room. A versatile bonus room currently serves as a game room, offering endless possibilities for entertainment, hobbies, or relaxation. One of the bedrooms features elegant French doors, making it an ideal space for a home office or flex room. When it's time to unwind, retreat to the private owner's suite, thoughtfully tucked away for added comfort and privacy. Take the party outdoors and enjoy even more opportunities to entertain. This home offers the perfect blend of space, style, and functionality, making it a wonderful place to call home!

Investor Tools

$0Estimated Mortgage Balance
$349,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,855
$349,000
2026
$55,000
$294,000
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,855
$349,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,240/mo
$600/mo
+$1,640/mo
7.7%

City: Red Oak

103 Melody Way | Property Details | No Agent List