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$449,000

107 Balsam Dr, Red Oak, TX, 75154

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,174 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.46 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,013 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN72.8601.907.004.00.111
Lot Number4
SubdivisionThe Woods Of Red Oak Ph 2
Land UseResidential
Legal DescriptionLOT 4 BLK G THE WOODS OF RED OAK PH 2 0.161 AC
Census Tract060206
Assessed Land Value$70,000
Assessed Improvement Value$411,189
Assessment Year2025

About this property

MOTIVATED SELLER. Welcome to 107 Balsam Drive—a beautifully maintained 2021 First Texas Home nestled in a desirable Red Oak community! This spacious 5-bedroom, 3-bath home offers 3,174 sq. ft. of thoughtfully designed living space with an inviting open-concept layout and an impressive blend of comfort, style, and functionality. From the moment you arrive, you'll appreciate the beautiful brick and stone exterior, mature landscaping, and welcoming curb appeal. Inside, soaring ceilings, abundant natural light, and quality finishes create a warm and spacious atmosphere. The elegant rounded staircase makes a stunning statement in the entry and living area, while the stone fireplace provides a beautiful focal point for gatherings. The spacious kitchen features an oversized island, abundant cabinetry, granite countertops, stainless-steel appliances, and a convenient breakfast area overlooking the living space. The generous primary suite provides a relaxing retreat, while four additional bedrooms offer plenty of space for family, guests, a home office, or flex space. Enjoy Texas outdoor living on the covered patio overlooking the private backyard. Additional highlights include upgraded flooring, modern lighting, ample storage, and pre-wiring for smart-home technology. This home has been lovingly maintained and is ready for its next owner. Motivated sellers—bring your offer! Don't miss the opportunity to own a beautiful, spacious home in Red Oak at an attractive price. Buyer and buyer's agent to verify all information.

Investor Tools

$354,273Estimated Mortgage Balance
$126,916Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,887 /month
Positive
Cash Flow Estimate:
$962 /month

Interested in this property?

Tiffany Hayes

New Wealth Horizons, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
$1,045/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,902
$481,189
2025
$70,000
$411,189
$481,189
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,902
$481,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$343,083
Yes
First
Nov 8, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,273
$126,916
26%
74%
$2,327/mo

City: Red Oak

107 Balsam Dr | Property Details | No Agent List