








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Red Oak at 233 Sandy Way, Red Oak, TX, 75154 uses $120,003 cash to close to unlock $1,579/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $2,706/mo, and a $1,772/mo payment keeps the spread at $132/mo. Purchase price stands at $362,000, and rental yield measures 8.97% with $2,706/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 111.12% and total cumulative return in cash records $133,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,706/mo property income covering a $1,772/mo payment rather than investor’s personal income.
Single Family
Built in 2014
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $362,000 |
| 2024-12-09 | Price change | $377,000 |
| 2024-11-18 | Listed for sale | $382,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $336,663 | 10.00% |
| 2023-02-13 | $5230.93 | -10.18% | $306,057 | 10.00% |
| 2022-02-13 | $5823.90 | N/A | $278,234 | 10.00% |



Listed by: Charlee Rees • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24015742
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.