$275,000

1,945 Sq. Ft.
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Indian Oaks Trl
West Tawakoni, TX 75474

Overview

This Short Sale is located at Indian Oaks Trl, West Tawakoni, TX 75474. It has , 1,945 sqft of living space. This property is Short Sale with an estimated market value of $249,179.
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Status: Active
Listing ID: 63558522
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Learn about Indian Oaks Trl in West Tawakoni, TX

This property is available as a short sale at Indian Oaks Trl. With 1,945 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in West Tawakoni, specifically for Indian Oaks Trl and comparable listings. Based on this expert analysis, the estimated market value is $249,179. This has potential equity of $408. If purchased for rental purposes, the monthly rental rate could range between $1,160 and $1,560, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $408. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Indian Oaks Trl are updated daily along with others in West Tawakoni, Texas, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Find out more about this property on Indian Oaks Trl
View Short Sale Status
06/10/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of West Tawakoni, TX like?

West Tawakoni is a quaint lakeside community located in Rains County, Texas. Rich in natural beauty, the town is positioned near Lake Tawakoni, which offers residents a peaceful environment and opportunities for outdoor activities such as fishing, boating, and hiking. The area boasts a friendly, small-town atmosphere where neighbors know one another, which enhances the family-oriented lifestyle.

The community is served by local amenities, including grocery stores, restaurants, and coffee shops, ensuring that residents have easy access to everyday needs. Additionally, schools in the area are dedicated to providing quality education, making it a suitable place for families with children.

Public transportation options are limited, but the town's close-knit feel offers a comfortable living experience for those who prefer to drive. With its serene surroundings and tight community ties, West Tawakoni represents an ideal location for those seeking a quieter lifestyle, yet still within a reasonable distance of larger towns for more extensive shopping and entertainment.

Nearby Schools

There are 3 schools in the area. Nearby schools include Rains High School and Rains Intermediate School.

Rains High School
Rains Intermediate School
Rains Junior High School

Nearby Attractions

There are plenty of activities near this property like Rains County Library, Rains County Community Center, and more.

Rains County Library
Rains County Community Center

What kind of public transportation is there?


Public transportation options include: Limited public transit services, with most residents relying on personal vehicles for transportation.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Lake Tawakoni State Park, Tawakoni Wildlife Management Area and more.

Lake Tawakoni State Park
Tawakoni Wildlife Management Area

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon Wireless
AT&T
T-Mobile

Internet Providers

Suddenlink Communications
AT&T Internet
Rental Chart
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for Indian Oaks Trl in West Tawakoni Texas
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Property Information

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Community & Neighborhood

This property in West Tawakoni, TX is located in the Indian Oaks Add Subdivision.


Short Sale

The property located at Indian Oaks Trl in West Tawakoni, TX is listed as a Short Sale

Short sale properties like Indian Oaks Trl in West Tawakoni, Texas represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.

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Rental Value

The estimated rental value for Indian Oaks Trl located in West Tawakoni, TX is $1,408/month. Comparable homes around Indian Oaks Trl that are rentals have monthly ranges starting as low as $1,160 per month and as high as $1,560 per month. An owner looking to use this property as an investment could bring a return in the area of $1,160 - $1,560 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
06/10/25 10/07/25 Preforeclosure
05/17/25   Short Sale
04/24/25 10/07/25 Preforeclosure Lakeview Loan Servicing LLC
04/22/25 07/01/25 Preforeclosure Lakeview Loan Servicing LLC

Similar Homes Nearby West Tawakoni, TX


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Indian Oaks Trl
West Tawakoni, TX 75474

1,945 sq. ft.

$275,000

Status: Active Listing ID: 63558522

Property Information

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Public Records

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Property Description

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Listing URL

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