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As-is Deals in Red Oak, TX

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40 Woodlake-drive-Waxahachie-TX-75165
As-Is Deal
$270,000 List Price

Woodlake Drive
Waxahachie, TX 75165

4 Bed | 2 Bath

1 Crest-dr-Midlothian-TX-76065
As-Is Deal
$350,000 List Price

Crest Dr
Midlothian, TX 76065

4 Bed | 4 Bath | 2,857 Sq. Ft.

26 University-ave-Waxahachie-TX-75165
As-Is Deal
$299,999 List Price

University Ave
Waxahachie, TX 75165

4 Bed | 2 Bath

16 Old-church-rd-Waxahachie-TX-75165
As-Is Deal
$199,900 List Price

Old Church Rd
Waxahachie, TX 75165

3 Bed | 2 Bath | 1,792 Sq. Ft.

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Foreclosure Homes in Red Oak, TX

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Red Oak, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Red Oak, TX and much more. Save thousands at closing with home foreclosure listings in Red Oak, TX — up to 75% off market value!


Top Reasons To Live In Red Oak, TX In 2021

Red Oak is located in Ellis, Texas, with an estimated municipal population of 13,464 residents. All of the best foreclosed homes for sale in Red Oak are located in the following zip code areas on Foreclosure.com: 75154. The estimated population per square kilometer (.62 miles) in Red Oak is 334.


Cost Of Living In Red Oak, TX

So, about how much do homes cost in Red Oak? The most recent median value of resident-owned homes in Red Oak is 212,533. An estimated 66.3 percent of households in Red Oak own their homes, with an average family size of 3.5. The median household income in Red Oak is 71,957, with33.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Red Oak, the median commute time of resident workers (in minutes) is 36.3. And last, but certainly not least, are you looking for homes to rent in Red Oak? If so, the average rent price paid by renters in Red Oak is 1,136, according to recent statistics.


Diversity And Demographics In Red Oak, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Red Oak, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Red Oak is 34.3, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Red Oak is 54.1, with an average family size of 3.5.

The percentage of residents who report their race in Red Oak is as follows:

White 57.2%
Black / African American 32.9%
Asian 0.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.7%
Other 2.3%

Looking for family-friendly neighborhoods in and/or near Red Oak? Or maybe you are searching for 55+ active adult communities in and/or near Red Oak?

The percentage of residents who report their age in Red Oak is as follows:

Under 10 16%
Aged 10-19 16.5%
20s 10.7%
30s 16.3%
40s 13.4%
50s 12.6%
60s 7.5%
70s 4.8%
80+ 2.2%

Best Schools In Red Oak, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Red Oak with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Red Oak.


Pros And Cons Of Living In Red Oak, Texas

How do you know that living in -- or moving to -- Red Oak is right where you need to be? Perhaps you grew up in Red Oak or already live nearby; therefore, the decision to buy a home in Red Oak is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Red Oak for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Red Oak:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Red Oak.


Reasons To Move To Red Oak, Texas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Red Oak can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Red Oak, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Red Oak, TX

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