$1,495,000

716 Rocky Ridge Flatts Oak Ridge, TX 76240

Estimated payment $8,211/month

18 Beds
9 Baths
8,154 Sq Ft
$183 Price per Sq Ft

Highlights

  • Granite Countertops
  • 1-Story Property
  • Garage
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

THREE TRIPLEXES in a row with gated community, total 9 units well maintained, built 2009, metal roof, covered porches, 2 car carports each, granite countertops, stone backsplash, crown molding, trey ceilings, all appliances including washer and dryer. Approx. 1 hour north of Dallas, 20 minutes from largest Casino in the world-Winstar... Approx. 15 minutes from Gainesville or Sherman, and minutes away from area Lakes. Additional storage built for each unit. Also, it conveys with additional 1.5 acres approximately land to build additional duplexes or triplexes to fetch additional income and increase the property value within the same cost. However, there is an opportunity to buy additional two single-family homes within this gated community for additional price of $175K each (refer MLS# 21122455, 21122456)

Listing Agent

Abdul Jameel Abdur Rahman

My Dream Home Helpers Realty Brokerage Phone: 214-264-2737 License #0738887 Listed on: 11/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 2009

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 8,154 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 9 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Front Facing Garage
  • Side Facing Garage
  • Additional Parking

Schools

  • Callisburg Elementary School
  • Callisburg High School

Additional Features

  • 3.11 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 84844

Community Details

Overview

  • 9 Units
  • 8,154 Sq Ft Building
  • Oakridge Subdivision

Building Details

  • Gross Income $127,932
  • Net Operating Income $92,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,085

Year Built

Built in 2009

Lot Details

0

Listing Details

  • OWNERNAME: see tax records
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-264-2737
  • CapRate: 6.17
  • Co List Office Mls Id: ANGA01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48097:84844
  • Special Features: VirtualTour
  • Year Built: 2009

Interior Features

  • Square Footage: 8154.0
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 9
  • Total Bedrooms: 18

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Fiber Cement, Other
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Additional Parking, Carport, Garage Faces Front, Garage, Garage Faces Side
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Callisburg
  • High School: Callisburg
  • Junior High Dist: Callisburg ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 3.11
  • Parcel Number: 84844
  • Lot Size Acres: 3.11
  • Lot Size Sq Ft: 135471.6

Building Info

  • Year Built: 2009
  • Units Total: 9

Multi Family

  • Insurance Expense: 5359.0
  • Annual Gross Income: 127932.0
  • Property Net Operating Income: 92184.0

MLS Schools

  • MiddleOrJuniorSchool: Callisburg

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,085 $249,372 $108,958 $140,414
2024 $4,085 $261,367 $108,958 $152,409
2023 $5,386 $248,596 $102,958 $145,638
2022 $3,459 $205,461 $59,808 $145,653
2021 $2,505 $128,357 $15,507 $112,850
2020 $2,263 $109,307 $11,631 $97,676
2019 $2,037 $97,917 $11,631 $86,286
2018 $1,415 $66,967 $9,692 $57,275
2017 $1,368 $64,288 $9,692 $54,596
2015 -- $65,987 $12,450 $53,537
2014 -- $65,987 $12,450 $53,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2025 11/30/25 For Sale $175,000 -88.3% $203 / Sq Ft
11/30/2025 11/30/25 For Sale $1,495,000 -- $183 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21122410

North Texas Real Estate Information Systems (NTREIS)

APN: 15807

Texas Cooke County Oak Ridge 76240

716 Rocky Ridge Flatts, Oak Ridge, TX

For Sale

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Abdul Jameel Abdur Rahman
Listing Agent
Abdul Jameel Abdur Rahman
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My Dream Home Helpers Realty
(940) 398-6785