Red Oak FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Red Oak, Texas.

Featured Foreclosure Listings in Red Oak, TX

Red Oak Home Foreclosure Listing ID: 2152906

Foreclosure

Red Oak, TX - 75154

3 Bd | 2 Ba | $58,000.00

Red Oak Home Foreclosure Listing ID: 2160487

Foreclosure

Red Oak, TX - 75154

3 Bd | 1 Ba | $60,000.00

Red Oak Home Foreclosure Listing ID: 2160493

Foreclosure

Red Oak, TX - 75154

3 Bd | 2 Ba | $129,900.00

Red Oak Home Foreclosure Listing ID: 2153064

Foreclosure

Red Oak, TX - 75154

4 Bd | 2.1 Ba | $135,000.00

Red Oak Home Foreclosure Listing ID: 2160492

Foreclosure

Red Oak, TX - 75154

3 Bd | 3 Ba | $234,000.00

Total: 15
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
20 Photos
TORONTO CIR Red Oak TX 75154 Foreclosures 3 2 $58,000.00 Details
2
326 Photos
N I 35 SERVICE RD Red Oak TX 75154 Foreclosures 3 2 $39,900.00 Details
3
19 Photos
LONDON LN Red Oak TX 75154 Foreclosures 3 1 $60,000.00 Details
4
19 Photos
JORDAN DR Red Oak TX 75154 Foreclosures 4 2.1 $135,000.00 Details
5
9 Photos
S LOWRANCE RD Red Oak TX 75154 Foreclosures 3 2 $129,900.00 Details
6
21 Photos
WILLIAMSBURG LN Red Oak TX 75154 Foreclosures 3 3 $234,000.00 Details
7
32 Photos
DANCING LIGHT LN Red Oak TX 75154 Foreclosures 5 4 - Details
8
11 Photos
CARRINGTON DR Red Oak TX 75154 Foreclosures 3 2 $50,000.00 Details
9
18 Photos
LORENE DR Red Oak TX 75154 Foreclosures 3 2 $117,500.00 Details
10
24 Photos
HARVEST HILL LN Red Oak TX 75154 Foreclosures 4 2 $87,000.00 Details
11
3 Photos
CALGARY CIR Red Oak TX 75154 Foreclosures 3 2 $78,000.00 Details
12
19 Photos
HOLLOW TREE DR Red Oak TX 75154 Foreclosures 4 2.1 $128,000.00 Details
13
15 Photos
WINDSOR DR Red Oak TX 75154 Foreclosures 3 2 $58,000.00 Details
14 -
0 Photo
SUNSET DR Red Oak TX 75154 Foreclosures 4 2 $109,900.00 Details
15 -
0 Photo
CARRINGTON DR Red Oak TX 75154 Foreclosures 3 2 - Details
About our Listings

How to Buy Red Oak Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Red Oak, TX starts with finding listings. By browsing Red Oak foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Red Oak, TX.

>> See more info about how to Buy foreclosures

How to Invest in Red Oak Foreclosures

How to invest foreclosure

Red Oak foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Red Oak real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Red Oak foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Red Oak foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Red Oak

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Red Oak will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Red Oak, TX. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Red Oak apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Texas Foreclosure Laws

Foreclosure law

Texas real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Red Oak have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Red Oak REO properties.

Red Oak Banks Foreclosures

Bank Foreclosure

Red Oak bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Red Oak, TX are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Red Oak bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Red Oak Texas to be similar to buying from an agent. Check our Red Oak bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Red Oak Government Foreclosures

Government Foreclosure

Red Oak Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Red Oak TX are another popular type of foreclosure, as are VA foreclosures in Red Oak, which are available from the Veterans Affairs Department for especially great deals. Check our Red Oak government foreclosure listings.

>> See more info about govermment foreclosures

Red Oak Pre-Foreclosures

Foreclosure

PreForeclosures in Red Oak are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Red Oak Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Red Oak Foreclosure Auctions

Foreclosure Auction

Most Red Oak foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Red Oak, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Red Oak, TX. We offer a comprehensive Red Oak foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Red Oak, Texas

Find Home Foreclosure Listings in Red Oak, TX

Red Oak foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Red Oak, TX and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Red Oak Texas, best affordable foreclosure condo in Red Oak, cheap apartments for sale, bargain foreclosed homes for sale in Red Oak, TX and earn huge savings on the homes YOU want to buy!

Our Red Oak Foreclosure Lists

You can find Red Oak foreclosure homes for sale which you can buy for living or investment. Simply click through our Red Oak foreclosure home listings to find government foreclosures and bank owned homes in Red Oak area. If you're searching for a deep discount or low prices on real estate then searching our Red Oak foreclosure lists for homes foreclosure for sale or short sale listing in Red Oak is your answer. Our up-to-date Red Oak short sale listings provide the latest investing opportunities on affordable Red Oak bank owned property listings, government pre foreclosure lists, Red Oak banrkuptcy homes and Red Oak HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Red Oak, you should have little trouble finding the cheapest deal on a foreclosed home in Red Oak, Texas.

You can also search Palmer foreclosure listings and Waxahachie foreclosure listings for more properties in the neighboring area.



Red Oak, TX

As of 2011, Red Oak's population is 7,144 people. Since 2000, it has had a population growth of 66. 02 percent. The median home cost in Red Oak is $122,400. Home appreciation the last year has been -2. 02 percent. Compared to the rest of the country, Red Oak's cost of living is 7. 10% Lower than the U. S. average. Red Oak public schools spend $4,339 per student. The average school expenditure in the U. S. is $5,678. There are about 16 students per teacher in Red Oak. The unemployment rate in Red Oak is 8. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Red Oak jobs have Increased by 1. 62 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplered-oak, txUS
Population7,144307,829,557
Pop Density80687
Pop Change66.02%9.34%
Median Age32.836.6
Households2,501116,329,167
Household Size2.852.58
Male Population49.21%49.31%
Female Population50.79%50.69%
Married Population53.44%47.15%
Single Population46.56%52.85%
Estimated Households By Household Incomered-oak, txUS
Income Less Than 15k10.84%12.10%
Income Between 15k And 25k13.75%10.18%
Income Between 25k And 35k9.92%10.56%
Income Between 35k And 50k17.97%14.98%
Income Between 50k And 75k19.60%19.53%
Income Between 75k And 100k12.75%12.52%
Income Between 100k And 150k12.23%12.14%
Income Between 150k And 250k1.83%3.91%
Income Between 250k And 500k0.88%3.34%
Income Greater Than 500k0.24%0.75%
Economyred-oak, txUS
Unemployment Rate8.10%9.10%
Recent Job Growth1.62%-0.12%
Future Job Growth35.14%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$20,992$27,067
Household Income$47,862$52,954
Housingred-oak, txUS
Median Home Age20.135.1
Median Home Cost$122,400$175,100
Home Appreciation-2.02%-3.15%
Homes Owned63.01%59.90%
Housing Vacant4.67%10.37%
Homes Rented32.32%29.73%
Property Tax Rate$15.18$11.20
Owner Occupied Housing Units By Valuered-oak, txUS
Less Than 20k1.75%2.65%
20k To 399995.36%3.76%
40k To 599994.16%4.99%
60k To 799998.44%6.01%
80k To 9999910.07%7.27%
100k To 14999945.15%19.24%
150k To 19999912.90%14.67%
200k To 29999910.91%18.09%
300k To 3999991.15%9.14%
400k To 4999990.06%4.94%
500k To 7499990.06%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationred-oak, txUS
School Expend$4,339$5,678
Pupil Teacher Ratio1614.9
Students Per Librarian428803
Students Per Counselor342513
2 Yr College Grad10.60%7.47%
4 Yr College Grad7.92%17.42%
Graduate Degrees5.31%10.12%
High School Grads82.42%84.72%
Crimered-oak, txUS
Violent Crime44
Property Crime54
Housing Units By Year Structure Builtred-oak, txUS
1999 To 200529.24%13.71%
1995 To 19987.53%8.54%
1990 To 199413.55%5.77%
1980 To 198923.32%13.87%
1970 To 197914.36%16.17%
1960 To 19694.75%11.70%
1950 To 19592.20%11.08%
1940 To 19492.43%6.02%
1939 Or Earlier2.62%13.15%

Table Information