331 Penrose Dr, Ovilla (Red Oak), TX 75154 Property Records

Ellis County property record for 331 Penrose Dr, Ovilla, TX 75154

Property Summary

Property TypeSingle Family Home
Details4 bd · 3.5 ba · 4,250 sqft · built 2022
Lot Size0.582 acres (25,360 sqft)
Owner2 Individual Names on File
Last Sale$944,300 (Mar 2023)
Tax Bill$11,181 (2025)
Deeds & MortgagesMar 2023 Mortgage
Flood ZoneZone X (minimal risk)
APNR289120

Property Details

APN / Parcel Number

Primary APNR289120
Alternative APNs
  • 62260300300900111
  • 289120

Interior

Bedrooms4 Beds
Full Baths3.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area4,250 sqft Living Area
Gross Area4,845 sqft
1st Floor Area2,906 sqft
2nd Floor Area1,344 sqft
FlooringCarpet
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2022
Effective Year BuiltEffective 2022
Exterior MaterialBrick
Roof TypeGable/Hip
Roof MaterialComposition Shingle
Lot Area25,360 sqft (0.582 acres)
Garage TypeAttached
Garage Area441 sqft
Parking Spaces2 Parking Spaces
PorchCovered Porch
Porch Area236 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Street Address331 PENROSE DR
CityRED OAK
StateTX
Zip75154-4053
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 9 BLK 3 BROADMOOR ESTS PH 1 0.5822 AC
Legal SubdivisionBROADMOOR ADDN
Legal Block3
Legal Lot Number9
JurisdictionELLIS TX
Township / Civil DivisionWAXAHACHIE
Census Block Group3
Census Block3000
Census Tract60209

Owner

331 Penrose Dr is owned and occupied by two individuals who bought it in March 2023.

Source: Ellis County records, as of August 19, 2026

Owner of Record2 Individual Names on File
Mailing Address331 PENROSE DR, RED OAK, TX 75154-4053
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 24, 2023 · Amount on File
Deed SaleMar 24, 2023 · Amount on File
Deed Document Number20238047
Record UpdatedSep 20, 2026

March 2023: Vendor's Lien, Subdivision Related Transfer

Document TypeVendor's Lien
JurisdictionELLIS TX
Recording DateMar 24, 2023
Property Address331 PENROSE DR, RED OAK, TX 75154-4053
Document Number0002308047
Map ReferenceVOL L PG 144
Instrument DateMar 24, 2023
Instrument2308047
Transaction TypeSubdivision Related Transfer
Record UpdatedDec 4, 2023
Title CompanySENDERA TITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address500 CRESCENT CT STE 350, 350, DALLAS, TX 75201-7854

Transferred To (Grantee/Buyer)

NameVerified Name
Address331 PENROSE DR, OAK LEAF, TX 75154-4053
InvestorPossibly a Property Investor

Mortgage

Document Number0002308048
DateMar 24, 2023
Instrument2308048
Lender
NameEVERETT FINANCIAL INC
TypeFunding / Finance Company
Special NotesSeller Financed
Agreement
TypeVA Mortgage
AmountAmount on Record
Term361 Months
DueApr 1, 2053

Tax Assessment & Valuation

The 2025 property tax bill for 331 Penrose Dr was $11,181 with exemptions applied, down 9.6% from the year before.

Source: Ellis County assessment roll, as of August 19, 2026

Property Jurisdictions

TypeName
StateTexas
CountyEllis County
MunicipalityOvilla City
Unified School DistrictRed Oak Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$709,806 (-0.48%) Land $127,500 Building $582,306$709,806 (-0.48%) Land $127,500 Building $582,306
2025$11,181.00 (-9.63%) Homeowner's exemption Disabled Person's exemption Veteran's exemption$713,229 Land $127,500 Building $585,729$713,229 Land $127,500 Building $585,729
2024$12,373.00 (-5.69%)
2023$13,120.00$698,107 Land $95,000 Building $603,107$698,107 Land $95,000 Building $603,107

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 331 Penrose Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2022.

Source: FEMA National Flood Hazard Layer, effective October 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims1 (2022)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2022 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 331 Penrose Dr is moderate, ranking above 45% of the US, with a 0.07% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskModerate
above 45% of the US · lower than 81% of Texas
Wildfire Likelihood0.07% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF OVILLA
serves 4,532 people · EPA ID TX0700067
Water SourcePurchased surface water from DALLAS WATER UTILITY
Last State InspectionMar 2025
LeadUnder 1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 56 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL in parts of the area
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
Nextlink
Fixed Wireless
500 / 100
Element8
Fixed Wireless
500 / 100
T-Mobile
Fixed Wireless
100 / 20

May also be available: Verizon.

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