Red Oak, TX Multifamily Homes & Duplexes for Sale
About Red Oak



Founded in 1844 by Colonel James E. Patton and initially named “Possum Trot,” the city of Red Oak was named because of the Red Oak Creek and the abundance of Oak Trees lining it. Later in the 19th century, the Missouri-Kansas-Texas Railroad made its way to Red Oak, making it a more attractive community, and it connected it to Dallas and Waco. Today, the city continues to grow due to the outward expansion of the Dallas-Fort Worth Metroplex. Red Oak has a population of over 14,000, a 32 percent increase since 2010. New construction homes, a quali ...
Home Trends in Red Oak, TX
On average, homes in Red Oak, TX sell after 71 days on the market compared to the national average of 47 days. The average sale price for homes in Red Oak, TX over the last 12 months is $418,189, up 4% from the average home sale price over the previous 12 months.
Home Trends
In Red Oak, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $409,000 to $825,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Red Oak is $406,990, while the average sale price is $418,189, offering insights into the local housing market. On average, multi-family homes spend 71 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Red Oak, TX.