504 Redwater Rd, Wake Village, TX 75501 - Own It or Cash Flow It. This brick ranch sits on a generous lot in Wake Village with a spacious backyard framed by mature trees, a covered back patio, and a single-car garage - solid bones with great outdoor space. Inside, the layout flows through two connected living areas with wood-paneled walls, built-in shelving, carpet flooring, and ceiling fans throughout. French doors and a sliding glass door off the living room open to the backyard, adding natural light and easy outdoor access. The kitchen features abundant wood cabinetry with decorative hardware, a wall oven, an electric cooktop, a marble-look tile backsplash, and a peninsula bar that opens to the living area. Three carpeted bedrooms with ceiling fans and good closet space - including a large walk-in with built-in shelving. Two full baths round out the layout. For homeowners, this is a comfortable, move-in-ready home in the established Wake Village community, close to shopping, dining, and schools. For investors, Wake Village's steady rental demand and Texarkana's favorable entry pricing make this a reliable buy-and-hold opportunity. The traditional brick construction and functional layout appeal to long-term tenants, keeping turnover low. Bowie County Best For: Primary Residence · Long-Term Rental · Buy & Hold