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$700,000

104 Island Circle, Shady Shores, TX, 76208

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,237 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.92 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.00 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR176300
Lot Number6
SubdivisionThe Lakes Of Shady Shores
Land UseResidential
Legal DescriptionTHE LAKES OF SHADY SHORES BLK C LOT 6
Census Tract021412
Assessed Land Value$272,342
Assessed Improvement Value$343,598
Assessment Year2025

About this property

Welcome to 104 Island Circle, a truly exceptional estate nestled on a breathtaking one-acre waterfront lot in the highly sought-after gated community of Lakes of Shady Shores. Backing directly to one of the neighborhood’s scenic ponds, this property offers stunning water views, abundant wildlife, and the daily enjoyment of watching geese and other birds gather along the shoreline, creating a peaceful and picturesque setting. The beautifully updated home features an open-concept layout with the kitchen flowing seamlessly into the spacious living area, a private office, formal dining space, game room, split-bedroom design, and a luxurious primary suite with French doors leading directly to the backyard retreat. Step outside to an incredible resort-style oasis complete with a custom gunite pool and spa, expansive flagstone patios, multiple covered sitting and entertaining areas, a pergola, and over 1,000 square feet of outdoor living space. The massive backyard provides endless possibilities for recreation, entertaining, gardening, or simply enjoying the serenity of your own private estate. With its unmatched lot, stunning views, exceptional outdoor amenities, and secure gated setting, this is a rare opportunity to own one of the most desirable properties in Lakes of Shady Shores.

Investor Tools

$555,660Estimated Mortgage Balance
$60,280Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Shelby Buehler

Keller Williams Realty-FM

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,649
$615,940
2025
$272,342
$343,598
$615,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,649
$615,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$570,000
No
First
Dec 9, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$555,660
$60,280
9%
90%
$3,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$4,218/mo
$-2,128/mo
4.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Shady Shores

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