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$810,590

NAL Estimated Property Value

1115 W Shady Grove Road, Irving, TX, 75060

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths9,624 Sq Ft
OfficeOffice
price_per_sqft$80.53 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size42,253 sqft

Building Information

Year Built1957
Stories1
Roof Type312

Land Information

APN65049407510160000
SubdivisionHenry Gough Abst 494
Land UseCommercial
Legal DescriptionHENRY GOUGH ABST 494 PG 075 TR 16 .97 AC INT201900216922 DD08092019 CO-DC 0494075101600 1CI04940751
Census Tract015206
Assessed Land Value$211,270
Assessed Improvement Value$599,320
Assessment Year2025

About this property

This former School has a 50+ year history in the community, and is a predominant property in Irving. At the corner of S McArthur and W Shady Grove, this high traffic area is blocks from City Hall, John Haley Elementary, Kroger, Senter Recreation Center & Pool, Irving Garden & Arts Center, Townley Elementary, Shady Grove Plaza, & Uplift Infinity Preparatory School. The 9624 sqft building features 8 class rooms, 2 offices spaces, main lobby, assembly room, food prep room, and ample storage. The building is positioned on nearly 1 acre of land, which includes a playground approximately 22,700 sqft, and 20 parking spaces. Property is also listed for rent @ $6000mo + NNN projected @ $1100mo.

Investor Tools

Property Icon
$810,590
Estimated Property Value
$0Estimated Mortgage Balance
$810,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,864 /month
Positive
Cash Flow Estimate:
$1,621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,331
$810,590
2025
$211,270
$599,320
$810,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,331
$810,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$810,590
100%
0%
$0/mo

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.

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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: Irving

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1115 W Shady Grove Road | Property Details | No Agent List