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$500,000

120 N Garza Rd, Shady Shores, TX, 76208

Off MarketInfo
Baths0 Bath
Baths1,824 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1936

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesStorage
Lot Size3.59 acres

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces12

Land Information

APNR38926 02
SubdivisionB. Eaves
Land UseFarm & Ranch Implements
Legal DescriptionA0388A B. EAVES, TR 98, 3.5892 ACRES, OLD DCAD TR #23B
Census Tract021412
Assessed Land Value$453,632
Assessed Improvement Value$16,368
Assessment Year2025

About this property

Just over 7 Acres of Ag Exempt land with unlimited potential. Located in the beautiful lake-city of Shady Shores, this could be the perfect property for horse lovers to build their dream home with 3 large horse barns and a large stable! Owners currently use for horse boarding. Great for investors or builders; zoned R2000 for half acre minimum lots. See MLS 14367577 or 14367561 for additional road frontage parcel. Majority of value is in the land. Home and buildings to be sold AS-IS.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,491/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,540
$470,000
2025
$453,632
$16,368
$470,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,540
$470,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$470,000
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: Shady Shores

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120 N Garza Rd | Property Details | No Agent List