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$276,000

NAL Estimated Property Value

12200 Shine Ave, Rhome, TX, 76078

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,835 Sq Ft
price_per_sqft$159.62 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Lot Size3,650 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR264481
Lot Number11
SubdivisionShale Creek
Land UseResidential
Legal DescriptionSHALE CREEK BLK 14 LOT 11 (DENTON CO PORTION)
Census Tract020319
Assessed Land Value$35,588
Assessed Improvement Value$184,934
Assessment Year2025

About this property

Lovely 4 bedroom home in sought after Rhome location. This charming home features a modern and neutral color palette, lots of natural light, generous space in the kitchen, and no carpet! The primary bedroom features a private ensuite bath with dual vanity, garden tub and separate walk in shower. Large backyard with fresh fence, a must see!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$259,804Estimated Mortgage Balance
$16,196Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,757 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,388
$214,320
2025
$35,588
$184,934
$220,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,388
$214,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$274,928
Yes
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,804
$16,196
5%
94%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,779/mo
+$793/mo
11.2%

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: Rhome

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12200 Shine Ave | Property Details | No Agent List