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$366,280

NAL Estimated Property Value

13521 Shahan Dr, Farmers Branch, TX, 75234

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.35 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
FlooringSimulated Wood, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,786 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN24098500130360000
Lot Number36
SubdivisionJohnston Park
Land UseResidential
Legal DescriptionJOHNSTON PARK 2 LT 0036 INT202500098586 DD05122025 CO-DC 0985001303600 2CF09850013
Census Tract013807
Assessed Land Value$200,000
Assessed Improvement Value$166,280
Assessment Year2025

About this property

This charming Mid-Century Modern home offers a perfect blend of style and functionality, making it an inviting retreat. With three spacious bedrooms and two updated bathrooms, it features newly installed vinyl flooring and baseboards that enhance its appeal. The interior is light and bright, thanks to fresh paint throughout. The open kitchen is a highlight, boasting upgraded counters and a stylish backsplash, making it perfect for culinary enthusiasts. The large backyard, accessible through a sliding glass door, provides a fantastic space for outdoor entertaining or simply unwinding. A gas line for your BBQ adds convenience, while two storage buildings at the rear offer versatile options for hobbies, crafts, or additional storage. Further upgrades include fresh exterior paint, an updated electrical panel, new windows, and light fixtures, ensuring modern comfort. Located just minutes from DFW Airport, Brookhaven Country Club, Brookhaven College, and a variety of shopping and dining options, this home is ideally situated without the constraints of an HOA. Whether you're looking for a home to relax in or a space to entertain, this property has it all!

Investor Tools

Property Icon
$366,280
Estimated Property Value
$167,007Estimated Mortgage Balance
$199,273Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,198 /month
Positive
Cash Flow Estimate:
$733 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,863
$366,280
2025
$200,000
$166,280
$366,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,863
$366,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$170,000
No
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,007
$199,273
54%
46%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,020/mo
+$970/mo
6.5%

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: Farmers Branch

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