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$881,690

NAL Estimated Property Value

16121 Shadybank Dr, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Oven, Ice Maker, Microwave, Refrigerator
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,542 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820483460000
Lot Number24
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 23 SEC 2 BLK 12/8193 LT 24 INT201900116175 DD05062019 CO-DC 8193 012 02400 3DA8193 012
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$581,690
Assessment Year2025

About this property

Don’t miss this beautiful 4-bedroom rental on a spacious corner lot, complete with a pool. Located in sought-after Richardson ISD, the kitchen has vaulted ceilings, granite countertops, a breakfast bar, and double ovens. The main floor offers the primary suite with a sitting area, spacious bathroom with granite, walk-in closets, and separate shower and tub; plus two big bedrooms with shared Jack and Jill bath. Upstairs, find a versatile space with a built-in desk, living area, full bath for guests. The backyard boasts a sparkling pool, cool pergola, and expansive entertainment area. Multiple spaces for office, gym; and side yard for a garden. Avoid homeownership hassles as this rental provides significant cost savings vs. mortgage + taxes. Close by to schools and restaurants!

Investor Tools

Property Icon
$881,690
Estimated Property Value
$477,563Estimated Mortgage Balance
$404,127Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,290 /month
Positive
Cash Flow Estimate:
$1,763 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,871/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,045
$881,690
2025
$300,000
$581,690
$881,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,045
$881,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chicago Mortgage Solutions Corp
Conventional
$528,000
No
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$477,563
$404,127
45%
54%
$3,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$3,211/mo
$-241/mo
4.0%

City: Dallas

16121 Shadybank Dr | Property Details | No Agent List