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$303,000

NAL Estimated Property Value

1928 Shadowood Trail, Colleyville, TX, 76034

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,098 Sq Ft
price_per_sqft$179.42 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Building Information

Year Built1984
Stories2

Land Information

APN37939C-38-1928
Lot Number1928
SubdivisionShadowood Trail Condominiums
Land UseResidential
Legal DescriptionSHADOWOOD TRAIL CONDOMINIUMS BLOCK 38 LOT 1928 .0094% IN CE
Census Tract113639
Assessed Land Value$60,000
Assessed Improvement Value$218,965
Assessment Year2025

About this property

Updated unit in Shadowood Trail Condo complex is waiting for new owners. This super cute end unit boasts wood like tile throughout the downstairs, wood burning fireplace with a rustic wood mantle, breakfast bar, half bath and storage galore. The kitchen overlooks the living room and has windows looking out onto the private back patio. Upstairs you will find two nice sized bedrooms which both have a walk in closet and full bathroom with a skylight. A laundry closet, which includes a stackable washer and dryer, and additional linen closet are also located upstairs. The entire unit was recently painted making it light and bright. Bransford Elementary school and Colleyville City Park are within walking distance.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$138,924Estimated Mortgage Balance
$164,076Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$262/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,345
$278,965
2025
$60,000
$218,965
$278,965
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,345
$278,965

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$154,500
No
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,924
$164,076
54%
46%
$927/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,180/mo
$1,189/mo
+$991/mo
8.6%

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: Colleyville

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1928 Shadowood Trail | Property Details | No Agent List