$375,000
1940 Shady Glen Ln, Dallas, TX, 75232
On Market
Property Lead Type:
High Equity
Highlights
Interior
Exterior
Lot Size7,934 sqft
Building Information
Year Built1967
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000652717200000
Lot Number5
SubdivisionGlen Hills
Land UseResidential
Legal DescriptionGLEN HILLS BLK 26/6914 LOT 5 INT202200192357 DD07082022 CO-DC 6914 026 00500 2006914 026
Census Tract011003
Assessed Land Value$60,000
Assessed Improvement Value$223,380
Assessment Year2025
About this property
The home has a beautiful landscape. Upon entry there are wood plank floors throughout the two living, two eating, kitchen and hallway. The master shower sports a barndoor style glass doors and the kitchen has stainless steel appliances. HWY 67 and I-35 are convenient and you are only 10 minutes from downtown.
Investor Tools
$0Estimated Mortgage Balance
$297,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,310
$283,380
2025
$60,000
$223,380
$283,380
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,310
$283,380
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$317,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.0%
