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Owner Contacts

$750,000

2226 Shea Rd, Dallas, TX, 75235

Off Market

3 Beds

1 Bath

1,634 Sq Ft

Single Family Residence

$459 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesNone

FlooringSee Remarks

Exterior

Lot Size14,514 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces3

Land Information

APN00000214471000000

SubdivisionMohawk Heights

Land UseResidential

Legal DescriptionMOHAWK HEIGHTS BLK 2/2366 LTS 2 & 3 50FR MOHAWK RD INT202300237519 DD11212023 CO-DC 2366 002 00200 1002366 002

Census Tract000410

Assessed Land Value$562,000

Assessment Year2025

About this property

** CALLING ALL INVESTORS, YOUR OPPORTUNITY TO BUILD ON DOUBLE LOT SIZE 100 X 144 THAT HAS BEEN ZONED FOR MULTI-FAMILY (MF-2A) IN THE MEDICAL DISTRICT AREA!!!!** Conveniently located in the HOT Medical District area, while also easily accessible to Dallas North Tollway, I-35, Love Field, UpTown Area and so much more! **THE POSSIBILITIES ARE ENDLESS**The home is a tear-down with no access inside property. Feel free to call Listing Agent with any questions. **Survey Available upon Request or for Agents in MLS Doc Storage.**

Investor Tools

$562,000

Estimated Property Value

$1,600,000Estimated Mortgage Balance

$0Estimated Equity

-185% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,500 /month

Positive

Cash Flow Estimate:

$1,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,511/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,320

$562,000

2025

$562,000

N/A

$562,000

Tax History

Year

Tax Paid

Assessed Value

2024

$15,320

$562,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interbank

Building Or Construction Loan

$1,600,000

First

Jan 13, 2025

Jan 2028

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,562,179

N/A

278%

$9,593/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,140/mo

$9,593/mo

$-7,453/mo

4.6%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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