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A+
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$327,700

305 Shady Oaks Dr, Runaway Bay, TX, 76426

$426,010 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.82 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Wood

Exterior

Lot Size22,098 sqft

Building Information

Year Built1975
Stories1
Roof Type158
Garage Spaces3

Land Information

APNS2686.0405.00
Lot Number26R
SubdivisionRunaway Bay Unit 6
Land UseResidential
Legal DescriptionLOT 26R BLK 6 RUNAWAY BAY UNIT 6
Census Tract150402
Assessment Year2025

About this property

Diamond in the rough, cute two bedroom, two and one half bath in Runaway Bay on half acre. Storage area in carport and storage shed in backyard. Large living area with fireplace and built-in cabinets. Primary room has large walk-in closet. Access to sunroom from primary or living area. Very large bonus room with two closets, sitting area and balcony with stairs going down to backyard. New HVAC installed this year, Has warranty. Needs a little updating and TLC. Near lake and community pool. Easy commute to metroplex and Denton. Selling as is. Seller will make no repairs.

Investor Tools

Property Icon
$327,700
Estimated Property Value
$245,471Estimated Mortgage Balance
$86,551Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$373,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,966 /month
Positive
Cash Flow Estimate:
$655 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$956
$327,700
2025
N/A
N/A
$332,592
No

Tax History

Year
Tax Paid
Assessed Value
2024
$956
$327,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$245,471
Yes
First
May 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,149
$86,551
26%
74%
$1,472/mo

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.

Explore Texas Explore This Area
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: Runaway Bay

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305 Shady Oaks Dr | Property Details | No Agent List