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$245,000

328 W Shady Grove Road, Irving, TX, 75060

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.18 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size26,180 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN65049406510010000
SubdivisionHenry Gough Survey Abstract #494
Land UseResidential
Legal DescriptionHENRY GOUGH ABST 494 PG 065 TR 1 80X326 INT202100313566 DD10152021 CO-DC 0494065100100 2CI04940651
Census Tract015101
Assessed Land Value$75,000
Assessed Improvement Value$149,590
Assessment Year2025

About this property

The lot is over a half acre, has an old water well that you might could possibly get back to using with servicing, huge mature trees, roof replaced about 10 years ago per Seller. Seller believes the water heater replaced around 5+ years ago and Seller replaced the entire HVAC system with a nice TRANE XR80 system around 5-6 years ago. Tenant occupied long term tenants over 10+ years. Video walk through is available. Available for a September move in!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,668Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$224,590
2025
$75,000
$149,590
$224,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,802
$224,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$192,000
No
First
Oct 15, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,332
$69,668
28%
72%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,152/mo
+$820/mo
9.7%

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: Irving

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328 W Shady Grove Road | Property Details | No Agent List