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Owner Contacts

$950,000

4140 Shady Hill Dr, Dallas, TX, 75229

Off Market

6 Beds

7 Bath

3,126 Sq Ft

Single Family Residence

$303.9 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 6

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size16,080 sqft

Building Information

Year Built1970

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000582550000000

Lot Number4

SubdivisionHockaday Park

Land UseResidential

Legal DescriptionHOCKADAY PARK BLK G/6406 LT 4 INT202400262565 DD12272024 CO-DC 6404 00G 00400 1006404 00G

Census Tract009609

Assessed Land Value$800,000

Assessed Improvement Value$166,480

Assessment Year2025

About this property

Welcome to this charming home in Hockaday Park, cherished by the same family since 1971! Sitting on an oversized lot, with an ideal floorplan and extra spacious rooms, this home offers style, comfort and functionality. The stunning backyard is a master gardener’s dream, offering a perfect oasis for relaxation and entertaining. The roof is only 4 years old and will provide peace of mind for years to come. This is one of the premier neighborhoods in Dallas, and is surrounded by the best private and award winning public schools.

Investor Tools

$2,900,000

Estimated Property Value

$1,425,000Estimated Mortgage Balance

$1,409,555Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$17,400 /month

Positive

Cash Flow Estimate:

$5,800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,264/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,669

$966,480

2025

$800,000

$166,480

$966,480

Tax History

Year

Tax Paid

Assessed Value

2024

$12,669

$966,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Financial Bank

Building Or Construction Loan

$1,425,000

First

Jan 24, 2025

Jan 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,490,445

$1,409,555

48%

51%

$9,144/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$9,144/mo

$-6,572/mo

1.1%

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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