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$386,401

NAL Estimated Property Value

422 Shadowwood Trail, Ovilla, TX, 75154

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.57 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringOther, Tile

Exterior

Private PoolPrivate Pool
Lot Size20,822 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN62.8245.000.056.00.111
Lot Number56
SubdivisionShadow Wood Est
Land UseResidential
Legal DescriptionLOT 56 SHADOW WOOD EST .478 AC
Census Tract060216
Assessed Land Value$95,000
Assessed Improvement Value$291,401
Assessment Year2025

About this property

Located in the desirable community of Ovilla, Texas, this 3-bedroom, 2-bath home offers the perfect blend of character, functionality, and peaceful everyday living while still being conveniently located close to restaurants, schools and shopping. Situated on an oversized lot with mature trees, large grass area, swimming pool. dog run area, concrete floor storage shed, large gravel area for boat, RV or trailer parking and a large covered patio to enjoy year round. There is also a 30 amp power pole by the gravel parking area. The back yard backs up to green space for added privacy and beautiful views. With a back yard this large you have endless possibilities to make it yours and work for your needs. The garage is oversized so you are able to park 2 vehicles and still have ample room for a workshop area or added storage. The inside offers a traditional layout with large rooms, split bedrooms and a bonus room off the back of the home. The primary bedroom is large enough for a sitting area and offers a large walk in closet. This home has ample closets and storge. The kitchen offers 2 areas for an eat in kitchen, the breakfast bar and plenty of room for a kitchen table. The dining room area has oversized windows with natural lighting and plenty of room for entertaining. The laundry room is oversized with a large closet and tons of built in storage, you still have room for a craft or sewing area in the laundry room. If you are looking to have it all and still feel like you live in the country you have found your home!

Investor Tools

Property Icon
$386,401
Estimated Property Value
$195,789Estimated Mortgage Balance
$190,612Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,318 /month
Positive
Cash Flow Estimate:
$773 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,576
$386,401
2025
$95,000
$291,401
$386,401
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,576
$386,401

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$242,034
Yes
First
Mar 15, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,789
$190,612
49%
51%
$1,452/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,452/mo
+$628/mo
6.5%

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.

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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: Ovilla

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422 Shadowwood Trail | Property Details | No Agent List