Last 24 Hours
$760,452
NAL Estimated Property Value429 S Shady Shores Rd, TX, 76208
Off Market
— Beds
— Bath
1,092 Sq Ft
Unimproved Land
Built in 1954Highlights
Interior
Bedrooms —
Bathrooms —
Garage Available
Heating GasExterior
Lot Size4 acres
Building Information
Year Built1954
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR62106
SubdivisionN. French
Land UseResidential
Legal DescriptionA0424A N. FRENCH, TR 7, 4.0 ACRES, OLD DCAD TR #2
Census Tract021412
Assessed Land Value$1,127,508
Assessed Improvement Value$59,886
Assessment Year2025
About this property
COMMERCIAL or MULTI-FAMILY or RESIDENTIAL. Water and Sewer are on road at front of the property. New Shady Shores Ordinance supports development other than the traditional .5 acre lots. Beautiful big water view of the lake! Commercial and Multi-Family developers - this is your opportunity! Builder-developers subdivide into multiple lots and come build dream home(s) on Lake Lewisville. No value being given to existing homes on the property, value is in the land. Please see new survey uploaded to TransactionDesk in MLS for details. MOTIVATED SELLER... Make an offer. Seller may carry note.
Investor Tools
$760,452
Estimated Property Value
$0Estimated Mortgage Balance
$760,452Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,236/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,035
$760,452
2025
$1,127,508
$59,886
$1,187,394
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,035
$760,452
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$760,452
100%
0%
$0/mo
12.4%