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$350,000

4537 Shadowridge Dr, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.57 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size5,994 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR191682
Lot Number29
SubdivisionRidgepointe Ph 2-B
Land UseResidential
Legal DescriptionRIDGEPOINTE PH 2-B BLK J LOT 29
Census Tract021518
Assessed Land Value$83,944
Assessed Improvement Value$315,053
Assessment Year2025

About this property

Multiple Offers Received - Best Offers due by 5PM Tuesday, Jan 8 - Fantastic Location - Easy access to Sam Rayburn, Dallas North Tollway & I35 - Minutes from some of the best dining, entertainment & shopping in the DFW area - The Colony's Grandscape, Legacy West, Stonebriar Centers plus Hawaiian Falls are all minutes from this single story nestled in the desirable Ridgepointe neighborhood - Original owners since this home was built in 1997 - Well maintained just needs a little updating and landscape clean up - Roof under 2 years old and water heater 2024 - Laminate and ceramic tile throughout - 2 living and 2 dining rooms - Covered back patio in private back yard - Just .2 miles from Ridgepointe Park and the Shoreline Trail's head that runs along Lake Lewisville - The trail is 10 ft-wide, 3.5 mile (7 mile round trip) pathway made of concrete and decomposed granite - It is perfect for enjoying a walk, jog or bike ride along the beautiful shores of Lewisville Lake - Rustic bridges along the trail complement the beautiful natural scenery and native wildlife - Interpretive signage along the trail provides information about the flora, fauna and history of the area.

Investor Tools

Property Icon
$398,997
Estimated Property Value
$226,680Estimated Mortgage Balance
$177,675Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,099
$398,997
2025
$83,944
$315,053
$398,997
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,099
$398,997

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$226,680
No
First
Jan 30, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,322
$177,675
44%
55%
$1,360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$1,360/mo
+$980/mo
7.0%

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: The Colony

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4537 Shadowridge Dr | Property Details | No Agent List