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$298,000

NAL Estimated Property Value

5601 Shady Hill Lane, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.17 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Storage
Lot Size9,479 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN23260-D-24
Lot Number24
SubdivisionLakeridge Estates Addition
Land UseResidential
Legal DescriptionLAKERIDGE ESTATES ADDITION BLOCK D LOT 24
Census Tract121608
Assessed Land Value$58,480
Assessed Improvement Value$238,842
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! PLEASE SUBMIT BEST & FINALS BY 6PM MONDAY JUNE 21. MOVE-IN READY!! Super adorable updated ranch home situated on a corner lot surrounded by mature trees & fresh new landscaping. Zoned for Ditto Elementary and Martin High School. This starter home features vinyl flooring throughout. Fresh new paint in living room, kitchen, & hallway. Inviting living room with a wood burning fireplace. Galley kitchen w-antique style cabinets, quartz counters, & stainless steel appliances. Lots of shelvings & storage in the garage. Enjoy your family time under the covered patio. Roof 2016, HVAC is a couple of years old. Oversized backyard w-a fire pit & large storage shed. A MUST SEE!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$132,565Estimated Mortgage Balance
$165,435Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,717
$297,322
2025
$58,480
$238,842
$297,322
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,717
$297,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$146,000
No
First
Jul 12, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,565
$165,435
55%
44%
$876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$876/mo
+$1,714/mo
10.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Arlington

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5601 Shady Hill Lane | Property Details | No Agent List