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NoAgentList RatingHow are grades calculated?

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Owner Contacts

$250,000

608 Shadyway Dr, Dallas, TX, 75232

Off Market

3 Beds

2 Bath

1,404 Sq Ft

Single Family Residence

$178.06 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size8,624 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000746674000000

Lot Number4

SubdivisionPolk Terrace 14

Land UseResidential

Legal DescriptionPOLK TERRACE 14 BLK Q/7525 LT 4 INT202500126114 DD06162025 CO-DC 7525 00Q 00400 2007525 00Q

Census Tract011104

Assessed Land Value$50,000

Assessed Improvement Value$201,660

Assessment Year2025

About this property

Welcome to your new home! This beautifully updated 3 bedroom, 2 bathroom property is nestled in a quiet, friendly neighborhood known for its community charm. Step inside to discover fresh upgrades throughout; including new carpets in bedrooms, luxury vinyl plank, brand new stainless steel appliances, new front and rear gutters, yard maintenance, and a cosmetic uplift. The spacious living room offers plenty of natural light, perfect for relaxing or entertaining guests. Big fenced in backyard with a shed! Property is conveniently located near schools, parks, everyday amenities, and quick access to Interstate 35E. Come view your new home today!

Investor Tools

$251,660

Estimated Property Value

$240,562Estimated Mortgage Balance

$0Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,510 /month

Positive

Cash Flow Estimate:

$503 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$574/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,625

$251,660

2025

$50,000

$201,660

$251,660

Tax History

Year

Tax Paid

Assessed Value

2024

$5,625

$251,660

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$240,562

Yes

First

Jun 16, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$473,372

N/A

188%

$2,886/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,886/mo

$-914/mo

9.4%

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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