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$463,000

NAL Estimated Property Value

844 Shady Lake Dr, Bedford, TX, 76021

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.1 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Other

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,450 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN25265-9-21
Lot Number21
SubdivisionMayfair Hills Addition
Land UseResidential
Legal DescriptionMAYFAIR HILLS ADDITION BLOCK 9 LOT 21
Census Tract113629
Assessed Land Value$90,000
Assessed Improvement Value$340,025
Assessment Year2025

About this property

Discover enduring elegance in this magnificent Bedford home, offering soaring ceilings, beautiful wood & tile floors, and superb spaces to relax or entertain. The entryway warmly welcomes guests and loved ones, leading them inward to an expansive living area, boasting sumptuous wood paneling and a floor-to-ceiling brick fireplace. An additional, more private living area offers a well-appointed wet bar, built-in shelving, and lots of natural light. The kitchen boasts abundant cabinet storage, ample counter space, full-height tile backsplashes, and built-in ovens & cooktop, as well as a sunlit informal dining area. One secondary bedroom is situated on the main floor with two others up, sharing a full bath. The downstairs primary bedroom is spacious and includes a lovely en suite with a double vanity, a jetted tub, a separate tile shower, and two closets. Out back, enjoy a large covered patio leading to a wonderful pool with brick coping, waterline tile work, and a free-standing covered deck. Located near the heart of the Metroplex, with easy access to Grapevine Hwy as well as Hwys 183 and 121.

Investor Tools

Property Icon
$463,000
Estimated Property Value
$338,925Estimated Mortgage Balance
$124,075Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,879 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,820
$430,025
2025
$90,000
$340,025
$430,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,820
$430,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$345,000
No
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,925
$124,075
26%
73%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$2,069/mo
+$551/mo
6.8%

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: Bedford

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844 Shady Lake Dr | Property Details | No Agent List