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$751,000

NAL Estimated Property Value

8517 Shagrock Lane, Dallas, TX, 75238

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,482 Sq Ft
price_per_sqft$231.67 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,024 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000738037000000
Lot Number15
SubdivisionLakeland Hills No 1
Land UseResidential
Legal DescriptionLAKELAND HILLS NO 1 BLK 5/7486 LT 15 INT202100243183 DD08132021 CO-DC 7486 005 01500 3007486 005
Census Tract013007
Assessed Land Value$300,000
Assessed Improvement Value$450,000
Assessment Year2025

About this property

FULLY UPDATED contemporary ranch is surprisingly large! With big, bright and airy chef's kitchen you'll appreciate the loads of storage & quartz countertops for days! While open to the dining area it also offers counter seating for a quick meal. The dry bar & handy beverage fridge make it is easy to grab an afternoon snack. The wall of windows leading to the family room lets in tons of light and allows amazing views of the backyard, that's perfect for entertaining adults & kids alike. Two noteworthy features include custom treehouse & beautiful vaulted carport enclosed by electronic cedar gate. Home to an architect, means smart and clever use of space throughout! Fresh carpet upstairs, replaced electrical box.

Investor Tools

Property Icon
$751,000
Estimated Property Value
$276,015Estimated Mortgage Balance
$474,985Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,506 /month
Positive
Cash Flow Estimate:
$1,502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,759
$750,000
2025
$300,000
$450,000
$750,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,759
$750,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$300,000
No
First
Feb 17, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,015
$474,985
63%
37%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,799/mo
+$773/mo
4.1%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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8517 Shagrock Lane | Property Details | No Agent List