$542,000
NAL Estimated Property Value860 Sheparkon Drive, Midlothian, TX, 76065
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringWood
Exterior
Lot Size1.04 acres
Building Information
Year Built1986
Stories2
Roof Type105
Garage Spaces2
Land Information
APN54.5845.001.004.00.108
Lot Number4
SubdivisionLakegrove Rev
Land UseResidential
Legal DescriptionLOT 4 BLK 1 LAKEGROVE REV 1.04 AC
Census Tract060801
Assessed Land Value$145,000
Assessed Improvement Value$330,605
Assessment Year2025
About this property
4 bedroom plus a game room, floor to ceiling fireplace, newly renovated home office, Complete Google Home Nest system, Master bedroom and bath with garden jetted tub - 2 HVAC systems less than 2 years old - Great Neighborhood - Home sits on over an acre, large 9 ft deep pool with diving board, new pool side deck, covered back patio, lots of beautiful trees. Detached garage with large storage room - workshop attached. On a cul-de-sac next to a park. The HOA has a 4 ace lake for private use of the residents of Lake Grove.
Investor Tools
$542,000
Estimated Property Value
$356,940Estimated Mortgage Balance
$185,060Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,252 /month
Positive
Cash Flow Estimate:
$1,084 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,916
$475,605
2025
$145,000
$330,605
$475,605
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,916
$475,605
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$389,405
No
First
Dec 13, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,940
$185,060
34%
66%
$2,335/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,435/mo
$-415/mo
4.5%
