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$252,000

NAL Estimated Property Value

8935 Shorelark Dr, Dallas, TX, 75217

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.07 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size7,478 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000566098000000
Lot Number6
SubdivisionLake East
Land UseResidential
Legal DescriptionLAKE EAST ESTATES BLK 2/6324 LT 6 INT202400125033 DD06202024 CO-DC 6324 002 00600 3006324 002
Census Tract009204
Assessed Land Value$70,000
Assessed Improvement Value$176,210
Assessment Year2025

About this property

Welcome to your future home! Nestled in a serene and intimate neighborhood, this charming abode boasts all the comforts and conveniences you desire. With 3 spacious bedrooms and 2 bathrooms, there's ample space for you and your loved ones to relax and unwind. Step inside to discover a bright and airy living room, where natural light floods through the large window, open floor plan and a welcoming ambiance that's perfect for entertaining guests or enjoying cozy evenings with family. Freshly painted walls throughout the home offer an inviting atmosphere, ready for you to add your personal touch. Step out onto the covered back patio, where you can savor your morning coffee amidst the tranquil surroundings or host al fresco gatherings with friends and family. The privacy fence ensures that you can enjoy your outdoor oasis in seclusion. With easy access to all major thoroughfares, commuting to work or exploring the city is a breeze.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$239,229Estimated Mortgage Balance
$13,154Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,535 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,066
$246,210
2025
$70,000
$176,210
$246,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,066
$246,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$247,350
No
First
Jun 20, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,229
$12,771
5%
95%
$1,483/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,483/mo
+$489/mo
9.4%

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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8935 Shorelark Dr | Property Details | No Agent List