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$750,000

1611 Shepherd Ln, Dallas, TX, 75253

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,732 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$433.03 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, None

Building Information

Garage Spaces2

About this property

INVESTMENT OPPORTUNITY: HOME + ADDITIONAL 6.17 ACRES! Excellent opportunity for investors, developers, or buyers looking for a property with substantial acreage in Dallas. 1611 Shepherd Lane includes an existing residence along with approximately 6.17 acres of land located directly behind the home, creating a unique opportunity to acquire a sizable property with plenty of potential. Conveniently located near US-175 C.F. Hawn Freeway, I-20 and I-635, the property offers easy connectivity to Downtown Dallas, Mesquite, Balch Springs, Seagoville and surrounding business and employment areas. Shopping, dining, services and other businesses are also available throughout the nearby US-175 and Seagoville Road corridors. PROPERTY IS BEING SOLD AS-IS. SELLER WILL MAKE NO REPAIRS. This property is ideal for an investor or buyer looking for acreage, location and long-term potential. The additional land offers possibilities for future use; however, any redevelopment, commercial use, subdivision, additional construction, or change in use is subject to applicable zoning, permitting and governmental approval.

Investor Tools

$0Estimated Mortgage Balance
$363,889Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Paige Ngo

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

City: Dallas