For SaleRisky Deal162 days on market
216 Shetland Ln
216 Shetland Ln, Northlake, TX 76247, Northlake, TX 76247
$690,000
Estimate®:$672,900
Listing Price
216 Shetland Ln, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
162
Tax Assessed
$656k
Estimate®
$673k
Market Rate
Lot Size
7,100 sqft
Rent Estimate
$3,907/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Johnie R Daniel Elementary School
PK-5
0.5 mi away
7
Gene Pike Middle School
6-8
6.5 mi away
8
Byron Nelson High School
9-12
6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionalbrick exteriortwo-storytwo-car garagearched entrywaydormer windowcurb appeallandscapedsuburbanstatelyshuttersresidentialmulti-gabled roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.92%
Total ROI
22.3%
Cash Flow
$-1,901/mo
DSCR
0.47
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,901/mo net cash flow with a 2.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Northlake, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-02 | Price change | $690,000 | $226 |
| 2026-04-24 | Price change | $715,000 | $234 |
| 2026-04-16 | Listed for sale | $735,000 | $241 |
| 2026-03-03 | Listing removed | $735,000 | $241 |
| 2025-11-13 | Listed for sale | $735,000 | $241 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,024.08 | $656,000 |
| 2024 | $9,788.27 | $396,966 |
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