For SaleRisky Deal21 days on market
308 Shetland Ln
308 Shetland Ln, Northlake, TX 76247, Northlake, TX 76247
$650,000
Estimate®:$632,400
Listing Price
308 Shetland Ln, Northlake, TX 76247
Loc: Northlake, TX
Days Listed
21
Tax Assessed
$476k
Estimate®
$632k
Market Rate
Lot Size
7,100 sqft
Rent Estimate
$3,703/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
craftsman stylebrick facadegabled rooftwo-car garagelandscaped gardeninviting front porchmodern aestheticsuburban homesunset lightingbasketball hooparchitectural detailsingle-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.35%
Total ROI
31.6%
Cash Flow
$-1,561/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,561/mo net cash flow with a 3.4% 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 |
|---|---|---|---|
| 2026-09-03 | Listed for sale | $650,000 | $221 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $11,573.72 | $476,277 |
| 2024 | $1,837.72 | $104,371 |
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