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Dallas 75253 Shady Oaks Estates
1425 Macy Lane
$355,000
● House - Off Market

1425 Macy Lane

Dallas, TX 75253
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,604 Ft²
$349,289
RealtyHop Estimate
-1.61%
Since Sep 1, 2023
TX-Dallas
Primary Model

About This Property

Welcome to your new home! This stunning 5 bedroom house is the perfect place for you to call your own. The large living room boasts lots of natural light and opens to the kitchen. The fully updated kitchen is equipped with energy efficient appliances and features beautiful quartz countertops and marble backsplash! Luxury vinyl plank flooring flows throughout the first floor, including the spacious primary suite. Plus, solar panels on the roof provide an environmentally-friendly way to help lower your utility bills each month. You'll love spending time outdoors in your generous backyard - a great place for gatherings with friends and family or simply enjoying some peace and quiet amidst nature's beauty. Don't miss out on this incredible opportunity!
Unit Size
2,604 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2016

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20375178)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Premium
Sold
Jul 7, 2023 Listed by Allie Beth Allman & Assoc. $355,000
Listed by Allie Beth Allman & Assoc.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,837
  • Total Building Area: 3,044
  • Building Area: 2,604
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,604
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY OAKS ESTATES PH 1
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: SHADY OAKS ESTATES PH 1 BLK P/8813 LT 7 INT201700002169 DD12302016 CO-DC 8813 00P 00700 4DA8813 00P

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 017010

Zoning

  • Zoning: Z116

Geography

  • Assessors Map Reference: 008813000P00700
  • Account Number: 008813000P00700
  • Parcel: 00-88130-00P-007-0000
  • Block: P/881
  • Lot: 7
  • Municipality: DALLAS
  • Latitude: 32.677
  • Longitude: -96.5903

    Address

  • Full Address: 1425 Macy Ln
  • Address - House Number: 1425
  • Address - Street Name: Macy
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: R014
  • 4-Digit Zip Code: 4938
  • Zip Code: 75253

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $564,610
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 336,785
  • High Value: 417,603
  • Low Value: 255,966

    Market Valuation

  • Market Total Value: $299,350
  • Market Land Value: $45,000
  • Market Improvement Value: $254,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,350
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $254,350

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 159627
  • Previous Sale Recording Date: Jan 04, 2017
  • Previous Sale Contract Date: Dec 30, 2016
  • Previous Sale Amount: $223,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Dallas

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1691 ft²

Average Home Age

39.1 years

Currently For Sale

497 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Michelle Holland, Allie Beth Allman & Assoc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20375178
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1425 Macy Lane built and last sold?
The property at 1425 Macy Lane was built in 2016 and last sold on Aug 8, 2023 for $285,950.
How much is this home worth?
The estimated value of the home located at 1425 Macy Lane is $0.
What are some comparable homes to 1425 Macy Lane?
There are currently no comparable homes to 1425 Macy Lane.
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