15
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224 Shellwood Drive
About This Property
Tile flooring throughout for low-maintenance living, spacious living area filled with natural light, practical layout designed for everyday comfort, kitchen with generous cabinet storage and ample counter space, and a large covered back patio best for relaxing or entertaining, plus a private yard, washer-dryer, extra storage, and outdoor parking. Everything a tenant needs, nothing that needs work.
FOR HOMEOWNERS
Move straight into a clean, comfortable home with a covered back patio and private yard in Wake Village - where tree-lined streets, Texarkana ISD schools, and easy access to shopping, dining, and Interstate 369 make everyday life genuinely easy. In a suburb where people actively choose to live, this is one of the best value opportunities in the market right now.
FOR INVESTORS
Move-in ready, already listed at market, zero make-ready costs, and zero downtime between closing and CF. Tile flooring, a covered patio, and a private yard attract low-maintenance, long-term tenants in a suburb with strong, consistent rental demand from working families, healthcare workers, and military personnel near Red River Army Depot. At $110K in Wake Village, the numbers and the location both work.
Part of a 20-property SFR portfolio across Texarkana and Nash. Buy one or scale into multiple.
Photo Disclaimer: Some images may include virtual staging or digitally enhanced furnishings to help illustrate the property's potential. Actual furnishings, features, and conditions may vary. We recommend verifying all details during an in-person viewing or inspection.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2026 | Price Decreased |
$106,000
↓ $2K
(1.9%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$108,000
↓ $2K
(1.8%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Beycome Brokerage Realty LLC | $110,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017