1421 SHADY REST LN

3,119 SF

1956

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}

PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}

You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.

Calculator Running

1421 SHADY REST LN CORINTH, TX 76208

3,119 SF

1956

Proposed Cost {{currency(calcParams.purchaseprice)}}

Property Value {{ currency(propertyValue, 0, '-') }}

After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}

Total Monthly Rent {{ currency(unitsTotalRentalRate) }}

Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}

Rooms

Avg Weekly Rate

Rental Rate {{ currency(monthlyRental, 0, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Dave Perry Miller Real Estate

Discover an incredible opportunity to own 1 acre of prime land in Corinth! This unique property features two dwellings: a spacious main home of approx. 2,300 sqft with 3 bedrooms and 2 bathrooms, and a charming guest house approx. 850 sqft with 1 bedroom and 1 bathroom. The main house has undergone significant updates, including reframed structure, new electrical system, plumbing, new windows, exterior doors, siding, and a fresh paint, recessed lighting, new exhaust fans, and a tankless water heater. The expansive wrap-around porch is perfect for outdoor relaxation. With ample space for a shop, garage, or pool, the SF-2 zoning allows for potential rental income from both homes. Right around the corner from Corinth City Hall and The Commons at Agora - a spectacular gathering place that serves as a central hub for community activities, events and festivals! Please note that both dwellings are incomplete and will require finish out -- a perfect opportunity to create your dream home!

Virtual Tour Link

Listing Agent: Kathleen Hays
Broker Phone: 214-572-1400
Broker: Dave Perry Miller Real Estate

North Texas Real Estate information Services

	List Price:	$469,900
	List date:	10/15/2024
	Days on Rescover:	87
	MLS Source:	NTREIS
	MLS Number:	20755343
	MLS Data Sync:	1/10/2025 2:35 AM CST

DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.