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- Updated 3BR/2BA on Cul-de-sac | New Roof & HVAC | Hurst, TX
Updated 3BR/2BA on Cul-de-sac | New Roof & HVAC | Hurst, TX
532 Plainview Dr , Shady Oaks Add , Hurst
Description
OPPORTUNITY HOME IN HURST’S SHADY OAKS ADDITION
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THE PROPERTY:
Welcome to 532 Plainview Dr – a 3-bedroom, 2-bathroom single-family home nestled on a quiet cul-de-sac in Hurst’s established Shady Oaks neighborhood. Built in 1962, this Traditional-style brick home offers 1,843 SqFt of living space on a generous 0.23-acre lot with mature oak trees and a large covered screened-in porch.
KEY UPDATES (Major Systems Recently Replaced):
🏠 NEW ROOF – Composition roof replaced in the last year
❄️ NEW HVAC – Fairly new central air and natural gas heating
🚿 NEW WATER HEATER – Fairly new electric water heater
ROOM DIMENSIONS:
• Living Room: 20’ x 13’ (1st Floor)
• Dining Room: 20’ x 13’ (1st Floor)
• Additional Dining: 17’ x 14’ (1st Floor)
• Kitchen: 11’ x 9’ (1st Floor)
• Breakfast Area: 11’ x 8’ (1st Floor)
• Primary Bedroom: 15’ x 13’ (1st Floor)
• Bedroom 2: 13’ x 12’ (1st Floor)
• Bedroom 3: 13’ x 12’ (1st Floor)
INTERIOR FEATURES:
✓ Open Floor Plan with Eat-in Kitchen
✓ Granite Countertops
✓ Walk-In Closet(s)
✓ Gas Fireplace with Brick Surround, Glass Doors & Heatilator
✓ Flooring: Carpet, Ceramic Tile, Engineered Wood
✓ Full Appliance Package: Dishwasher, Disposal, Electric Range/Oven
EXTERIOR & LOT:
✓ Brick Exterior on Slab Foundation
✓ 0.23 Acre Lot with Mature Oak Trees
✓ Large Covered Screened-In Porch (Perfect for Entertaining)
✓ Sprinkler System & Wood/Chain Link Fencing
✓ 2-Car Attached Garage (20’ x 20’) with Opener
INVESTMENT ANALYSIS:
💰 List Price: $315,525
📐 Price/SqFt: $171
📈 Est. Cap Rate: 3.17%
🏦 Est. Monthly Payment: $2,246
💵 Est. Monthly Rent: $2,400
📊 Tax Value Growth (8yr): 195.8%
TAX ASSESSMENT HISTORY:
• 2024: $358,226
• 2023: $295,475
• 2022: $276,121
• 2017: $189,910
• 2016: $121,100 (196% increase to 2024!)
LYNC SCORE: 86/100
• Value & Deal Quality: 31/35
• Appreciation Potential: 34/35
• Cross-Border Fit: 21/30
LOCATION ADVANTAGES:
✓ Cul-de-sac location offers privacy and low traffic
✓ Well-established neighborhood with timeless charm
✓ Minutes from top-rated Hurst-Euless-Bedford ISD schools
✓ Near parks, shopping centers, and diverse dining
✓ DFW Airport approximately 15 minutes away
✓ No State Income Tax in Texas
IDEAL BUYER PROFILE:
✓ First-time home buyers seeking value
✓ DIY enthusiasts with vision for cosmetic updates
✓ Cash-flow investors entering the DFW market
✓ Buyers wanting move-in ready major systems
MLS#: NTREIS-21110424
Property Details
Features & Finishes
Investment Intelligence
Investment Thesis
ENTRY-LEVEL CASH-FLOW OPPORTUNITY: Recently updated 3-bed/2-bath home in established Hurst neighborhood with NEW ROOF, NEW HVAC, and NEW WATER HEATER. Priced at $315,525 ($171/sqft) with estimated 3.17% cap rate. Ideal for first-time investors or DIY buyers seeking Texas’s no-income-tax advantage in the thriving DFW metroplex.
Value Add Strategy
• COSMETIC UPDATES: Fresh paint, updated fixtures, and modern lighting/n• KITCHEN REFRESH: Cabinet painting/refacing, hardware update/n• FLOORING: Replace carpet with LVP in high-traffic areas/n• CURB APPEAL: Landscaping enhancement, driveway refresh/n• MAJOR SYSTEMS: Already updated (Roof, HVAC, Water Heater) - No CapEx needed
Location & Proximity
Amenities & Features
Location on Map
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