Updated 3BR/2BA on Cul-de-sac | New Roof & HVAC | Hurst, TX

532 Plainview Dr , Shady Oaks Add , Hurst

$315,525.00
For Sale 💰
House 🏡 Investment Grade
منزل 3 غرف نوم مجدد في شارع مسدود | سقف وتكييف جديد | هيرست، تكساس
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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

Property ID -
Properties House 🏡
Bedrooms 3
Bathrooms 2.0
Size (Area) 1843 sqft
Land Area 10019.00 sqft
Year Built 1962
Floors -
Parking 2
Furnishing -
View -
Ceiling Height -

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

Natural Gas Heating Central Air Conditioning New HVAC System New Water Heater Granite Countertops Walk-In Closet Open Floor Plan Eat-in Kitchen Dishwasher Garbage Disposal Electric Range Electric Oven Gas Fireplace Brick Fireplace Heatilator Glass Fireplace Doors Carpet Flooring Ceramic Tile Engineered Wood Floors Covered Porch Screened Porch Sprinkler System Wood Fence Chain Link Fence Mature Trees Oak Trees Large Backyard New Roof Attached Garage 2-Car Garage Garage Door Opener Concrete Driveway Window Shutters Window Coverings Cable TV Available Cul-de-sac Location Corner Lot City Water City Sewer Irrigation System
NEW ROOF (Replaced Last Year)
NEW HVAC System
NEW Water Heater
Cul-de-sac Location (Privacy)
Large Covered Screened Porch
0.23 Acre Lot with Oak Trees

Location on Map

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