542 Shadyway Dr, Dallas, TX
Locations
542 Shadyway Dr, Dallas, TX
Descriptions
Sun Ray Asset Group acquired this property for $180,000 with a projected renovation budget of approximately $52,000, creating a highly attractive basis significantly below projected market value.
Projected ARV: ~$315,000
This project is located in the rapidly improving Oak Cliff / Southern Dallas corridor, an area benefiting from continued public and private investment, infrastructure improvements, redevelopment activity, and strong long-term population growth throughout the Dallas metroplex. The broader Oak Cliff and West Dallas markets continue to experience revitalization driven by proximity to Downtown Dallas, Trinity Groves, Bishop Arts, and major transportation corridors.
- Strong acquisition basis at ~$180,000
- Significant forced appreciation opportunity
- Estimated ARV of ~$315,000
- Renovation budget of only ~$52,000
- Strong long-term appreciation potential
- High rental demand in the area
- Located within a rapidly redeveloping Dallas submarket
- Excellent long-term hold and refinance potential
Gallery
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