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$469,610

1001 Shady Lane, Garland, TX, 75042

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,090 Sq Ft
BusinessBusiness
price_per_sqft$122.79 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size16,510 sqft

Building Information

Year Built1930
Stories1

Land Information

APN26203500030010000
Lot Number1-2
SubdivisionGarland Groves
Land UseOther / Unknown
Legal DescriptionGARLAND GROVES BLK C LTS 1 & 2 INT202100283266 DD09132021 CO-DC 2035000300100 2CG20350003
Census Tract018600
Assessed Land Value$49,530
Assessed Improvement Value$420,080
Assessment Year2025

About this property

PERFECT BUILDING FOR A NEW CONGREGATION,THIS BUILDING IS CURRENTLY USED AS CHURCH AND IS LOCATED ON A CORNER LOT, WICH GIVE A BETTER VIEW AND LOT OF POTENTIAL , THIS BUILDING HAVE A VERY GOOD SIZE SANCTUARY, EQUIPPED WITH MEDIA AND SOUND , 3 FULL BATHROOMS ,4 CLASSROOMS ,2 OFFICE ROOMS ,CHILD CARE ROOM,KITCHEN WITH OVERSIZED GAS STOVE AND FULLY EQUIPPED WITH PANTRY, SINKS,UTILITY ROOM, MEETING OR EVENT SALON, PARKING SPACE,AND IS LOCATED NEAR DOWN TOWN GARLAND,PUBLIC TRANSPORTATION, STORES, MAYOR STREETS,THIS LOCATION IS PRIME,DON'T LET THIS ONE GO BY.

Investor Tools

Property Icon
$469,610
Estimated Property Value
$0Estimated Mortgage Balance
$232,632Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$469,610
2025
$49,530
$420,080
$469,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$469,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Providence Bank Of Texas Ssb
Commercial
$260,000
No
First
Sep 13, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,978
$232,632
49%
50%
$1,559/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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1001 Shady Lane | Property Details | No Agent List