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$245,000

1006 Montclair Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.27 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringHardwood, Laminate, Wood

Exterior

Lot Size8,100 sqft

Building Information

Year Built1962
Stories2
Roof Type105
Garage Spaces1

Land Information

APN26361500010620000
Lot Number62
SubdivisionMonica Park Heights
Land UseResidential
Legal DescriptionMONICA PARK HEIGHTS 1 BLK 1 LT 62 INT202300184714 DD09082023 CO-DC 3615000106200 1CG36150001
Census Tract018203
Assessed Land Value$75,000
Assessed Improvement Value$167,970
Assessment Year2025

About this property

Cozy home welcomes you with four bedroom, two bath, one car garage and semi open concept living. Upgrades Decorative lights , Patio with Cover. Perfect property for a growing family and entertaining family and friends With a huge Backyard equipped with a shed perfect for your yard toys. You will love this urban community well placed in an established Garland neighborhood. Conveniently located near shopping and dining areas, golf club, parks and minutes to Lake Ray Hubbard. Every convenience is an easy drive away. See for yourself what this home has to offer.

Investor Tools

Property Icon
$271,000
Estimated Property Value
$240,562Estimated Mortgage Balance
$42,122Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,525
$242,970
2025
$75,000
$167,970
$242,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,525
$242,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Unknown
$240,562
No
First
Sep 1, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,878
$42,122
15%
84%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,443/mo
+$529/mo
8.7%

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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1006 Montclair Dr | Property Details | No Agent List