$484,790
NAL Estimated Property Value1012 Sylvan Drive, Garland, TX, 75040
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Gas Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Laminate
Exterior
Exterior FeaturesBalcony
Lot Size8,000 sqft
Building Information
Year Built1953
Stories1
Roof Type105
Garage Spaces1
Land Information
APN26206500110180000
Lot Number18
SubdivisionGarland Heights
Land UseResidential
Legal DescriptionGARLAND HEIGHTS 3 BLK 11 LT 18 INT202100089606 DD03242021 CO-DC 2065001101800 1CG20650011
Census Tract018801
Assessed Land Value$60,000
Assessed Improvement Value$424,790
Assessment Year2025
About this property
***ONE OF A KIND* *UNIQUE PROPERTY. 2 HOUSES IN ONE, COMPLETELY REMODELED, NEW APPLIANCES, GRANITE COUNTERTOP, WALKING DISTANCES TO THE SCHOOL AND MUCH MOOR
Investor Tools
$484,790
Estimated Property Value
$330,233Estimated Mortgage Balance
$154,557Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,909 /month
Positive
Cash Flow Estimate:
$970 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,443
$484,790
2025
$60,000
$424,790
$484,790
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,443
$484,790
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$276,450
No
First
Mar 24, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,233
$154,557
31%
68%
$2,150/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,150/mo
+$422/mo
6.4%
