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$514,340

NAL Estimated Property Value

1013 Shearwater Ln, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.77 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,230 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26262680020090000
Lot Number9
SubdivisionHerons Bay
Land UseResidential
Legal DescriptionHERONS BAY ESTATES 1 BLK 2 LT 9 INT201300234405 DD07192013 CO-DC 2626800200900 1CG26268002
Census Tract018148
Assessed Land Value$105,000
Assessed Improvement Value$409,340
Assessment Year2025

About this property

Discover exceptional space, versatility, and meaningful updates in this beautifully maintained home nestled within the highly sought-after Blue Heron Estates community. Offering nearly 3,000 square feet, 4 generously sized bedrooms, and 4 full bathrooms, this move-in-ready residence features a thoughtfully designed floor plan that easily adapts to today's evolving lifestyles. Whether you're working remotely, accommodating guests, or creating dedicated spaces for hobbies or wellness, this home offers flexibility at every turn. Natural light fills the open-concept living areas, where updated flooring, fresh interior paint, and spacious gathering areas create a warm, inviting atmosphere ideal for both everyday living and entertaining. The expansive primary suite serves as a private retreat complete with an adjoining flex room perfectly suited for a home office, nursery, fitness studio, reading lounge, or additional sitting room. Upstairs, a private ensuite bedroom provides an ideal setup for overnight guests, extended family, or multigenerational living. Thoughtful capital improvements add lasting value, including a NEW roof and gutters, upgraded insulation, radiant barrier, energy-efficient HVAC system, and tankless water heater, allowing the next owner to enjoy both comfort and efficiency. Every update has been carefully selected to enhance the home's long-term performance while minimizing future maintenance. Located within Garland ISD and offering access to the highly regarded Choice of School program, residents enjoy opportunities for Montessori, Gifted & Talented, and other specialty campuses. Conveniently located near parks, Duck Creek Trail, shopping, dining, and major commuter routes including I-30 and I-635, this exceptional home combines generous living spaces, flexible design, significant improvements, and an outstanding location to deliver the lifestyle today's buyers have been searching for.

Investor Tools

Property Icon
$514,340
Estimated Property Value
$143,557Estimated Mortgage Balance
$370,783Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,086 /month
Positive
Cash Flow Estimate:
$1,029 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,015
$514,340
2025
$105,000
$409,340
$514,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,015
$514,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$203,388
No
First
Jul 19, 2013
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,557
$370,783
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$380/mo
+$2,192/mo
6.0%

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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1013 Shearwater Ln | Property Details | No Agent List