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$278,340

NAL Estimated Property Value

1015 Alamo Ln, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
price_per_sqft$173.88 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesOther
Lot Size8,125 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26418500030050000
Lot Number5
SubdivisionNorthwood
Land UseResidential
Legal DescriptionNORTHWOOD ESTATES 1 BLK C LT 5 INT200600112066 DD03222006 CO-DC 4185000300500 1CG41850003
Census Tract018801
Assessed Land Value$65,000
Assessed Improvement Value$213,340
Assessment Year2025

About this property

Owners very recently made several repairs and updates. Please inquire with LA for specifics and invoices. This charming brick home features a updated bathroom (2025), new roof (2025), HVAC system (2021), and a spacious layout perfect for comfortable living. Situated in an established neighborhood, the property offers great curb appeal, a covered front porch, and a large backyard with a WORKSHOP. Conveniently located near schools, shopping, and major highways, this home is ready for its next owner! VERY restricted showing availability- only Fridays 4-5pm and wknds, please schedule via Broker Bay. Reach out to LA directly for other times and days, if needed.

Investor Tools

Property Icon
$278,340
Estimated Property Value
$210,463Estimated Mortgage Balance
$67,877Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,670 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,505
$278,340
2025
$65,000
$213,340
$278,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,505
$278,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$212,000
No
First
Dec 22, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,463
$67,877
24%
76%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,272/mo
+$1,300/mo
11.1%

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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1015 Alamo Ln | Property Details | No Agent List