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$356,010

NAL Estimated Property Value

1016 W Avenue F, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,880 Sq Ft
price_per_sqft$136.11 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Plumbed For Ice Maker, Washer
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size9,364 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces6

Land Information

APN26291500030040000
Lot Number4
SubdivisionW J Keller
Land UseResidential
Legal DescriptionW J KELLER BLK 3 LOT 4 INT202100019328 DD01212021 CO-DC 2915000300400 1CG29150003
Census Tract018700
Assessed Land Value$74,910
Assessed Improvement Value$281,100
Assessment Year2025

About this property

Imagine yourself in a Charming Neighborhood nestled in the heart of Garland, less than a mile from Historic Downtown. Spend time relaxing on the enclosed porches located in the front and back of the house. This home features Custom Built-ins in every room, Custom Closets, more Storage than you could imagine, large Carport, small Shed, easy to clean flooring, Two Kitchen Sinks, and a Desired Open Concept. This home offers a huge workshop in the back with a full bathroom. This would be ideal for any profession or hobby that needs ample amount of workspace. OR stop wasting money renting out office spaces and turn this into a multiple space office. Or this could simply be converted into a Mother-In-Law Suite!

Investor Tools

Property Icon
$356,010
Estimated Property Value
$175,174Estimated Mortgage Balance
$180,836Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,136 /month
Positive
Cash Flow Estimate:
$712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,889
$356,010
2025
$74,910
$281,100
$356,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,889
$356,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$195,200
No
First
Jan 21, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,174
$180,836
50%
49%
$1,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,171/mo
+$801/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1016 W Avenue F | Property Details | No Agent List