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$237,000

NAL Estimated Property Value

1017 Lesa Ln, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,107 Sq Ft
price_per_sqft$215.9 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,130 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26683640090220000
Lot Number22
SubdivisionWood Bend
Land UseResidential
Legal DescriptionWOOD BEND BLK 9 LOT 22 VOL98215/6038 DD102998 CO-DALLAS 6836400902200 32668364009
Census Tract019046
Assessed Land Value$65,000
Assessed Improvement Value$161,670
Assessment Year2025

About this property

Renovated and well-maintained, this charming 2-bedroom, 2-bathroom home offers a bright and open layout with a spacious living room featuring tall ceilings that create an airy and inviting feel. The updated kitchen showcases classic shaker cabinets, stainless steel appliances, and crisp white countertops that provide a clean and modern look. Both full bathrooms have been thoughtfully refreshed, offering comfort and functionality for everyday living. In addition to the main living space, the home features a large enclosed sunroom that is not included in the square footage, perfect for a second living area, home office, or flex space. Enjoy the generous backyard with plenty of room to entertain, garden, or relax. A one-car garage completes the property, providing secure parking and additional storage. The Roof (2023), water heater(2023), flooring (2021), and windows (2020), along with new PVC plumbing and a sprinkler system that was added!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$237,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,165
$226,670
2025
$65,000
$161,670
$226,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,165
$226,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,670
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
7.9%

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.

Explore Texas Explore This Area
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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1017 Lesa Ln | Property Details | No Agent List