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$248,350

NAL Estimated Property Value

1017 Shorehaven Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,038 Sq Ft
price_per_sqft$192.68 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet

Exterior

Lot Size10,625 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26526500130190000
Lot Number19
SubdivisionShorehaven
Land UseResidential
Legal DescriptionSHOREHAVEN 6 BLK 13 LOT 19 INT202000315253 DD11032020 CO-DC 5265001301900 1CG52650013
Census Tract018105
Assessed Land Value$63,250
Assessed Improvement Value$185,100
Assessment Year2025

About this property

Multiple Offers Received... Location, Location, Location! Recently updated 3bed home on an oversized corner lot located within walking distance of a Shorhaven Elementary School and Sellers Middle School in Garland. Also within walking distance is Bradford Park and Rec Center. The interior of the home features a recently updated kitchen with butcher block countertops, white cabinetry, stainless appliances with a natural gas cooktop. Pride in ownership shines in this one, and you will not want to miss it!

Investor Tools

Property Icon
$248,350
Estimated Property Value
$171,141Estimated Mortgage Balance
$77,209Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,490 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,160
$248,350
2025
$63,250
$185,100
$248,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,160
$248,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$191,468
Yes
First
Nov 3, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,141
$77,209
31%
69%
$1,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,148/mo
+$824/mo
9.5%

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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1017 Shorehaven Drive | Property Details | No Agent List