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Days103Days on Market
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$160,000

108 Grant Street, Garland, TX, 75042

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringVinyl

Exterior

Lot Size12,960 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APN26587500000220000
Lot Number22
SubdivisionR E Sumners
Land UseResidential
Legal DescriptionR E SUMNERS LOT 22 CO-DALLAS 5875000002200 32658750000
Census Tract018802
Assessed Land Value$55,000
Assessed Improvement Value$93,960
Assessment Year2025

About this property

Close to Downtown Garland, Next door to Chase Bank, The area is transitioning, The City of Garland has zoned this area as community retail. Visit the City website or contact the agent to confirm the type of community retail permitted. Located Just west of North Garland Avenue and Main Street. Bordered by Forest Lane and N Garland Ave. Check out the potential. Great Business opportunity near bustling downtown Garland.

Investor Tools

$0Estimated Mortgage Balance
$158,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Gwen Hamilton

The Michael Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,387
$148,960
2025
$55,000
$93,960
$148,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,387
$148,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
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
11.9%

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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108 Grant Street | Property Details | No Agent List