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$257,000

1105 Richard Dr, Garland, TX, 75040

SoldInfo
6/4/26
Beds4 Beds
Baths2 Bath
Baths1,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.72 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Tankless Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,200 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26242500010170000
Lot Number17
SubdivisionGlynnhill
Land UseResidential
Legal DescriptionGLYNNHILL ESTATES BLK 1 LT 0017 VOL81122/1819 DD061981 CO-DALLAS 2425000101700 1CG24250001
Census Tract018203
Assessed Land Value$65,000
Assessed Improvement Value$116,660
Assessment Year2025

About this property

Welcome to this beautifully remodeled 4-bedroom, 2 FULL bath home in the heart of Garland, TX! Ideally located with easy access to Highways 635, President George Bush Turnpike, and I-30, and just minutes from Lake Ray Hubbard, this home offers both convenience and lifestyle. Enjoy being only 25 minutes from Downtown Dallas and close to shopping, dining, parks, and everyday essentials. This home has been thoughtfully updated for buyer peace of mind, featuring an updated electrical panel, plumbing improvements, and completed foundation work. Inside, you’ll find stylishly renovated bathrooms with modern niches and a sleek electric fireplace that creates a warm, inviting focal point in the living area. The property also offers valuable alley access, providing convenient and private parking options. Move-in ready and beautifully refreshed, this is a fantastic opportunity you don’t want to miss—schedule your showing today!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$184,500Estimated Mortgage Balance
$74,379Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,550 /month
Positive
Cash Flow Estimate:
$517 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$970
$181,660
2025
$65,000
$116,660
$181,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$970
$181,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Commercial
$184,500
No
First
Oct 15, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,621
$74,379
28%
71%
$1,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,107/mo
+$458/mo
7.3%

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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