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$244,020

NAL Estimated Property Value

1109 Greencove Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
price_per_sqft$133.49 / 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
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,626 sqft

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN26527500160330000
Lot Number33
SubdivisionShorehaven
Land UseResidential
Legal DescriptionSHOREHAVEN 7 BLK 16 LT 33 INT202000075830 DD03122020 CO-DC 5275001603300 1CG52750016
Census Tract018105
Assessed Land Value$55,000
Assessed Improvement Value$189,020
Assessment Year2025

About this property

OWNER MOTIVATED!!! Adorable one story home in great location close to Firewheel, PGBT and downtown Garland. Walking distance to schools. Well maintained three bedroom with one and a half bath. Make your entry to a wide open space that combines kitchen, dining room and sitting area for family dinners. Garage conversion gives this home 2 living areas. Hardwood flooring throughout kitchen and living area. Laminate flooring in the bedrooms- No carpet! Large backyard features a covered patio and storage building, sprinkler system and gutters. Recent updates on 2016 includes complete HVAC, water heater, some windows, granite countertops and cabinets.

Investor Tools

Property Icon
$244,020
Estimated Property Value
$0Estimated Mortgage Balance
$244,020Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,599
$244,020
2025
$55,000
$189,020
$244,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,599
$244,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,020
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.7%

Learn About the Market: Opportunity in Texas

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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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1109 Greencove Drive | Property Details | No Agent List