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$365,000

NAL Estimated Property Value

1122 Sicily Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,284 Sq Ft
price_per_sqft$169.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal
FlooringCeramic Tile, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,130 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26080840020100000
Lot Number10
SubdivisionCarriagehouse
Land UseResidential
Legal DescriptionCARRIAGEHOUSE ESTATES 7 BLK 2 LOT 10 INT202300046480 DD03092023 CO-DC 0808400201000 1CG08084002
Census Tract018152
Assessed Land Value$70,000
Assessed Improvement Value$295,000
Assessment Year2025

About this property

Great property in nice neighborhood. Stunning, very well-kept one owner home for sale. 4- bedroom 2.5 bath. All recently painted with many updates. Kitchen and main bathroom remodeled. Beautiful home office with custom cabinetry. Quiet, relaxing backyard with a small pond and above-ground pool. A gable-covered patio with lights and fans, and a matching carport to keep your auto dry. Brand-new roof. The hot water heater, electrical panel, and foundation have all been updated.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$326,547Estimated Mortgage Balance
$38,453Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,325 /month
Positive
Cash Flow Estimate:
$775 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,607
$365,000
2025
$70,000
$295,000
$365,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,607
$365,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$346,750
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,547
$38,453
10%
89%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,079/mo
+$493/mo
8.5%

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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1122 Sicily Dr | Property Details | No Agent List