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$253,000

NAL Estimated Property Value

1202 Toyah Creek Ln, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.59 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,285 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26400500070010000
Lot Number1
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 6 BLK G LT 1 INT201000297988 DD11182010 CO-DC 4005000700100 1CG40050007
Census Tract018121
Assessed Land Value$55,000
Assessed Improvement Value$176,540
Assessment Year2025

About this property

Adorable home on corner lot with fireplace and everything new and ready to move in now. Fresh paint inside and outside. New Tile flooring and carpet. New cooking range *new cabinets * dishwasher* disposal*microwave*new tile in both baths* new tub in hall bath, new toilets and vanities in both baths. New blinds. New carpet. Tenant must furnish own refrigerator. Has Central AC-Heat. One year lease required, no pets, tenant screening fee of $39 for each adult.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$965,618Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$231,540
2025
$55,000
$176,540
$231,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$231,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Credit Line (Revolving) / Heloc
$1,000,000
No
First
Jun 26, 2024
Jun 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$965,618
N/A
0%
382%
$5,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$5,996/mo
$-4,431/mo
7.4%

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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1202 Toyah Creek Ln | Property Details | No Agent List