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$272,000

NAL Estimated Property Value

1206 Vicksburg Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.29 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size8,400 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26568500170030000
Lot Number3
SubdivisionSouthgate
Land UseResidential
Legal DescriptionSOUTHGATE ESTATES 7 BLK 17 LT 3 INT202500103902 DD05142025 CO-DC 5685001700300 1CG56850017
Census Tract018402
Assessed Land Value$65,000
Assessed Improvement Value$196,720
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED!! OFFER DEADLINE IS FRIDAY NOVEMBER 15TH AT 10 AM!!! Discover the charm of this 3-bedroom, 2-bathroom home, offering just over 1,600 sqft of living space in South Garland. Filled with character and showcasing its original features, this property is perfect for those who appreciate timeless design and a sense of history. The inviting living area is bathed in natural light, while the kitchen offers ample cabinetry and plenty of potential for your personal touch. The primary bedroom includes an en-suite bathroom, and the two additional bedrooms provide flexible space for family, guests, or hobbies. Situated on a spacious lot, the backyard is ready for your creative ideas, whether it’s a garden, play area, or a cozy outdoor retreat. This home is ideally located within walking distance to Southgate Elementary, making it perfect for families. You’ll also enjoy easy access to local parks, shopping, and dining. If you’re looking for a home with great bones and a location that can’t be beat, this is the one for you. Schedule your showing today!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$230,879Estimated Mortgage Balance
$41,121Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,237
$261,720
2025
$65,000
$196,720
$261,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,237
$261,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ronald K Ballard Ira
Purchase Money Mortgage
$135,000
No
First
Dec 6, 2024
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,879
$41,121
15%
85%
$1,410/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,410/mo
+$562/mo
8.7%

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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1206 Vicksburg Dr | Property Details | No Agent List