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$310,590

NAL Estimated Property Value

1214 Blanco Lane, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,576 Sq Ft
price_per_sqft$123.67 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,030 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26404520010040000
Lot Number4
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 10 BLK 1 LT 4 INT202000079377 DD03172020 CO-DC 4045200100400 1CG40452001
Census Tract018121
Assessed Land Value$55,000
Assessed Improvement Value$255,590
Assessment Year2025

About this property

3 Bedroom, 2 Bathroom, Updated home on a huge corner lot with a great backyard, new floors, HVAC, fence and roof! New floors throughout that were installed in 2017. Bathrooms were updated in 2018. The AC unit was replaced in 2017 and the roof was replaced in 2016. There is a spacious living area that flows into the large kitchen and dining area for entertaining. Oversized one car garage with a door opener. Master bedroom is big and has an updated ensuite bathroom and a huge walk in closet. The home has two matching secondary bedrooms with great size closets and storage. Large private backyard with a cedar fence installed in 2017, patio slab for entertaining, shade and peach trees. Call or text 469-322-9019

Investor Tools

Property Icon
$310,590
Estimated Property Value
$178,978Estimated Mortgage Balance
$131,612Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,864 /month
Positive
Cash Flow Estimate:
$621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,466
$310,590
2025
$55,000
$255,590
$310,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,466
$310,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$196,365
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,978
$131,612
42%
58%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,178/mo
+$794/mo
7.6%

City: Garland

1214 Blanco Lane | Property Details | No Agent List