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$324,000

1218 Columbine Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.82 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop

Exterior

Lot Size7,068 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26297500050060000
Lot Number6
SubdivisionLakeridge
Land UseResidential
Legal DescriptionLAKERIDGE 1 BLK 5 LOT 6 INT202400207069 DD10112024 CO-DC 2975000500600 1CG29750005
Census Tract018147
Assessed Land Value$65,000
Assessed Improvement Value$241,590
Assessment Year2025

About this property

Charming traditional home nestled in a well-established neighborhood of Garland offers a unique blend of character and space, perfect for entertaining and various activities both inside and out. Recently updated, the property features ample room to host gatherings and enjoy outdoor pursuits in the spacious backyard. Its prime location near major highways, including Interstate 30, the George Bush Turnpike, and 635, ensures convenient access to the broader area. With a few personalized cosmetic enhancements, this home has the potential to truly sparkle. It's a must-see!

Investor Tools

Property Icon
$306,590
Estimated Property Value
$318,131Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,538
$306,590
2025
$65,000
$241,590
$306,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,538
$306,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$318,131
Yes
First
Oct 11, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,272
N/A
0%
132%
$2,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,475/mo
$-503/mo
7.7%

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.

Explore Texas Explore This Area
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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