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$256,130

1228 Bluebird Ln, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,115 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.22 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Refrigerator, Washer

Exterior

Lot Size8,375 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26344500040170000
Lot Number17
SubdivisionMeadowlark
Land UseResidential
Legal DescriptionMEADOWLARK ESTATES BLK D LT 17 INT202400245901 DD11192024 CO-DC 3445000401700 1CG34450004
Census Tract018600
Assessed Land Value$70,000
Assessed Improvement Value$186,130
Assessment Year2025

About this property

Discover your perfect home in this charming 3-bedroom, 1-bathroom cottage. This home has original hardwood floors with a large living area, and a generous kitchen with quartz countertops and gas stove, all creating an inviting charm. The spacious backyard is a place where you can garden, entertain guests while bbq’ing, or just letting the kiddos run free. This home is perfect for first-time homebuyers, downsizers, or anyone seeking a low-maintenance and affordable living space. Don't miss this opportunity to make this charming cottage your own!

Investor Tools

Property Icon
$256,130
Estimated Property Value
$252,345Estimated Mortgage Balance
$693Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,537 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,530
$256,130
2025
$70,000
$186,130
$256,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,530
$256,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$252,345
Yes
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,437
$693
0%
100%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,574/mo
+$398/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1228 Bluebird Ln | Property Details | No Agent List