Last 24 Hours
$624,000
NAL Estimated Property Value1233 Lochness Lane, Garland, TX, 75044
Off Market
4 Beds
4 Bath
3,644 Sq Ft
Single Family Residence
$126.23 / sqft
Built in 2001Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 3Bathrooms Half 1
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesWater Purifier, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size11,256 sqft
Building Information
Year Built2001
Stories2
Roof Type105
Garage Spaces3
Land Information
APN26092710030150000
Lot Number15
SubdivisionCloverdell Meadows
Land UseResidential
Legal DescriptionCLOVERDELL MEADOWS 1 BLK 3 LT 15 LESS ROW INT202100269640 DD09072021 CO-DC 0927100301500 1CG09271003
Census Tract019051
Assessed Land Value$100,000
Assessed Improvement Value$523,600
Assessment Year2025
About this property
HIGHEST & BEST DUE 8-10-21 at 8pm. Meticulously maintained home in North Garland. Every conceivable upgrade! Hardwood floors, granite countertops, plantation shutters, incredible storage (some secret!) Custom wood built-ins, fluted columns and triple crown molding will delight! Owner’s bedroom closet has 45 shelves and 11 racks, fire place, and separate seating area. Bonus - Second bedroom downstairs that is used as an office. Huge media room with sink, fridge, ice maker, and full bath! Beautiful outdoor oasis in the back with built in grill and lots of room for entertaining. There is also additional built in storage in the backyard. 3 car garage, with tons of storage and some very custom touches!
Investor Tools
$624,000
Estimated Property Value
$353,645Estimated Mortgage Balance
$270,355Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,744 /month
Positive
Cash Flow Estimate:
$1,248 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,263/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,033
$623,600
2025
$100,000
$523,600
$623,600
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,033
$623,600
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$388,000
No
First
Sep 7, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,645
$270,355
43%
57%
$2,327/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$2,327/mo
+$483/mo
5.4%
12.4%