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$307,080

NAL Estimated Property Value

1233 Phoebe Ln, Garland, TX, 75042

$324,183 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.97 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,800 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26345500080100000
Lot Number10
SubdivisionMeadowlark
Land UseResidential
Legal DescriptionMEADOWLARK ESTATES 2 BLK H LOT 10 INT202000275164 DD10072020 CO-DC 3455000801000 1CG34550008
Census Tract018600
Assessed Land Value$70,000
Assessed Improvement Value$237,080
Assessment Year2025

About this property

Well maintained, spacious home for family with 2 living areas and 2 dining areas. Kitchen updated with painted cabs, quartz ctops, glass backsplash and stainless appliances. Great outdoor space with large covered patio overlooking backyard. Nice sized master bedroom has 2 separate closets and private door to back patio. DISCLOSURES IN DOCUMENTS. SELLER HAS NO SURVEY.

Investor Tools

Property Icon
$307,080
Estimated Property Value
$165,027Estimated Mortgage Balance
$142,053Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$324,183
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,275
$307,080
2025
$70,000
$237,080
$307,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,275
$307,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$185,000
No
First
Oct 7, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,027
$142,053
46%
54%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,110/mo
+$862/mo
7.7%

City: Garland

1233 Phoebe Ln | Property Details | No Agent List