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$390,470

NAL Estimated Property Value

1237 Riberry Lane, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.08 / sqft
Year BuiltBuilt in 2000

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, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,020 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26657650010120000
SubdivisionWaterford Estates
Land UseResidential
Legal DescriptionWATERFORD ESTATES BLK 1 LT 12 INT202100179928 DD06152021 CO-DC 6576500101200 1CG65765001
Census Tract018138
Assessment Year2025

About this property

Multiple offers received. Please submit highest and best by Sat. May 15, 7pm. Well maintained one story with today's desired open concept kitchen-living room flow. Arched grand entry leads to open family room & kitchen with breakfast bar. Premium laminate wood flooring and mantle fireplace add a nice warm feel. Kitchen has lots of cabinet and counter space and a dining nook with window filled views of backyard. Spacious primary bedroom with en-suite bath featuring an oversized tile surround walk in shower and walk in closet. Lot of recent improvements in the past several years; new roof, new windows, 14 seer HVAC, patio cover, storage shed, and more. Added bonus: refrigerator conveys to buyer!

Investor Tools

Property Icon
$390,470
Estimated Property Value
$213,870Estimated Mortgage Balance
$176,600Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,343 /month
Positive
Cash Flow Estimate:
$781 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$253/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,402
$390,470
2025
N/A
N/A
$390,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,402
$390,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$236,000
No
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,870
$176,600
45%
55%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,668/mo
+$904/mo
7.9%

City: Garland

1237 Riberry Lane | Property Details | No Agent List