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$279,000

$285,000

1302 Marion Dr, Garland, TX, 75042

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.04 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size9,360 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26122500050220000
Lot Number22
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES BLK 5 LT 22 INT201000322886 DD03192009 CO-DC 1225000502200 1CG12250005
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$176,410
Assessment Year2025

About this property

Completely renovated and move-in ready! This beautifully updated home offers a bright open-concept floor plan designed for comfortable everyday living and entertaining. The spacious living area flows seamlessly into the dining space and stunning kitchen featuring white shaker cabinetry, quartz countertops, stainless steel appliances, and abundant storage. Luxury vinyl plank flooring runs throughout the home, complemented by modern fixtures, recessed lighting, and beautifully updated bathrooms. The spacious bedrooms provide flexibility for families, guests, or a home office. Step outside to a large backyard with plenty of room to relax, garden, or entertain, along with a detached two-car garage. For added peace of mind, the home also features a brand-new roof. Conveniently located near major highways, shopping, dining, and schools, this home is ready for its next owner.

Investor Tools

Property Icon
$226,410
Estimated Property Value
$202,000Estimated Mortgage Balance
$0Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Deba Douglas

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,209
$226,410
2025
$50,000
$176,410
$226,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,209
$226,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Unknown
$202,000
No
First
Feb 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,072
N/A
0%
177%
$2,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,424/mo
$-452/mo
10.5%

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.

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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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1302 Marion Dr | Property Details | No Agent List