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$318,900

NAL Estimated Property Value

1302 Swallow Lane, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
price_per_sqft$183.15 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood, Laminate, None

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26345500020330000
SubdivisionMeadowlark Estates
Land UseResidential
Legal DescriptionMEADOWLARK ESTATES 2 BLK B LOT 33 INT202200136881 DD05132022 CO-DC 3455000203300 1CG34550002
Census Tract018600
Assessment Year2025

About this property

Quaint 3 bedroom 2 bath near downtown Garland ready for new homeowners. This home is a short drive to Dallas, near DART, and 635. Established neighborhood in the heart of Garland. This home has large mature trees for a shaded back yard. Detached garage with electricity and storage closet; long driveway to park your boat or RV. Original hardwood floors with 1950s design character throughout this home. 3 spacious bedrooms with updated, energy efficient windows in each room. 2 large living areas great for entertaining. Do not wait to tour this home as it will not last. FINAL AND BEST DUE BY SUNDAY MAY 8th at 5PM.

Investor Tools

Property Icon
$318,900
Estimated Property Value
$0Estimated Mortgage Balance
$318,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,913 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,511
$318,900
2025
N/A
N/A
$318,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,511
$318,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$318,900
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.4%

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 Swallow Lane | Property Details | No Agent List