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$232,250

NAL Estimated Property Value

1305 Shady Lane, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.72 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Lot Size7,620 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26203500050060000
Lot Number6
SubdivisionGarland Groves
Land UseResidential
Legal DescriptionGARLAND GROVES BLK E LT 6 INT202300026254 DD02102023 CO-DC 2035000500600 1CG20350005
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$182,250
Assessment Year2025

About this property

Highest & Best Hold Period - deadline 04.03.2026 01:00 PM CST Welcome to 1305 Shady Lane in Garland, Texas—a charming property full of character, comfort, and outdoor appeal. This home features original wood flooring, bringing timeless warmth and authenticity throughout the living spaces. The natural beauty of the floors adds both charm and lasting value, creating an inviting atmosphere the moment you walk in. Step outside to enjoy a covered patio, perfect for relaxing evenings, entertaining guests, or weekend cookouts. The oversized backyard offers plenty of space for gatherings, pets, or future customization, all shaded by mature trees that provide both privacy and a serene setting. Located in an established Garland neighborhood, this home combines classic features with outdoor living at its best—ideal for buyers looking for space, character, and comfort.

Investor Tools

Property Icon
$232,250
Estimated Property Value
$0Estimated Mortgage Balance
$232,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,394 /month
Positive
Cash Flow Estimate:
$465 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,240
$232,250
2025
$50,000
$182,250
$232,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,240
$232,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,250
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
10.2%

City: Garland

1305 Shady Lane | Property Details | No Agent List