Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$278,000

NAL Estimated Property Value

1306 Mcdonald Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.71 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesDog Run
Lot Size7,020 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26435500250380000
Lot Number38
SubdivisionOrchard Hills
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES 8 BLK 25 LT 38 INT201900048434 DD02222019 CO-DC 4355002503800 1CG43550025
Census Tract018402
Assessed Land Value$50,000
Assessed Improvement Value$184,520
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - DEADLINE TO SUBMIT OFFERS IS SEPT 10th @ 6PM. Investor special in a cute neighborhood! Needs work, sold as-is. Great location close to shopping, dining, and 635. House has 3 bedrooms, 2 full baths, and a swing drive with a 2 car garage. Beautiful fenced backyard with mature trees. Will not be eligible for FHA financing.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$119,681Estimated Mortgage Balance
$158,319Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,617
$234,520
2025
$50,000
$184,520
$234,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,617
$234,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Realty Llc
Unknown
$140,000
No
First
Feb 22, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,681
$158,319
56%
43%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$840/mo
+$1,132/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1306 Mcdonald Drive | Property Details | No Agent List