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$214,000

1309 Shady Ln, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesDeck
Lot Size7,620 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26203500050070000
Lot Number7
SubdivisionGarland Groves
Land UseResidential
Legal DescriptionGARLAND GROVES BLK E LOT 7 INT202300096431 DD05052023 CO-DC 2035000500700 1CG20350005
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$139,500
Assessment Year2025

About this property

Charming Garland home updated for modern living. Move in ready with fresh interior paint and new appliances. Wood floors in the bedrooms add warmth, while the living room’s soft carpet and the kitchen’s durable vinyl flooring create comfortable, practical spaces throughout. The attractive stone exterior offers great curb appeal, and the backyard is a standout feature with its large, covered deck—perfect for outdoor dining, relaxing, or entertaining year-round. Encantadora casa en Garland, actualizada para la vida moderna. Lista para mudarse, con pintura interior fresca y electrodomésticos nuevos. Los pisos de madera en las recámaras aportan calidez, mientras que la alfombra suave en la sala y el resistente piso de vinilo en la cocina crean espacios cómodos y prácticos en toda la casa. El atractivo exterior de piedra ofrece una excelente presencia, y el patio trasero es un verdadero punto destacado con su amplia terraza cubierta—perfecta para cenar al aire libre, relajarse o entretener durante todo el año.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$0Estimated Mortgage Balance
$214,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,012
$189,500
2025
$50,000
$139,500
$189,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,012
$189,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
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
11.1%

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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1309 Shady Ln | Property Details | No Agent List