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$318,290

NAL Estimated Property Value

1309 Swallow Ln, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.49 / sqft
Year BuiltBuilt in 1959

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, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,600 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26345500120140000
Lot Number14
SubdivisionMeadowlark
Land UseResidential
Legal DescriptionMEADOWLARK ESTATES 2 BLK L LOT 14 INT202000324485 DD11192020 CO-DC 3455001201400 1CG34550012
Census Tract018600
Assessed Land Value$70,000
Assessed Improvement Value$248,290
Assessment Year2025

About this property

Nicely updated with 3 bedrooms and 2 full baths. Kitchen has new appliances and flooring. Nice size living area looks out to back deck. Enclosed patio makes a great all purpose space and opens to back deck. Master bedroom has 2 closets, new carpet and cfan. Updated master bath with walk in shower. New electric panel box, carpet, light fix, plugs and switches. Updated hall bath has tub. Full size laundry room. Electric gate opens to back driveway. Two car carport and extended driveway for extra parking. DISCLOSURES IN LISTING DOCS. SELLER AS NO SURVEY. BUYER EXPENSE IF NEEDED. Can't accept FHA offers until Oct 23 because of 90 day seasoning rule.

Investor Tools

Property Icon
$318,290
Estimated Property Value
$160,890Estimated Mortgage Balance
$157,400Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,910 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,550
$318,290
2025
$70,000
$248,290
$318,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,550
$318,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$180,000
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,890
$157,400
49%
51%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,080/mo
+$892/mo
7.4%

City: Garland

1309 Swallow Ln | Property Details | No Agent List