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$279,500

1310 Merrimac Trl, Garland, TX, 75043

$288,632 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.49 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Lot Size12,000 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26303500030280000
Lot Number28
SubdivisionLakeside Meadows
Land UseResidential
Legal DescriptionLAKESIDE MEADOWS ESTATES 6 BLK 3 LOT 28 VOL91093/3041 EX043091 CO-DALLAS 3035000302800 32630350003
Census Tract018110
Assessed Land Value$85,000
Assessed Improvement Value$213,320
Assessment Year2025

About this property

Opportunity awaits at 1310 Merrimac Trail! Located in Lakeside Meadow Estates in South Garland, this 4-bedroom, 2-bath home offers 1,786 square feet with a traditional layout featuring both a breakfast area and separate dining room, plus a wet bar that adds a fun touch for entertaining. Each bedroom includes a generously sized walk-in closet, offering great storage throughout the home. Outside, mature trees add plenty of character to the property, along with a charming back patio, 2-car garage, and additional 2-car carport. The home is ready for updates, making it a great option for someone looking to personalize a home over time or an investor searching for their next project. Hill Park at Indian Lake is within easy walking distance, and convenient access to Centerville Road, Northwest Highway, I-635, and I-30 makes getting around the Dallas area easy. Located in Garland ISD, residents also benefit from the district’s Choice of School program. Bring your ideas and see the potential this South Garland home has to offer.

Investor Tools

$68,960Estimated Mortgage Balance
$229,360Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$288,632
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,790 /month
Positive
Cash Flow Estimate:
$597 /month

Interested in this property?

Max Luna

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,826
$298,320
2025
$85,000
$213,320
$298,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,826
$298,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Credit Line (Revolving) / Heloc
$88,500
No
First
Apr 22, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,960
$229,360
76%
23%
$531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$531/mo
+$1,441/mo
7.9%

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.

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

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