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$510,880

NAL Estimated Property Value

1318 Carriage Lane, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,343 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.38 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size20,250 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26302600070030000
Lot Number3
SubdivisionLakeside Meadows
Land UseResidential
Legal DescriptionLAKESIDE MEADOWS ESTATES 5 BLK 7 LT 3 INT202100174323 DD06102021 CO-DC 3026000700300 1CG30260007
Census Tract018110
Assessed Land Value$66,000
Assessed Improvement Value$444,880
Assessment Year2025

About this property

You'll fall in love the moment you see this beautiful home. Manicured landscape invites you to walk up. Front door opens into an inviting entryway with wood floors. Large den overlooks incredibly landscaped back yard with pool, cabana with bathroom, and additional outside sink. There's a greenhouse for the gardener in you, and plenty of room for enjoying a restful outdoors. Kitchen is a chef's dream with double ovens, gas cooktop, farm sink, and abundant granite counter space. Primary bedroom with fully updated bathroom, two large walk-in closets, large garden tub, and plenty of natural light.

Investor Tools

Property Icon
$510,880
Estimated Property Value
$268,339Estimated Mortgage Balance
$242,541Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,065 /month
Positive
Cash Flow Estimate:
$1,022 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,658
$510,880
2025
$66,000
$444,880
$510,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,658
$510,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Conventional
$296,105
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,339
$242,541
47%
53%
$1,776/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,776/mo
+$796/mo
6.0%

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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1318 Carriage Lane | Property Details | No Agent List