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$478,000

NAL Estimated Property Value

1322 Norfolk Court, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size21,930 sqft

Building Information

Year Built1984
Stories2
Roof Type111
Garage Spaces2

Land Information

APN26092620010130000
Lot Number13
SubdivisionClear Creek
Land UseResidential
Legal DescriptionCLEAR CREEK ESTATES 4 BLK 1 LOT 13 INT202000165259 DD05192020 CO-DC 0926200101300 1CG09262001
Census Tract019051
Assessed Land Value$95,000
Assessed Improvement Value$355,040
Assessment Year2025

About this property

Postcard worthy curb appeal makes this gem stand out! You will be greeted with the large Texas wrap-around porch! This home has a rare Decrabond metal roof with a warranty sure to outlast any others! This spacious home has an oversized LR with add.’l seating and cozy fireplace. Continue to your private den with built-in wet bar to watch your favorite ball games. Don’t miss the beaded boarding adding to the character of this Victorian inspired home. Kitchen features granite counters, WIP, and appliances replaced in 2019-2020! HUGE master has add.’l seating and 2nd fireplace. 8’wood fence creates add.’l privacy on this quiet cul-de-sac on a large ½ acre corner lot. Minutes from Firewheel and Hwy 190!

Investor Tools

Property Icon
$478,000
Estimated Property Value
$345,096Estimated Mortgage Balance
$132,904Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,202
$450,040
2025
$95,000
$355,040
$450,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,202
$450,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Fha
$317,640
Yes
First
May 19, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,096
$132,904
27%
72%
$2,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,313/mo
$-163/mo
5.4%

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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1322 Norfolk Court | Property Details | No Agent List