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$313,310

NAL Estimated Property Value

1329 Mill Wood Ln, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.42 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size5,000 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26346680060080000
Lot Number8
SubdivisionMill Creek Crossing
Land UseResidential
Legal DescriptionMILL CREEK CROSSING 4 BLK 6 LOT 8 INT202500063157 DD03242025 CO-DC 3466800600800 1CG34668006
Census Tract018203
Assessed Land Value$65,000
Assessed Improvement Value$248,310
Assessment Year2025

About this property

**Motivated Seller** Looking for a cozy home? Look no further, this absolutely cute 3bed,2.5 bath, close to Hawaiian Waters! Recent updates and upgrades throughout the home, and close to major highways, malls, shopping centers, grocery stores! Step into the kitchen from the living room with All stainless steel appliances. All three bedrooms 2nd floor with 2 full baths, a game room for family time. There is a half bath downstairs along with a spacious living room and a wood burning fireplace. Home has a huge yard with a quiet feel, for family entertainment and gatherings.

Investor Tools

Property Icon
$313,310
Estimated Property Value
$300,033Estimated Mortgage Balance
$13,277Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,124
$313,310
2025
$65,000
$248,310
$313,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,124
$313,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$306,348
Yes
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,033
$13,277
4%
96%
$1,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,837/mo
+$135/mo
7.6%

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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1329 Mill Wood Ln | Property Details | No Agent List