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$339,370

NAL Estimated Property Value

1354 Mill Wood Ln, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,845 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Other

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26346680050330000
Lot Number33
SubdivisionMill Creek Crossing
Land UseResidential
Legal DescriptionMILL CREEK CROSSING 4 BLK 5 LOT 33 INT202200302305 DD11282022 CO-DC 3466800503300 1CG34668005
Census Tract018203
Assessed Land Value$65,000
Assessed Improvement Value$274,370
Assessment Year2025

About this property

Well-maintained property with an open concept with granite kitchen & restroom countertop, spacious bedrooms, large walk-in master closets, no carpet. Great schools district, minutes to Fire wheel Mall, Walmart, shopping centers & major colleges. An easy access to G. Bush Turnpike, I-635, 78, large cover patio with FENCED backyard, great for outdoor entertaining, low grass maintenance. Credit, income and background check are required $50 per application.

Investor Tools

Property Icon
$339,370
Estimated Property Value
$188,529Estimated Mortgage Balance
$150,841Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,036 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,464
$339,370
2025
$65,000
$274,370
$339,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,464
$339,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$201,600
No
First
Nov 28, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,529
$150,841
44%
56%
$1,209/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,209/mo
+$763/mo
7.0%

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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1354 Mill Wood Ln | Property Details | No Agent List