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$218,000

NAL Estimated Property Value

1365 Elmhurst Dr, Garland, TX, 75041

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths910 Sq Ft
price_per_sqft$247.25 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Gas Water Heater
FlooringLaminate, Vinyl, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size11,222 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26141500060190000
Lot Number19
SubdivisionDevonwood Park
Land UseResidential
Legal DescriptionDEVONWOOD PARK 2 BLK F LOT 19 INT202400068813 DD04052024 CO-DC 1415000601900 1CG14150006
Census Tract018300
Assessed Land Value$50,000
Assessed Improvement Value$156,280
Assessment Year2025

About this property

Welcome home to this charming home in the heart of Garland Texas. This delightful 2-bedroom 1-bathroom home is nestled on a large lot filled with huge mature trees for shade and privacy outdoor relaxation and entertainment. A large family room could be coverted to a third bedroom and dining area. Most of the updating has already been done including 200 amp electric panel and full house rewire, water heater, Rheem HVAC system and ducts, Certainteed roof with ice and water barrier, windows professionaly installed, blown-in attic insulation and all permits obtained and green tags obtained. All of this and close to excellent GISD schools, public parks, public transportation and shopping.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$212,640Estimated Mortgage Balance
$5,360Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,690
$206,280
2025
$50,000
$156,280
$206,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,690
$206,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$220,924
Yes
First
Apr 5, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,640
$5,360
2%
98%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,325/mo
+$647/mo
10.9%

City: Garland

1365 Elmhurst Dr | Property Details | No Agent List