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$375,000

1401 Springside Dr, Garland, TX, 75043

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths3,357 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.71 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Barrel/Cistern(s)
Lot Size12,165 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26521420040110000
Lot Number11
SubdivisionShores Of Eastern Hills
Land UseResidential
Legal DescriptionSHORES OF EASTERN HILLS 3 BLK 4 LT 11 INT201800066884 DD03122018 CO-DC 5214200401100 1CG52142004
Census Tract018147
Assessed Land Value$75,000
Assessed Improvement Value$376,170
Assessment Year2025

About this property

For Walkthrough video, please go to shorts on Evan Downey Real Estate YouTube channel. Come check out this wonderful home just minutes from the lake. Come and see the bright and inviting living area featuring a soaring two-story ceiling, cozy tiled fireplace, and open layout that flows seamlessly into the main living spaces. Perfect for relaxing or entertaining with plenty of natural light and comfortable seating. The open concept Kitchen with Breakfast area opens to the large Family room. Adjacent you have a bright and spacious sunroom with large windows offering plenty of natural light and backyard views. Features tiled floors, built-in bench seating, perfect for relaxation, workouts, or entertaining. Primary bedroom is oversized and if you work from home, there is a large office space. Location is GREAT, just minutes from I-30 and George Bush and walking distance to Lake Ray Hubbard and Rosehill Park, a 75-acre undeveloped prairie Sanctuary.

Investor Tools

$239,474Estimated Mortgage Balance
$211,696Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,707 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,928
$451,170
2025
$75,000
$376,170
$451,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,928
$451,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$269,000
No
First
Oct 19, 2020
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,474
$211,696
46%
53%
$1,613/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,853/mo
+$119/mo
5.2%

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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1401 Springside Dr | Property Details | No Agent List