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$340,000

1402 James Dr, Garland, TX, 75042

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths1,882 Sq Ft
price_per_sqft$180.66 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Range
FlooringTile, Wood

Exterior

Lot Size11,200 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26209500020400000
Lot Number40
SubdivisionGarland Park
Land UseResidential
Legal DescriptionGARLAND PARK BLK 2 LT 40 VOL2003233/4071 DD11142003 CO-DC 2095000204000 32620950002
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$194,550
Assessment Year2025

About this property

Welcome to 1402 James Drive, a spacious single-story home in the established Garland Park neighborhood. This property offers four bedrooms, approximately 1,882 square feet of living space, and an oversized 0.26-acre lot with plenty of room for outdoor enjoyment. The flexible layout provides great potential for comfortable everyday living, entertaining, or future personalization. Additional features include an attached garage, stucco exterior, composition roof, and mature surroundings. Conveniently located near Central Park, Granger Recreation Center, schools, shopping, dining, Downtown Garland, and major roadways. No HOA. A wonderful opportunity to own a generously sized home and lot in a convenient Garland location. Buyer and buyer’s agent to verify all measurements, schools, and property information. (photos are virtually staged/edited)

Investor Tools

$31,016Estimated Mortgage Balance
$213,534Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Christopher Dahl

Stag & Stone Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,306
$244,550
2025
$50,000
$194,550
$244,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,306
$244,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National City Mortgage Co
Fha
$86,148
Yes
First
Nov 14, 2003
Dec 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,016
$213,534
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
12.6%

City: Garland

1402 James Dr | Property Details | No Agent List