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$284,910

NAL Estimated Property Value

1405 Lakeside Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.73 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater

Exterior

Lot Size9,750 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26307500010020000
Lot Number2
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD 1 BLK A LT 2 INT202500002085 DD12302024 CO-DC 3075000100200 1CG30750001
Census Tract018900
Assessed Land Value$110,000
Assessed Improvement Value$174,910
Assessment Year2025

About this property

Welcome to a beautifully updated home offering the perfect blend of modern amenities and the timeless charm of this Garland neighborhood. Step inside to find a spacious living area with abundant natural light, thanks to the new windows throughout the home. The fully renovated bathrooms feature stylish finishes and modern fixtures, providing a spa-like retreat. The updated laundry room adds convenience and functionality to your daily routine. Don’t miss the standout addition to this property a complete studio in separate guest quarters, offering a private space for visitors or the potential for rental income. This addition provides added flexibility, whether you're hosting guests or seeking a quiet home office or studio. Recent upgrades include a new HVAC system, ensuring year-round cost-savings and comfort, a recent roof, and a new water heater for peace of mind. These improvements, along with the fresh updates to the interior, make this home feel nearly new. The covered deck and patio leading to a spacious fenced backyard offer the perfect spot for outdoor activities and entertaining or enjoying a peaceful evening under the stars.

Investor Tools

Property Icon
$284,910
Estimated Property Value
$276,904Estimated Mortgage Balance
$8,006Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,488
$284,910
2025
$110,000
$174,910
$284,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,488
$284,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$284,050
No
First
Dec 30, 2024
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,904
$8,006
2%
97%
$1,704/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,704/mo
+$868/mo
10.8%

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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1405 Lakeside Dr | Property Details | No Agent List