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$353,000

NAL Estimated Property Value

1409 Butterfly Lane, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,749 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,215 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26112090020130000
Lot Number13
SubdivisionCreek Valley
Land UseResidential
Legal DescriptionCREEK VALLEY NO 1 BLK 2 LT 13 INT202000284949 DD10162020 CO-DC 1120900201300 1CG11209002
Census Tract018205
Assessed Land Value$75,000
Assessed Improvement Value$250,230
Assessment Year2025

About this property

Welcome home to this immaculate, 1 owner, 1 story in highly sought after Creek Valley subdivision. This light and bright, freshly painted, open concept floor plan features wide plank luxury vinyl floors, crown molding, and high base boards. Entertaining is a breeze with the large dining room, eat in kitchen, and breakfast bar that adjoin the over-sized family room that includes a gorgeous wood burning fireplace. This flexible floor plan also offers several options for a home office. Practical updates include: HVAC 2017. Roof & gutters 2019. Luxury vinyl floor, ceramic tile, and carpet 2018. Interior and exterior paint 2020. Fence stain 2020. MULTIPLE OFFERS RECEIVED. All offers due by Thursday at Noon

Investor Tools

Property Icon
$353,000
Estimated Property Value
$151,647Estimated Mortgage Balance
$201,353Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,492
$325,230
2025
$75,000
$250,230
$325,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,492
$325,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$170,000
No
First
Oct 16, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,647
$201,353
57%
43%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,320/mo
+$652/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1409 Butterfly Lane | Property Details | No Agent List