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$323,000

NAL Estimated Property Value

1410 Lexington Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,194 Sq Ft
price_per_sqft$127.62 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size8,760 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26560500020150000
Lot Number15
SubdivisionSouthgate Acres
Land UseResidential
Legal DescriptionSOUTHGATE ACRES 1 BLK 2 LOT 15 INT202200062501 DD03012022 CO-DC 5605000201500 1CG56050002
Census Tract018401
Assessed Land Value$65,000
Assessed Improvement Value$237,220
Assessment Year2025

About this property

*Feb 12 Multiple Offers* - Please submit best & final by Feb 13th 12pm. Light & bright, spacious & flexible floorplan offers plenty of room for everyone. Enjoy the outdoors all year long in your enclosed & peaceful patio. Eat-in kitchen with breakfast bar, tons of storage & counter space makes meal prep a breeze. Master suite retreat includes his and her sinks, separate tub & shower as well as large walk in closet. Private backyard with gated alley access & lovely landscaping is a great space to entertain family & friends. Detached rear entry garage has workshop area & built in storage. Shed conveys. Conveniently located near 635 & I-30 & multiple areas for shopping & dining. Can close quickly.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$264,888Estimated Mortgage Balance
$58,112Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,290
$302,220
2025
$65,000
$237,220
$302,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,290
$302,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$287,375
No
First
Mar 1, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,888
$58,112
17%
82%
$1,723/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,723/mo
+$249/mo
7.3%

City: Garland

1410 Lexington Drive | Property Details | No Agent List