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$495,850

NAL Estimated Property Value

1413 Bellingham Ln, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,147 Sq Ft
price_per_sqft$216.58 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

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 Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26251390050180000
SubdivisionGramercy Park
Land UseResidential
Legal DescriptionGRAMERCY PARK BLK 5 LT 18 INT202000086662 DD03252020 CO-DC 2513900501800 1CG25139005
Census Tract019042
Assessment Year2025

About this property

Back on the market at no fault to the home. Exceptional opportunity in the highly desirable Gramercy Park community of Garland! This meticulously maintained 3-bedroom, 2.5-bath home with a dedicated office offers 2,147 square feet of thoughtfully designed living space in one of the area's most convenient locations. Step inside to find an abundance of natural light, modern finishes, and an open-concept layout ideal for both everyday living and entertaining. The spacious living and dining areas flow seamlessly together and are highlighted by durable wood-look tile flooring throughout the main living spaces. The well-appointed kitchen overlooks the living area, creating the perfect setup for hosting family and friends while maintaining a connected atmosphere. A dedicated home office provides flexibility for remote work, a study, hobby room, or additional living space. The oversized primary suite offers a relaxing retreat, while the functional floorplan maximizes both comfort and privacy. Outside, enjoy the covered patio and private rear-entry garage. The home has been thoughtfully improved with two dedicated 240-volt outlets, perfect for electric vehicle charging, as well as professionally installed French drain systems along both side yards designed to efficiently move water away from the property during heavy rains. Location is everything, and this home delivers. Situated just seconds from President George Bush Turnpike, residents enjoy quick access to major employment centers, shopping, dining, and entertainment throughout the Dallas metroplex. Methodist Richardson Medical Center is also just minutes away. Homes in Gramercy Park rarely become available, and this is one of the most well-maintained homes to hit the market in recent years. Best of all, the community features NO MUD or PID taxes, helping keep ownership costs lower than many newer developments.

Investor Tools

Property Icon
$495,850
Estimated Property Value
$303,972Estimated Mortgage Balance
$191,878Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,975 /month
Positive
Cash Flow Estimate:
$992 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,383
$495,850
2025
N/A
N/A
$495,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,383
$495,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$347,153
No
First
Mar 25, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,972
$191,878
38%
61%
$2,082/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,367/mo
$-217/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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1413 Bellingham Ln | Property Details | No Agent List