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$302,000

1414 Mayfield Avenue, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,109 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.17 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,505 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26560500030040000
Lot Number4
SubdivisionSouthgate Acres
Land UseResidential
Legal DescriptionSOUTHGATE ACRES 1 BLK 3 LT 4 INT202100199150 DD07022021 CO-DC 5605000300400 1CG56050003
Census Tract018401
Assessed Land Value$65,000
Assessed Improvement Value$206,750
Assessment Year2025

About this property

This 4 bedroom 2 bath one owner home is ready for its new owners! Home features a large family room with a fireplace with beautiful wood beams and built ins. The master bedroom has an en-suite bath and an ample walk in closet. Lots of counter space and cabinets in the kitchen with an eat in breakfast area as well. Formals in the front make for great flex space areas. Secondary bedrooms are large. Previous owner had a small darkroom with a sink that could easily be converted to another bath. Lots of mature trees and a patio out back. Close to highways, restaurants and shopping. Great neighborhood and NO HOA. Open House Sunday 12:00-2:00

Investor Tools

Property Icon
$302,000
Estimated Property Value
$0Estimated Mortgage Balance
$39,555Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,651
$271,750
2025
$65,000
$206,750
$271,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,651
$271,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$252,200
No
First
Jul 2, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,445
$39,555
13%
87%
$1,717/mo

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.

Explore Texas Explore This Area
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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1414 Mayfield Avenue | Property Details | No Agent List