$246,730
NAL Estimated Property Value142 Tulip Drive, Garland, TX, 75041
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet
Exterior
Lot Size7,500 sqft
Building Information
Year Built1959
Stories1
Roof Type105
Garage Spaces1
Land Information
APN26048500010110000
Lot Number11
SubdivisionBroadway Terrace
Land UseResidential
Legal DescriptionBROADWAY TERRACE BLK 1 LOT 11 INT202100201041 DD07022021 CO-DC 0485000101100 1CG04850001
Census Tract018206
Assessed Land Value$65,000
Assessed Improvement Value$181,730
Assessment Year2025
About this property
Completely renovated home, move-in ready! Act fast before it's gone! Seller does not have survey.
Investor Tools
$246,730
Estimated Property Value
$168,884Estimated Mortgage Balance
$77,846Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,480 /month
Positive
Cash Flow Estimate:
$493 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,630
$246,730
2025
$65,000
$181,730
$246,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,630
$246,730
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$186,000
No
First
Jul 2, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,884
$77,846
31%
68%
$1,116/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,116/mo
+$856/mo
9.6%
