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$177,500

1422 Shorehaven Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.68 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,750 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26397500040060000
Lot Number6
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 3 BLK D LOT 6 INT202000320879 DD11132020 CO-DC 3975000400600 1CG39750004
Census Tract018121
Assessed Land Value$84,000
Assessed Improvement Value$178,760
Assessment Year2025

About this property

This charming home with amazing curbside appearance is situated in a quiet neighborhood of Garland. The home will bring so many opportunities to grow your family; with great schools and parks within walking distance, and Firewheel mall being a short drive away, you will have an abundance of activities to create great memories. This 4 bedroom 1 and 1 half bathroom is cozy with personality. Schedule to see this home today!

Investor Tools

Property Icon
$262,760
Estimated Property Value
$0Estimated Mortgage Balance
$111,277Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,577 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,974
$262,760
2025
$84,000
$178,760
$262,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,974
$262,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$163,975
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,483
$111,277
42%
58%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,017/mo
+$1,555/mo
11.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1422 Shorehaven Drive | Property Details | No Agent List