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$189,000

NAL Estimated Property Value

1425 Cedarcrest Drive, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.35 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Gas Water Heater
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26203500040230000
SubdivisionGarland Groves
Land UseResidential
Legal DescriptionGARLAND GROVES BLK D LT 23 INT202100366656 DD12082021 CO-DC 2035000402300 1CG20350004
Census Tract018600
Assessment Year2025

About this property

Come see this charming, Garland ISD, home! Offering 2 Beds, 1 Bath, Wood floors and more! Separate Utility room which leads out to deck and backyard. This home MAY qualify for the Garland Neighborhood Vitality Program. Foundation was recently repaired. The home has been recently painted, new dishwasher, microwave will be replaced. Great rental home opportunity! Schedule your Showing today!...

Investor Tools

Property Icon
$189,000
Estimated Property Value
$125,441Estimated Mortgage Balance
$63,559Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,100
$180,320
2025
N/A
N/A
$180,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,100
$180,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$136,850
No
First
Dec 8, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,441
$63,559
33%
66%
$821/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$821/mo
+$744/mo
9.9%

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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