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$250,000

1429 Marion Dr, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.48 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Gas Cooktop, Refrigerator, Washer
FlooringHardwood, Vinyl

Exterior

Lot Size11,625 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26122500030210000
Lot Number21
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES BLK 3 LOT 21 CO-DALLAS 1225000302100 32612250003
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$180,000
Assessment Year2025

About this property

Welcome to this meticulously maintained bungalow style home nestled on a beautifully landscaped corner lot. This 2-bedroom, 2-bath gem offers comfort, charm, and functionality. Step inside to find an inviting living room area filled with natural light that also connects to a dining room area. The kitchen has abundant cabinet and counter space and is equipped with a gas cooktop, electric oven, dishwasher and refrigerator. The primary bedroom features its own private ensuite bath and 2 closet spaces. The secondary bedroom includes built-in shelves, perfect for storage or displaying your favorite décor. The fully enclosed sunroom, that adds over 190 sqft of living space, can be enjoyed year round as it is complete with a window unit for warm summer days and an electric fireplace to keep you cozy in cooler months. Just outside, a large backyard awaits, highlighted by a stunning deck ideal for morning coffee, relaxing evenings, or entertaining guests. The manicured lawn with irrigation system and mature landscaping add to this home’s curb appeal, while the generous lot provides space and privacy. Don’t miss the opportunity to own this lovingly cared-for home in a desirable location—schedule your private showing today!

Investor Tools

Property Icon
$230,000
Estimated Property Value
$245,471Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,381
$230,000
2025
$50,000
$180,000
$230,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,381
$230,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$245,471
Yes
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,246
N/A
0%
105%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,472/mo
+$93/mo
8.2%

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.

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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1429 Marion Dr | Property Details | No Agent List