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$220,220

NAL Estimated Property Value

1501 James Dr, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.32 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Refrigerator
FlooringCarpet, Simulated Wood, Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,800 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APN26209500030070000
Lot Number7
SubdivisionGarland Park
Land UseResidential
Legal DescriptionGARLAND PARK BLK 3 LT 7 INT202300027909 DD02102023 CO-DC 2095000300700 1CG20950003
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$170,220
Assessment Year2025

About this property

**MULTIPLE OFFERS** DEADLINE SUN, 1.29.23, 5 PM From the charming covered front porch to the light and bright eat-in kitchen with dual ovens, cute side deck, vaulted ceilings and a window above the sink overlooking the fenced, level backyard with 9 X 7 foot storage building this home is ready for new owners! With your decorating ideas for cosmetic updates and some elbow grease this cozy bungalow offers a host of possibilities! Each of the bedrooms have deep bay window seats overlooking the front yard and ample closet space. The primary bedroom includes 2 spacious closets, ensuite bath with step up jacuzzi, separate shower and room to re-envision this space. The hall bath doubles as a utility room which could also be reimagined to improve efficiency. Featuring wood like floors, a ceiling fan and a French door to the backyard deck, the living room also opens to the kitchen for easy entertaining. Enjoy convenient access to Garland High School and the downtown Garland DART station.

Investor Tools

Property Icon
$220,220
Estimated Property Value
$163,086Estimated Mortgage Balance
$57,134Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,321 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,007
$220,220
2025
$50,000
$170,220
$220,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,007
$220,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Darrin W Stanto
Unknown
$165,506
No
First
Jul 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,086
$57,134
25%
74%
$993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$993/mo
+$572/mo
8.5%

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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1501 James Dr | Property Details | No Agent List