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$274,640

NAL Estimated Property Value

1501 Jo Ann Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,267 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.2 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave

Exterior

Lot Size8,850 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26124500090220000
Lot Number22
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES 3 BLK 9 LT 22 INT202400084271 DD04262024 CO-DC 1245000902200 1CG12450009
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$224,640
Assessment Year2025

About this property

This charming 3 bd, 2 bath home is fully remodeled, with an open floor plan, brand new kitchen cabinets, granite countertops, stainless steel appliances, modern light fixtures, new paint and new flooring throughout the house. Primary bedroom has a walk in closet, and a large bathroom with his and hers sinks. Large Spacious corner lot with detached 2-car garage and carport. Backyard has a large patio area for family gatherings and entertainment. Minutes away from Downtown Garland Square and other entertainment spots.

Investor Tools

Property Icon
$274,640
Estimated Property Value
$302,659Estimated Mortgage Balance
$274,640Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,526
$274,640
2025
$50,000
$224,640
$274,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,526
$274,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$299,475
Yes
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,659
N/A
0%
110%
$1,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,886/mo
+$86/mo
8.6%

City: Garland

1501 Jo Ann Dr | Property Details | No Agent List