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$268,080

NAL Estimated Property Value

1505 Shorehaven Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.6 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesOther
Lot Size7,688 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26398500060170000
Lot Number17
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 4 BLK F LOT 17 INT202300066021 DD03312023 CO-DC 3985000601700 1CG39850006
Census Tract018121
Assessed Land Value$84,000
Assessed Improvement Value$184,080
Assessment Year2025

About this property

Beautifully updated 4 bedroom home move in ready. Open floorplan flows seamlessly from the kitchen, dining room and living room. The kitchen has an island with breakfast bar overhang. Updates completed Nov. of 2022 include paint inside and out, all flooring, granite counter tops, back splash, stainless appliances, all plumbing fixture and light fixtures, cabinet and door hardware, bathroom vanities, tub and shower tile surrounds, water heater, and much more! Great neighborhood with sidewalks and well kept homes.

Investor Tools

Property Icon
$268,080
Estimated Property Value
$254,295Estimated Mortgage Balance
$268,080Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,574
$268,080
2025
$84,000
$184,080
$268,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,574
$268,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$262,163
Yes
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,295
$13,785
5%
95%
$1,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,620/mo
+$952/mo
11.5%

City: Garland

1505 Shorehaven Dr | Property Details | No Agent List