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$288,760

NAL Estimated Property Value

1509 Glouchester Dr, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
price_per_sqft$165.23 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,626 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26414500040100000
Lot Number10
SubdivisionNorth Star West
Land UseResidential
Legal DescriptionNORTH STAR WEST ESTATES 5TH SEC BLK 4 LOT 10 INT202400100392 DD05102024 CO-DC 4145000401000 1CG41450004
Census Tract019048
Assessed Land Value$70,000
Assessed Improvement Value$218,760
Assessment Year2025

About this property

Wonderful 3 bedroom, 2 bath, 2 car garage, 1 story in a very convenient Garland location. The home has just been painted professionally inside and out. Water Heater and Disposal 2023, ROOF REPLACED 2022, Washer & Dryer 2021, HVAC 2017. Large Owners suite with room for a sitting area, or desk. Large living area with a fireplace looking into the kitchen and dining area. This home needs cosmetics, mainly new flooring, and is priced keeping this is mind. Perma Pier checked the foundation in July 2025, and no foundation work is needed. Use this opportunity to come make this home your own. Very convenient location, close to shopping and restaurants.

Investor Tools

Property Icon
$288,760
Estimated Property Value
$185,808Estimated Mortgage Balance
$102,952Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,733 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,654
$288,760
2025
$70,000
$218,760
$288,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,654
$288,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$188,000
No
First
Sep 23, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,808
$102,952
35%
64%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,128/mo
+$1,022/mo
8.9%

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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1509 Glouchester Dr | Property Details | No Agent List