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$305,000

1509 Jo Ann Dr, Garland, TX, 75042

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.23 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan

Exterior

Lot Size13,231 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APN26124500090240000
Lot Number24
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES 3 BLK 9 LT 24 INT200600360662 DD09122006 CO-DC 1245000902400 1CG12450009
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$217,580
Assessment Year2025

About this property

Welcome home to this beautifully renovated Garland gem offering the perfect blend of modern style and everyday comfort. The open-concept layout creates a bright, inviting space where the spacious living room flows seamlessly into the dining area and beautifully updated kitchen. Featuring white shaker cabinets, quartz countertops, stainless steel appliances, a large island with seating, and luxury vinyl plank flooring throughout, every detail has been thoughtfully updated. The oversized primary suite offers a private retreat with a stunning ensuite bath and generous walk-in closet. Three additional bedrooms provide plenty of space for family, guests, or a home office. Outside, you'll find a large backyard with mature trees and room to entertain, garden, or simply relax. Conveniently located near shopping, dining, parks, and major highways, this move-in ready home is one you won't want to miss.

Investor Tools

Property Icon
$267,580
Estimated Property Value
$220,000Estimated Mortgage Balance
$0Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

Interested in this property?

Deba Douglas

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$952
$267,580
2025
$50,000
$217,580
$267,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$952
$267,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc A Tx Llc
Unknown
$220,000
No
First
Mar 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,452
N/A
0%
163%
$2,640/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,640/mo
$-668/mo
8.8%

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 Jo Ann Dr | Property Details | No Agent List