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$476,010

NAL Estimated Property Value

1513 Alberbrook Pl, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,223 Sq Ft
price_per_sqft$204.68 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Water Softener, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,791 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26007740050040000
Lot Number4
SubdivisionCastle Point
Land UseResidential
Legal DescriptionCASTLE POINT PH 2 BLK 5 LOT 4 INT202200152821 DD05272022 CO-DC 0077400500400 1CG00774005
Census Tract018120
Assessed Land Value$90,000
Assessed Improvement Value$386,010
Assessment Year2025

About this property

Multiple offers received. Please submit your highest and best offer by Noon this Tuesday May 3rd. Seller will review all and select one by Wednesday at 5 PM. single-story offers 4 bedrooms, 3 full bathrooms, a bonus flex room that could be your office or game room, and 2-car garage! Upgrades include beautiful hardwood flooring, 8ft doors throughout, a cozy gas starter fireplace in living room, covered backyard patio, and more! The open gourmet kitchen boasts a large center island with breakfast bar, gas cooktop, walk-in pantry, and spacious nook. Private master suite features his and hers vanities, a garden tub with separate shower, and walk-in closet! Fresh paint throughout. Refrigerator, Washer and Dryer, Dining table and entrance cabinets table will remain with acceptable offer. More pictures to come. Showing starts on Saturday April 30th after 1:00 PM.

Investor Tools

Property Icon
$476,010
Estimated Property Value
$387,530Estimated Mortgage Balance
$88,480Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$858/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,912
$476,010
2025
$90,000
$386,010
$476,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,912
$476,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Conventional
$408,000
No
First
Aug 4, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,530
$88,480
18%
81%
$2,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,847/mo
$-275/mo
6.5%

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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1513 Alberbrook Pl | Property Details | No Agent List