$221,360
NAL Estimated Property Value1513 Cedarcrest Dr, Garland, TX, 75042
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Range, Refrigerator
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesStorage
Lot Size7,125 sqft
Building Information
Year Built1940
Stories1
Roof Type105
Land Information
APN26203500040190000
Lot Number19
SubdivisionGarland Groves
Land UseResidential
Legal DescriptionGARLAND GROVES BLK D LT 19 INT202200299800 DD11182022 CO-DC 2035000401900 1CG20350004
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$171,360
Assessment Year2025
About this property
Cute 3 bedroom 1 bath home close to downtown Garland, easy access to public transportation, shopping and schools. Large living room has vinyl flooring, kitchen has tile and all bedrooms have carpet. Enjoy your evenings in the backyard on the 12 x 11 deck shaded by huge trees. There is a large 15 x 15 building in the backyard that would make an excellent workshop. This has been a non-smoking home. Please contact Listing Agent #2 for questions.
Investor Tools
$221,360
Estimated Property Value
$245,972Estimated Mortgage Balance
$221,360Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,328 /month
Positive
Cash Flow Estimate:
$443 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,528
$221,360
2025
$50,000
$171,360
$221,360
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,528
$221,360
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
White Orchid Holding Co
Purchase Money Mortgage
$250,000
No
First
Jun 20, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,972
N/A
0%
111%
$1,499/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,499/mo
+$473/mo
10.7%
