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$230,960

1513 Lakeside Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.14 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,450 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26307500020040000
Lot Number4
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD 1 BLK B W 65 FT LT 4 INT201000028251 DD01292010 CO-DC 3075000200400 1CG30750002
Census Tract018900
Assessed Land Value$110,000
Assessed Improvement Value$120,960
Assessment Year2025

About this property

5K SELLER CONCESSIONS OFFERED TO BUYER!Welcome to this charming 3-bedroom, 2-bathroom home in Garland, Texas, offering 1,676 square feet of comfortable, renovated living space. Step inside to discover a home with laminate flooring that flows throughout, creating a cohesive and easy-to-maintain living environment. The layout includes three separate living and dining spaces, providing ample room for relaxation, family gatherings, and hosting guests. The kitchen is a standout feature, offering a substantial amount of cabinet space to meet all your storage needs. New windows have been installed, contributing to the home's overall efficiency and comfort.The primary bedroom provides a private retreat, while the two additional bedrooms are well-sized for family members, guests or home office. The home includes two bathrooms, with the secondary bathroom being functional and practical for daily use.The large backyard is an outdoor haven, perfect for activities and enjoyment. It features a covered deck, ideal for barbecues and outdoor dining, as well as two sheds for extra storage, hobbies, or a workshop. This home offers a fantastic opportunity to settle into a welcoming neighborhood and create lasting memories.

Investor Tools

Property Icon
$230,960
Estimated Property Value
$223,250Estimated Mortgage Balance
$10,313Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,512
$230,960
2025
$110,000
$120,960
$230,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,512
$230,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$223,250
No
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,647
$10,313
4%
96%
$1,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,339/mo
+$226/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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 Lakeside Dr | Property Details | No Agent List