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Days242Days on Market
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$227,000

1513 Murray Dr, Garland, TX, 75042

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,369 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.81 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher

Exterior

Lot Size7,670 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26124500110180000
Lot Number18
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES 3 BLK 11 LOT 18 VOL91143/3061 EX072491 CO-DALLAS 1245001101800 32612450011
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$167,900
Assessment Year2025

About this property

Welcome home to this charming 3-bedroom, 1-bath ranch-style home in Garland’s established Park Grove neighborhood within Crest Ridge Estates. Filled with character and curb appeal, this home features , a 1-car garage, and a comfortable floor plan with inviting living and dining areas. The bright kitchen and spacious primary bedroom add to the home’s easy everyday living. Enjoy a backyard perfect for relaxing, gardening, or entertaining. Conveniently located near schools, shopping, dining, I-635, and TX-78, this home offers comfort, charm.

Investor Tools

Property Icon
$226,000
Estimated Property Value
$0Estimated Mortgage Balance
$226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

Interested in this property?

James Christie

Keller Williams Realty-FM

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$54
$217,900
2025
$50,000
$167,900
$217,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$54
$217,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
10.5%

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.

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 Murray Dr | Property Details | No Agent List