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$290,060

NAL Estimated Property Value

1525 Lavendale Ln, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size9,775 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26404530020300000
Lot Number30
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 11 BLK 2 LT 30 INT201900335978 DD11212019 CO-DC 4045300203000 1CG40453002
Census Tract018120
Assessed Land Value$70,000
Assessed Improvement Value$220,060
Assessment Year2025

About this property

Cozy three bedroom home near Firewheel Town Center and Bush Turnpike Coming Soon! Home sits on a large, heavily-treed corner lot with rear entry two car garage and wood privacy fence. Laminate flooring throughout- no carpet. Living room has vaulted ceiling, a wood burning fireplace, recent interior paint and new laminate flooring, Bathroom vanities, toilets, faucets, blinds, electric range, refrigerator, and microwave all just replaced. Split bedrooms; master has large window seat and mirrored closet doors. Utility closet can accommodate full size washer and dryer. Home is all electric, with ceiling fans throughout and a good-sized open patio.

Investor Tools

Property Icon
$290,060
Estimated Property Value
$229,586Estimated Mortgage Balance
$60,474Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,595
$290,060
2025
$70,000
$220,060
$290,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,595
$290,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Unknown
$250,000
No
First
Jan 30, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,586
$60,474
20%
79%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,499/mo
+$473/mo
8.2%

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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1525 Lavendale Ln | Property Details | No Agent List