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$329,030

NAL Estimated Property Value

1529 Clear Point Dr, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,237 Sq Ft
price_per_sqft$167.63 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range

Exterior

Lot Size8,400 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26561500040140000
Lot Number14
SubdivisionSouthgate Acres
Land UseResidential
Legal DescriptionSOUTHGATE ACRES 2 BLK 4 LT 14 INT202000175763 DD07022020 CO-DC 5615000401400 1CG56150004
Census Tract018401
Assessed Land Value$65,000
Assessed Improvement Value$264,030
Assessment Year2025

About this property

Stunning Newly Remodeled 4-Bedroom, 2.5 Bathroom Home. Discover this charming property where modern elegance meets cozy charm. Featuring a spacious backyard it's perfect for summer enjoyment and entertaining. Inside, the recently updated custom kitchen boasts stylish cabinets, granite countertops, making cooking and hosting effortless. The inviting atmosphere, enhanced by a cozy fireplace, creates the ideal setting for relaxation or gatherings. Step outside to your personal oasis with a large covered patio overlooking the serene and private retreat of your backyard. Recent updates include new roof, foundation repaired, and new plumbing to ensuring this home is move-in ready. These upgrades alone add $65,000 to the property's value, combining comfort and convenience for an exceptional living experience. With convenient access to I-30 and 635, as well as nearby shops and restaurants, you'll enjoy the perfect balance of tranquility and convenience. Plus, this home is zoned for Garland ISD, which offers open enrollment. Don’t miss out on this wonderful opportunity!

Investor Tools

Property Icon
$329,030
Estimated Property Value
$242,015Estimated Mortgage Balance
$87,015Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,619
$329,030
2025
$65,000
$264,030
$329,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,619
$329,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$272,964
No
First
Jul 2, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,015
$87,015
26%
74%
$1,637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,637/mo
+$935/mo
9.4%

City: Garland

1529 Clear Point Dr | Property Details | No Agent List