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$280,000

1533 Town Bluff St, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,374 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.78 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size7,564 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26399500020350000
Lot Number35
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 5 BLK B LOT 35 INT202300169404 DD08212023 CO-DC 3995000203500 1CG39950002
Census Tract018121
Assessed Land Value$84,000
Assessed Improvement Value$222,970
Assessment Year2025

About this property

Make this beautiful home yours today! -Charming 4 bed, 2 bath, home in Garland! Spacious living room with laminate wood flooring. Inviting white Kitchen with Appliances and fridge included! Granite Counters, Tiled backsplash and separate dinning make this kitchen stand out. You will love the warm feeling this home brings, updated fixtures and much more. Converted garage was made into separate dining, WD closet and bonus room ( not included in SQFT). Bonus room could be 4th bedroom, 2nd living, or office. Alley access into the large, fenced in backyard with covered patio and storage shed. Home is 5 minutes to George Bush Hwy, Firewheel Town Center, and 30 min from Downtown Dallas. Refrigerator and WD will convey with property.

Investor Tools

Property Icon
$306,970
Estimated Property Value
$290,080Estimated Mortgage Balance
$31,444Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,980
$306,970
2025
$84,000
$222,970
$306,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,980
$306,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Corey James Melin Etal
Seller Carryback / Seller Financing / Seller Take-Back
$290,080
No
First
Aug 21, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,526
$31,444
10%
90%
$1,740/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,740/mo
+$832/mo
10.1%

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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1533 Town Bluff St | Property Details | No Agent List