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$272,290

NAL Estimated Property Value

1549 Lakeside Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
price_per_sqft$196.54 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

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
FlooringCeramic Tile, Laminate, Wood

Exterior

Lot Size9,100 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26307500020130000
Lot Number13
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD 1 BLK B LT 13 INT202400143330 DD07172024 CO-DC 3075000201300 1CG30750002
Census Tract018900
Assessed Land Value$110,000
Assessed Improvement Value$162,290
Assessment Year2025

About this property

Can't miss home on a huge corner lot! This cozy little 3 bedroom home has been updated and offers wood flooring in the common areas and some of the bedrooms. Laminate in one bedroom and the kitchen along with tile in the bathrooms. In the backyard you will find a deck with tons of space for playground equipment, tossing around the baseball or for pets to roam and play. The kitchen has painted white cabinets and opens to the dining area and living room. The front porch is a great place to enjoy a rocking chair and your morning coffee. This is a fantastic value and a great opportunity to own a home!

Investor Tools

Property Icon
$272,290
Estimated Property Value
$467,444Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,242
$272,290
2025
$110,000
$162,290
$272,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,242
$272,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$241,656
Yes
First
Jul 17, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,444
N/A
0%
172%
$2,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,898/mo
$-926/mo
8.7%

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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1549 Lakeside Dr | Property Details | No Agent List