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$240,000

NAL Estimated Property Value

1557 Hilltop Drive, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.6 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,800 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26123500100020000
Lot Number2
SubdivisionCrest Ridge
Land UseResidential
Legal DescriptionCREST RIDGE ESTATES 2 BLK 10 LOT 2 INT202200117684 DD04192022 CO-DC 1235001000200 1CG12350010
Census Tract018600
Assessed Land Value$50,000
Assessed Improvement Value$190,000
Assessment Year2025

About this property

Pride in ownership! Well-maintained home surrounded by parks and schools offers privacy and tranquility. Home features a spacious, open floor plan with excellent flow, a newer roof, a large yard with room for a pool or playset. Home is currently enjoyed as a huge master and guest bedroom, each with their own large size bathrooms, however, a wall can easily be added to the master bedroom in order to achieve 3 good size bedrooms. Master bathroom, kitchen and guest bath have all been upgraded. Don't miss out on this opportunity to purchase in highly desirable, Crest Ridge Estates section of Garland!

Investor Tools

Property Icon
$240,000
Estimated Property Value
$232,893Estimated Mortgage Balance
$7,107Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,985
$240,000
2025
$50,000
$190,000
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,985
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$252,200
No
First
Apr 19, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,893
$7,107
2%
97%
$1,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,513/mo
+$52/mo
7.8%

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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1557 Hilltop Drive | Property Details | No Agent List