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$192,000

NAL Estimated Property Value

156 E Wanda Dr, Garland, TX, 75040

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths944 Sq Ft
price_per_sqft$201.17 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringHardwood

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26593500030180000
Lot Number18
SubdivisionTaylor Hills
Land UseResidential
Legal DescriptionTAYLOR HILLS 2 BLK C LOT 18 INT202500121655 DD06062025 CO-DC 5935000301800 1CG59350003
Census Tract018204
Assessed Land Value$66,000
Assessed Improvement Value$126,000
Assessment Year2025

About this property

Cute cottage with new updates. Fresh paint throughout, Kitchen features new cabinets, counters, sink & faucet and appliances. The bathroom has a new sink and toilet, so all the plumbing fixtures are new. To maximize space, the water heater (also brand new) and the washer & dryer connections are located in the enclosed back patio. The home features an extended drive for parking and a huge back yard for entertaining.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$185,484Estimated Mortgage Balance
$6,516Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,639
$192,000
2025
$66,000
$126,000
$192,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,639
$192,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$188,522
Yes
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,484
$6,516
3%
97%
$1,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,131/mo
+$841/mo
12.3%

City: Garland

156 E Wanda Dr | Property Details | No Agent List