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$386,000

NAL Estimated Property Value

1609 James Good Lane, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,283 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.71 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size13,175 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26110500050190000
Lot Number19
SubdivisionCountry Club Park
Land UseResidential
Legal DescriptionCOUNTRY CLUB PARK ESTATES BLK E LOT 19 INT202000322588 DD11182020 CO-DC 1105000501900 1CG11050005
Census Tract018110
Assessed Land Value$60,000
Assessed Improvement Value$306,100
Assessment Year2025

About this property

If you're searching for an affordable custom home with charm and character, this is it! You have to see this 4 bedroom 3 bath home nestled on a beautiful lot with mature trees and view of the pond. Features include wood laminate flooring, plantation shutters, recessed ceilings, updated baths, split bedrooms, 2 car garage and 3 car carport. You'll fall in love with the privacy of this back yard oasis that includes a covered flagstone patio, arbor, built-in grill, flagstone fire pit and ample room to play, relax and entertain. Recent updates include microwave (2016), Bosch Dishwasher and AC system (2018), garage water heater (2019), and Cooktop (2020). Don't miss an opportunity to own a real gem!

Investor Tools

Property Icon
$386,000
Estimated Property Value
$235,078Estimated Mortgage Balance
$150,922Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,335
$366,100
2025
$60,000
$306,100
$366,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,335
$366,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$263,000
No
First
Nov 18, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,078
$150,922
39%
61%
$1,577/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,577/mo
+$395/mo
6.1%

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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1609 James Good Lane | Property Details | No Agent List