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$272,000

NAL Estimated Property Value

1613 Nueces Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,176 Sq Ft
price_per_sqft$263.61 / sqft
Year BuiltBuilt in 1979

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, Electric Range, Electric Water Heater
FlooringVinyl

Exterior

Lot Size7,670 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26404520060260000
Lot Number26
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 10 BLK 6 LOT 26 INT202500020230 DD01312025 CO-DC 4045200602600 1CG40452006
Census Tract018121
Assessed Land Value$60,500
Assessed Improvement Value$205,400
Assessment Year2025

About this property

BRING ALL OFFERS! GREAT VALUE! Back on market due to buyer financing. Curb appeal abounds with this 3 bedroom, 2 bath Garland home that is filled with updates. Approximately $95,000 in recent updates, including new plumbing pipes! You and your guests are warmly welcomed the moment you enter. The inviting living room with a stately brick fireplace sits at the heart of the home and opens to the kitchen and dining room. The modern kitchen offers a breakfast bar with seating, built-in stainless steel appliances, and ample storage space. The serene primary bedroom boasts an ensuite bath and walk-in closet. Spacious secondary bedrooms and bath. The third bedroom can easily be used as an elegant home office or a cozy den. You will appreciate the large backyard with a greenbelt view overlooking a creek, & the park across the creek. Recent updates include Class 4 roof, new doors, bathroom updates, siding, fresh paint, lighting, blinds, and more! Excellent location with many nearby shopping, and dining options. 3D tour is available online.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$297,190Estimated 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
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,327
$265,900
2025
$60,500
$205,400
$265,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,327
$265,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Fha
$304,385
Yes
First
Jan 31, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,190
N/A
0%
109%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,825/mo
+$147/mo
8.7%

Learn About the Market: Opportunity in Texas

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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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1613 Nueces Dr | Property Details | No Agent List