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$273,280

NAL Estimated Property Value

1614 Bitter Creek Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,098 Sq Ft
price_per_sqft$208.56 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26399500120100000
Lot Number10
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 5 BLK L LOT 10 INT201600057833 DD02292016 CO-DC 3995001201000 1CG39950012
Census Tract018121
Assessed Land Value$84,000
Assessed Improvement Value$189,280
Assessment Year2025

About this property

Move-in ready 4-bedroom, 2-bath Garland home featuring a functional single-story layout and new HVAC and stainless-steel appliances (2025)! Bright open living area connects to the kitchen and dining spaces, ideal for everyday living. Spacious fenced yard with mature trees and no back neighbors—backs to commercial acreage for extra privacy. Conveniently located near Highways 66 & 78, shopping, and schools!

Investor Tools

Property Icon
$273,280
Estimated Property Value
$201,627Estimated Mortgage Balance
$71,653Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,640 /month
Positive
Cash Flow Estimate:
$547 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,214
$273,280
2025
$84,000
$189,280
$273,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,214
$273,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$203,400
No
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,627
$71,653
26%
74%
$1,220/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,220/mo
+$1,352/mo
11.3%

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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1614 Bitter Creek Dr | Property Details | No Agent List