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$470,000

NAL Estimated Property Value

1614 Skyline Dr, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26165900030080000
SubdivisionEmerald Lake
Land UseResidential
Legal DescriptionEMERALD LAKE BLK 3 LT 8 INT202100170540 DD05282021 CO-DC 1659000300800 1CG16590003
Census Tract018147
Assessment Year2025

About this property

Come see this beauty located in the Emerald Lake community within 10min from Lake Ray Hubbard in Garland, this Grand Home floor plan is sure to be what you are looking for in a one story home. It has 2 open living areas with an open living concept. Located near Lake Ray Hubbard and with the elementary school just a short 2 minutes walk down the street.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$311,909Estimated Mortgage Balance
$158,091Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,992
$440,460
2025
N/A
N/A
$440,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,992
$440,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$344,850
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,909
$158,091
33%
66%
$2,068/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,368/mo
+$204/mo
6.6%

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 Skyline Dr | Property Details | No Agent List