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$272,090

NAL Estimated Property Value

1615 Delmar Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,377 Sq Ft
price_per_sqft$98.04 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,800 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26113500050030000
Lot Number3
SubdivisionCresthaven
Land UseResidential
Legal DescriptionCRESTHAVEN 2 BLK 5 LOT 3 INT201800276608 DD10122018 CO-DC 1135000500300 1CG11350005
Census Tract018700
Assessed Land Value$60,000
Assessed Improvement Value$212,090
Assessment Year2025

About this property

**NEEDS REPAIRS & BEING SOLD AS IS**3 BEDROOMS,2 BATHROOMS,CENTRAL HEAT & AIR**CORNER PROPERTY CLOSE TO EVERYTHING**

Investor Tools

Property Icon
$272,090
Estimated Property Value
$110,126Estimated Mortgage Balance
$161,964Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,633 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,187
$272,090
2025
$60,000
$212,090
$272,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,187
$272,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rjr Taa Llc
Unknown
$130,000
No
First
Oct 12, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,126
$161,964
59%
40%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$780/mo
+$1,192/mo
8.7%

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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1615 Delmar Drive | Property Details | No Agent List