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$370,490

NAL Estimated Property Value

1702 Lantana Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.67 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size4,692 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26625040020310000
Lot Number31
SubdivisionVillages Of Valley Creek
Land UseResidential
Legal DescriptionVILLAGES OF VALLEY CREEK 5 BLK 2 LOT 31 INT202200245170 DD09122022 CO-DC 6250400203100 1CG62504002
Census Tract018151
Assessed Land Value$75,000
Assessed Improvement Value$295,490
Assessment Year2025

About this property

Move-in ready 2-story brick home in sought after Villages of Valley Creek, mature and quiet neighborhood with easy access to GB190 tollway, Firewheel mall, excellent Garland ISD schools & local commercial establishments. Attractively landscaped with an inviting front porch, updates include new roof in Feb 2022, updated HVAC in 2017, 8ft board on board stained privacy fence, laminated hardwood floor also added recently in family, formal dining & enclosed patio, which has its own AC unit and not included in the square footage. Master bedroom downstairs, ensuite bath with dual vanities, jetted garden tub & separate shower. Recently added tiled floor in kitchen with gas range, granite countertops & stone tile backsplash & newer fixtures. 3 bedrooms with shared full bath and game room upstairs. Attached workshop or storage shed easily accessible from the rear patio door, and a well built attached 2-car carport shared the same driveway to the garage. Foundation report available on NTREIS.

Investor Tools

Property Icon
$370,490
Estimated Property Value
$249,152Estimated Mortgage Balance
$121,338Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,223 /month
Positive
Cash Flow Estimate:
$741 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,723
$370,490
2025
$75,000
$295,490
$370,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,723
$370,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$267,375
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,152
$121,338
32%
67%
$1,604/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,679/mo
+$293/mo
6.4%

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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1702 Lantana Drive | Property Details | No Agent List