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$182,230

1709 Burke Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.04 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Range
FlooringVinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26361500040030000
Lot Number3
SubdivisionMonica Park Heights
Land UseResidential
Legal DescriptionMONICA PARK HEIGHTS 1 BLK 4 LOT 3 INT202000305949 DD10302020 CO-DC 3615000400300 1CG36150004
Census Tract018204
Assessed Land Value$65,000
Assessed Improvement Value$117,230
Assessment Year2025

About this property

This is an estate sale and there is no disclosure. The home is being sold as is for cash only offers. Lots of work needed here for someone who wants to make this their home or for an investment. Complete renovation needed, has no central heat or air, needs foundation work, flooring, bathroom remodel, kitchen remodel, appliances, complete electrical system, windows, outside wood replacement, possible roof and more. Large backyard.

Investor Tools

Property Icon
$182,230
Estimated Property Value
$0Estimated Mortgage Balance
$182,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,093 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,694
$182,230
2025
$65,000
$117,230
$182,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,694
$182,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$182,230
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
13.0%

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.

Explore Texas Explore This Area
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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1709 Burke Drive | Property Details | No Agent List