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$325,000

1718 Merrimac Trl, Garland, TX, 75043

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,356 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.95 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size9,360 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26094500120050000
Lot Number5
SubdivisionClub Hill
Land UseResidential
Legal DescriptionCLUB HILL ESTATES 2 BLK 12 LT 5 INT202300224270 DD11012023 CO-DC 0945001200500 1CG09450012
Census Tract018110
Assessed Land Value$60,000
Assessed Improvement Value$316,790
Assessment Year2025

About this property

Located in established Club Hill Estates, this home offers a spacious floorplan, multiple living areas, a sunroom, and original 1970s charm. Foundation work and PVC plumbing replacement have already been completed, offering added peace of mind for the next owner. Off the entry, a large formal living and dining area overlooks the front yard, while the main living room features a brick fireplace, a built-in desk, and vaulted beam-ceilings. The light-filled sunroom extends the living space and provides direct access to the backyard. The galley-style kitchen connects the formal areas to the main living room and features double ovens, a new dishwasher, abundant built-in cabinetry, and generous counter space. An adjoining breakfast area offers additional built-in storage. A private office tucked away from the main living areas creates a dedicated work-from-home space with many built-ins. The spacious primary suite includes one of three closet and direct access to the sunroom. The owners ensuite bath features dual vanities, a separate shower, and two walk-in closets. Two secondary bedrooms offer generous closet space and share a hall bath with extended counter space. A separate utility room with additional storage is conveniently located near the garage, along with a half bath. Outside, enjoy a covered pergola, fenced yard, and plenty of backyard greenspace. The home’s corner position along the alley provides additional space and convenient access to the 2-car garage. Located across from Club Hill Elementary with nearby parks, shopping, and minutes away from Lake Ray Hubbard, plus convenient access to PGB Turnpike, I-30, and I-635. Major improvements include foundation work completed in September 2024 with a transferable warranty and replacement of the cast iron plumbing with PVC in January 2025. A well-established home with a functional layout, generous living spaces, and the opportunity to live in a sought-after neighborhood.

Investor Tools

$136,511Estimated Mortgage Balance
$240,964Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,261 /month
Positive
Cash Flow Estimate:
$754 /month

Interested in this property?

Amanda Ryan

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,855
$376,790
2025
$60,000
$316,790
$376,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,855
$376,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$143,000
No
First
Nov 1, 2023
Dec 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,511
$240,279
63%
36%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$858/mo
+$1,114/mo
6.3%

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.

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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1718 Merrimac Trl | Property Details | No Agent List