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$535,010

NAL Estimated Property Value

1731 Russell Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,516 Sq Ft
price_per_sqft$217.61 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size13,983 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26236520010010000
Lot Number1
SubdivisionGhfc
Land UseCommercial
Legal DescriptionGHFC 2 BLK 1 LT 1 ACS 0.321 INT202500106434 DD05212025 CO-DC 2365200100100 1CG23652001
Census Tract018700
Assessed Land Value$125,000
Assessed Improvement Value$410,010
Assessment Year2025

About this property

SPECIAL CITY OF GARLAND FINANCING - 1731 Russell Drive, a new construction home in Garland Texas, designed for energy efficiency and modern living. This spacious 4-bedroom, 2-bathroom home features an inviting open-concept layout with luxury vinyl plank flooring in the living, kitchen, and dining areas. The kitchen offers plenty of cabinet and counter space, along with a pantry, making it both functional and stylish. The primary suite includes a bathroom with dual vanities and a walk-in closet, providing a comfortable retreat. The three additional bedrooms have carpeting and ceiling fans, while the secondary bathroom features a tub shower combination and a vanity. A large backyard provides ample space for outdoor enjoyment, and the two-car garage with an opener adds convenience. Located near shopping and public transportation, this home offers both comfort and accessibility. Special Opportunity! The City of Garland is offering special funding for first-time homebuyers and those who qualify under 80% of the median income. Don’t miss this chance to own a beautiful new home with potential financial assistance!

Investor Tools

Property Icon
$535,010
Estimated Property Value
$323,600Estimated Mortgage Balance
$211,410Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$535,010
2025
$125,000
$410,010
$535,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$535,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Of Garland
Purchase Money Mortgage
$329,400
No
First
May 21, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,600
$211,410
39%
60%
$1,975/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,975/mo
+$597/mo
5.8%

City: Garland

1731 Russell Drive | Property Details | No Agent List