Last 24 Hours
$271,000
NAL Estimated Property Value1826 Hemlock Drive, Garland, TX, 75041
Off Market
3 Beds
2 Bath
1,499 Sq Ft
$132.76 / sqft
Built in 1978Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesOther
FlooringCarpet
Exterior
Lot Size11,440 sqft
Building Information
Year Built1978
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26572600010010000
Lot Number1
SubdivisionSouthgate Manor
Land UseResidential
Legal DescriptionSOUTHGATE MANOR 5 BLK 1 LOT 1 INT202000167631 DD06252020 CO-DC 5726000100100 1CG57260001
Census Tract018401
Assessed Land Value$45,000
Assessed Improvement Value$222,500
Assessment Year2025
About this property
Show and Sell. Ready to move in. Close to Restaurants, shopping centers and schools. Recently remodeled. Purchase loan, conventional only. It could be (optional) OWNER FINANCE – 20% down.
Investor Tools
$271,000
Estimated Property Value
$161,653Estimated Mortgage Balance
$109,347Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,626 /month
Positive
Cash Flow Estimate:
$542 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,140
$267,500
2025
$45,000
$222,500
$267,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,140
$267,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$182,700
No
First
Jun 25, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,653
$109,347
40%
60%
$1,096/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,096/mo
+$876/mo
8.7%
12.4%