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B+
NoAgentList RatingHow are grades calculated? Info

$285,000

1826 Palo Duro Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.97 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Pre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size7,200 sqft

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN26404520060470000
Lot Number47
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 10 BLK 6 LOT 47 INT202500117464 DD06042025 CO-DC 4045200604700 1CG40452006
Census Tract018121
Assessed Land Value$55,000
Assessed Improvement Value$240,400
Assessment Year2025

About this property

Don't let the word foreclosure fool you, this house is a gem and is ready for its next owner. Come see the great care and pride the homeowner has taken in this 3 bedroom 2 bath home with converted garage. Laminate hardwood floors throughout and wood ceilings are eye-catching as you walk in the front entry. The eat-in kitchen is cozy and comfortable. The living room has a fireplace and is a great place to relax. It leads directly into the bonus room, which was created from the converted garage. The bonus room could be used as an office, game room, or extra living space. It contains plenty of built-ins as well as two closets for extra storage. The owner opened up a doorway between the second and third bedrooms, but a door could be added to separate the spaces again. The front patio and back covered patio are comfortable places to enjoy the outdoors. There is a 12 x 16 storage shed with electricity in the backyard. Speaking of electricity...enjoy lower energy bills, especially in the summer, with existing solar panels (not leased). The house is easily accessible to Rowlett Creek Preserve, Rowlett, downtown Garland, Firewheel Mall, shopping, restaurants, and more. Some appliances, furniture, and tools are available for sale. Owner has existing survey.

Investor Tools

Property Icon
$295,400
Estimated Property Value
$0Estimated Mortgage Balance
$295,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,772 /month
Positive
Cash Flow Estimate:
$591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,876
$295,400
2025
$55,000
$240,400
$295,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,876
$295,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,400
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
8.0%

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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1826 Palo Duro Dr | Property Details | No Agent List