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$301,000

NAL Estimated Property Value

1834 Lewis Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,707 Sq Ft
price_per_sqft$123.02 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCeramic Tile

Exterior

Lot Size7,910 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26572600050020000
Lot Number2
SubdivisionSouthgate Manor
Land UseResidential
Legal DescriptionSOUTHGATE MANOR 5 BLK 5 LOT 2 INT201900256602 DD09192019 CO-DC 5726000500200 1CG57260005
Census Tract018401
Assessed Land Value$45,000
Assessed Improvement Value$235,340
Assessment Year2025

About this property

REMODELED 3 bedroom 2 bathroom HOME IN GARLAND!!!!! Beautiful house with huge backyard with a contemporary look! Remodeled bathrooms, ceramic flooring, new paint through out the house! This house is ready for its new owners to call home just in time for the holidays. New year new home at a great price!!! Just waiting for YOU!!!! This home wont last long!!! Pictures coming soon!!!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$179,010Estimated Mortgage Balance
$121,990Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,370
$280,340
2025
$45,000
$235,340
$280,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,370
$280,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Fha
$206,196
Yes
First
Sep 19, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,010
$121,990
40%
59%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,237/mo
+$735/mo
7.9%

City: Garland

1834 Lewis Drive | Property Details | No Agent List