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$296,000

NAL Estimated Property Value

1909 Northwood Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.15 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Refrigerator
FlooringCarpet, Concrete

Exterior

Exterior FeaturesPrivate Entrance, Private Yard, Storage
Lot Size11,232 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26134500020100000
Lot Number10
SubdivisionDebonair
Land UseResidential
Legal DescriptionDEBONAIR BLK 2 LT 10 INT202400152041 DD07192024 CO-DC 1345000201000 1CG13450002
Census Tract018801
Assessed Land Value$65,000
Assessed Improvement Value$179,220
Assessment Year2025

About this property

*** Seller Finance Only & Easy Qualify with the Seller *** Welcome to your dream home in Garland, TX (with a NEW ROOF as of 6.3.24)! This spacious 3-bedroom, 2-bathroom residence offers versatile living with a converted garage (Seller can easily convert the 2nd living room, back into a garage if the buyer would like) that serves as a second living room or entertainment space. Enjoy the airy living room filled with natural light. Retreat to the master suite, complete with an ensuite bathroom. Step outside to a private back patio, perfect for outdoor dining and gatherings. The expansive backyard includes 3 sheds (2 of which can be used as a workshop ideal for storage, hobbies, or projects and has Electricity connected). Located in a friendly neighborhood with easy access to top-rated schools, parks, and shopping, this home provides the perfect blend of comfort and convenience. Don't miss this unique opportunity to own a versatile and beautifully maintained property.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$282,413Estimated Mortgage Balance
$13,587Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$906
$244,220
2025
$65,000
$179,220
$244,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$906
$244,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Billy O Carter
Seller Carryback / Seller Financing / Seller Take-Back
$292,000
No
First
Jul 19, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,413
$13,587
4%
95%
$1,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,751/mo
$-186/mo
6.3%

City: Garland

1909 Northwood Dr | Property Details | No Agent List