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$330,000

2001 Northlake Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.64 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Refrigerator
FlooringVinyl

Exterior

Lot Size11,931 sqft

Building Information

Year Built1973
Stories1
Roof Type105

Land Information

APN26064500070010000
Lot Number1
SubdivisionBuckingham Village
Land UseResidential
Legal DescriptionBUCKINGHAM VILLAGE ESTATES 2 BLK 7 LOT 1 INT202300152006 DD07282023 CO-DC 0645000700100 1CG06450007
Census Tract018152
Assessed Land Value$70,000
Assessed Improvement Value$249,290
Assessment Year2025

About this property

This home sits on a corner lot with mature trees throughout the property. Upon entry, you will notice the woodburning fireplace in the living area where you see the open concept into kitchen that was newly remodeled with all new stainless steel appliances, including gas range, inlaid cabinets with updated hardware and quartz countertops, separate laundry area, both bathrooms have been updated as well. Foundation repair with transferable warranty and the roof is also new. Concrete slab patio ready for summer grilling, spring planting, fall pumpkins and hot cocoa in the winter, all it needs is your comfy patio furniture to enjoy this amazing back yard.

Investor Tools

Property Icon
$319,290
Estimated Property Value
$324,022Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,873
$319,290
2025
$70,000
$249,290
$319,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,873
$319,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$324,022
Yes
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$613,966
N/A
0%
192%
$3,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,886/mo
$-1,914/mo
7.4%

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.

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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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2001 Northlake Dr | Property Details | No Agent List