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$289,900

2003 Peakwood Dr, Garland, TX, 75044

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.02 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringTile

Exterior

Exterior FeaturesAwning(s)
Lot Size4,313 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26421760060170000
Lot Number17
SubdivisionOakridge
Land UseResidential
Legal DescriptionOAKRIDGE 10 BLK 6 LOT 17 INT202400119601 DD06122024 CO-DC 4217600601700 1CG42176006
Census Tract019020
Assessed Land Value$60,000
Assessed Improvement Value$248,760
Assessment Year2025

About this property

INVEST WISELY! **LARGEST FOOTPRINT IN THE AREA!** 3RD BEDROOM EASILY ADDED, and a home office * This home is nestled in an established neighborhood, well maintained and surrounded by beautiful mature trees. Ever heard: location! location! location!? Well this is it! * Your biggest concerns as a buyer have been taken care of... foundation? SOLID! Plumbing, electric, and major systems? CHECK! New luxury vinyl plank flooring and fresh paint throughout, but if you want to add your personal touch to the kitchen, it's an easy place to start with solid wood cabinetry and and neutral backsplash. A coat of paint would completely change this room! * Boasts nearly 2,000 sq ft of space, flooded with natural light and plenty of room for friends and family to spread out. If you'd rather add a bedroom, the expansive secondary living room is easily converted to a third bedroom. * Primary has been expanded to include an oversized walk-in closet and large ensuite bathroom.

Investor Tools

Property Icon
$308,760
Estimated Property Value
$285,154Estimated Mortgage Balance
$19,643Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,853 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,020
$308,760
2025
$60,000
$248,760
$308,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,020
$308,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$285,154
Yes
First
Jun 12, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,117
$19,643
6%
94%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,796/mo
+$354/mo
8.4%

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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2003 Peakwood Dr | Property Details | No Agent List