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$325,000

2005 Gemini Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.13 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Concrete, Laminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,125 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26585500160060000
Lot Number6
SubdivisionStar
Land UseResidential
Legal DescriptionSTAR CREST ESTATES 5 BLK 16 LOT 6 INT202300131709 DD07032023 CO-DC 5855001600600 1CG58550016
Census Tract018152
Assessed Land Value$70,000
Assessed Improvement Value$264,630
Assessment Year2025

About this property

BACK ON THE MARKET! This lovely home has been refreshed, revived & remodeled! The entrance opens to a living space that can easily serve as an office w-custom decorative shelf. The den area w-fireplace is located off of a totally remodeled kitchen featuring 42 in. cabinets w-soft closure drawers, decorative backsplash, granite countertops & 2 pantries. Additional storage area is next to spacious laundry area. A bonus room can be used as a flex, game or craft room. Remodeled master & guest baths w-decorative vanities, beautiful tile work & updated details. The home is freshly painted from floor to ceiling, new carpet in various rooms, wood floors, & recessed lighting. Spacious master BR w-2 bath areas & looks out to a beautiful backyard w-sparkling above ground pool w-deck, covered patio, storage shed & grass areas. Surrounded by board on board 8 ft fence w-10 ft brick wall towards back of yard. Located close to main highways, shopping, & dining.

Investor Tools

Property Icon
$334,630
Estimated Property Value
$324,022Estimated Mortgage Balance
$27,386Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,008 /month
Positive
Cash Flow Estimate:
$669 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,609
$334,630
2025
$70,000
$264,630
$334,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,609
$334,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$324,022
Yes
First
Jul 3, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,244
$27,386
8%
92%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,943/mo
+$629/mo
9.2%

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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2005 Gemini Dr | Property Details | No Agent List