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$269,900

2005 Town Pl, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,770 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$152.49 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Tennis Court(s)

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26604500040150000
SubdivisionTowngate
Land UseResidential
Legal DescriptionTOWNGATE 75 BLK 4 LOT 15 INT201700221682 DD07032017 CO-DC 6045000401500 1CG60450004
Census Tract018401
Assessment Year2025

About this property

Here's a chance to own one of the nicest and best maintained townhomes in the area. Full of quality improvements and maximized use of the 1770 sf throughout, there are 3 living areas, 3 bedrms, 2 full baths up and a half bath down. The rear covered patio and courtyard are stunning. You will savor the privacy and custom design, featuring quality TREX decking, and all the stained cedar siding, pergola and patio covering. There is even a hot tub that can be available as well. The development has a clubhouse, 3 pools and a tennis court for your enjoyment. Front yard maintenance is also included in the $93 monthly HOA fee. The Primary bedroom has a vaulted ceiling, updated shower and great closet space. The other 2 bedrms have an open wall between them and is being used as a expanded bedrm and living area and can easily be converted back to 2 separate bedrooms. And to top it off, there is a loft office or exercise area that is full of natural light. This value is amazing, hurry, don't wait!

Investor Tools

Property Icon
$265,900
Estimated Property Value
$261,083Estimated Mortgage Balance
$12,583Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
$93/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,880
$265,900
2025
N/A
N/A
$265,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,880
$265,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$261,083
Yes
First
Sep 12, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,317
$12,583
4%
95%
$1,566/mo

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 Town Pl | Property Details | No Agent List