$311,000
NAL Estimated Property Value2006 Putman Way, Garland, TX, 75040
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
Exterior
Lot Size5,442 sqft
Building Information
Year Built1989
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26625000010660000
Lot Number66
SubdivisionVillages Of Valley Creek
Land UseResidential
Legal DescriptionVILLAGES OF VALLEY CREEK 1 BLK 1 LOT 66 INT202300074701 DD04142023 CO-DC 6250000106600 1CG62500001
Census Tract018151
Assessed Land Value$75,000
Assessed Improvement Value$235,000
Assessment Year2025
About this property
Must see!! Beautiful, established neighborhood minutes from George Bush and Firewheel Mall. Renovated Open floor plan with many updates, freshly painted granite counters, and updated bathrooms. Oversized walk-in shower in the primary bathroom. Covered patio and backyard with 9-foot wood fence and enclosed gated parking for extra parking. Multiple offers received Best and final 3-27 at 9:00 am.
Investor Tools
$311,000
Estimated Property Value
$252,822Estimated Mortgage Balance
$58,178Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,537
$310,000
2025
$75,000
$235,000
$310,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,537
$310,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Conventional
$268,000
No
First
Apr 14, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,822
$58,178
18%
81%
$1,607/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,757/mo
+$215/mo
7.6%
