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$255,000

NAL Estimated Property Value

201 E Wanda Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.19 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringHardwood

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26127500010130000
SubdivisionCumberland Lake
Land UseResidential
Legal DescriptionCUMBERLAND LAKE BLK 1 LT 13 INT202400046020 DD03042024 CO-DC 1275000101300 1CG12750001
Census Tract018204
Assessment Year2025

About this property

Back on the Market. Please show clients before submitting an offer. Investor Special, Great Flip opportunity. Cash only or Hard Money This is a FOUR BEDROOM 2 FULL BATH 1514 SQUARE FEET. Four bedroom homes nicely remodeled are selling between 285k to 300k with similar square feet. Schedule with CSS.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$310,383Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,664
$161,130
2025
N/A
N/A
$161,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,664
$161,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Y&Y Fixing Llc
Purchase Money Mortgage
$323,000
No
First
Mar 4, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,383
N/A
0%
122%
$1,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,937/mo
+$35/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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201 E Wanda Drive | Property Details | No Agent List