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$244,920

NAL Estimated Property Value

2012 Skillman Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,205 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.62 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Gas Cooktop, Gas Range, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size10,996 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26347500050040000
Lot Number4
SubdivisionMiller Heights
Land UseResidential
Legal DescriptionMILLER HEIGHTS BLK E LOT 4 INT202400092360 DD05062024 CO-DC 3475000500400 1CG34750005
Census Tract018300
Assessed Land Value$45,000
Assessed Improvement Value$199,920
Assessment Year2025

About this property

Welcome home to this inviting quaint cottage in the peaceful subdivision of Miller Heights. This home sits on a large quarter acre lot with Daughtery Elementary school right behind it! That's right the kids can go to school exiting the back yard gate to school! This home provides 3 bedrooms and 2 full bathrooms plus 2 storages in the back yard. The home has recently undergone many updates which included 2022 roof, PVC plumbing from under the home to the city line 2023, Tankless water heater 2023, foundation 2024 with lifetime warranty, and of course that completely redone bathroom and washroom! The home has recently been painted and is move in ready! With all major items updated in the past few years you will have minimum home maintenance for years to come. Don't miss your opportunity to own this lovely peace of real estate in a nice community minutes away from local shopping, schools, major highways.This home qualifies for a $6500 buyer incentive with Guild Mortgage!

Investor Tools

Property Icon
$244,920
Estimated Property Value
$221,253Estimated Mortgage Balance
$23,667Estimated Equity
9% 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
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,569
$244,920
2025
$45,000
$199,920
$244,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,569
$244,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$229,500
No
First
May 6, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,253
$23,667
9%
90%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,376/mo
+$189/mo
7.7%

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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2012 Skillman Dr | Property Details | No Agent List