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$233,700

NAL Estimated Property Value

2015 Towngate Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$112.16 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size2,904 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26604500030180000
Lot Number18
SubdivisionTowngate
Land UseResidential
Legal DescriptionTOWNGATE 75 BLK 3 LOT 18 INT202000306603 DD11032020 CO-DC 6045000301800 1CG60450003
Census Tract018401
Assessed Land Value$38,000
Assessed Improvement Value$195,700
Assessment Year2025

About this property

Meticulously updated home awaiting next lucky owner. Updates include fresh painting, carpet, kitchen, baths. Access to club house, swimming pool, play ground, and tennis court. NOTE: 1) listing broker does not work with unrepresented buyer, please contact a buyer's agent to see home. 2) listing broker is related to seller. Living room ceiling fan on special order and will be installed last week of Sept.

Investor Tools

Property Icon
$233,700
Estimated Property Value
$148,600Estimated Mortgage Balance
$85,100Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,402 /month
Positive
Cash Flow Estimate:
$467 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,793
$233,700
2025
$38,000
$195,700
$233,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,793
$233,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$166,250
No
First
Nov 3, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,600
$85,100
36%
64%
$997/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,082/mo
+$890/mo
10.1%

City: Garland

2015 Towngate Drive | Property Details | No Agent List