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$296,000

2017 Morningside Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.28 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size10,920 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26483500110170000
Lot Number17
SubdivisionRidgecrest Park
Land UseResidential
Legal DescriptionRIDGECREST PARK ESTATES BLK 11 LOT 17 INT202500102135 DD05162025 CO-DC 4835001101700 4CG48350011
Census Tract018501
Assessed Land Value$70,000
Assessed Improvement Value$216,010
Assessment Year2025

About this property

**Deadline for offers is 2-4-24, 6pm, decision will be made at 10am 2-5-24**Great Opportunity to fix and flip or make it your own. Being sold AS-IS, no repairs will be made by seller. Newer roof, newer CA and water heater. Needs a lot of cosmetics. Tree shaded yard, formal living and dining, separate den. This one is in a great location, lots of room for doing the cosmetics, check the comps in the area. Blind offers are not favored, what you see is what you get! Need very short option period. This is an Estate, no seller disclosure or survey available, buyer will need to pay for survey if requested. See transaction desk for required forms when you submit your offer.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,503
$286,010
2025
$70,000
$216,010
$286,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,503
$286,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.0%

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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2017 Morningside Dr | Property Details | No Agent List