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$272,000

NAL Estimated Property Value

202 E Chico Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.12 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size7,200 sqft

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APN26048500080080000
Lot Number8
SubdivisionBroadway Terrace
Land UseResidential
Legal DescriptionBROADWAY TERRACE BLK 8 LT 8 INT202500098683 DD05132025 CO-DC 0485000800800 1CG04850008
Census Tract018206
Assessed Land Value$65,000
Assessed Improvement Value$183,360
Assessment Year2025

About this property

Welcome home to a beautifully updated, move-in ready home nestled in a friendly neighborhood served by Garland ISD Choice Schools. With no HOA, this property combines modern comfort, style, and convenience. From the moment you arrive, the home’s inviting curb appeal stands out with its manicured lawn and cedar-accented front porch. Inside, you’ll find a bright, open concept living room that flows seamlessly into a dream kitchen that features an island, stainless steel appliances, soft-close shaker cabinets, quartz countertops with an elegant backsplash, and a picture-perfect view of the backyard. Just off to the right of main living area, a versatile bonus room offers flexible space for a dining area or an additional family room, complete with a cozy fireplace. The primary suite is a true retreat, featuring a walk-in closet and a spa-inspired ensuite bathroom with sleek finishes and a modern, luxurious feel. On the opposite side of the home are two generously sized bedrooms — perfect for family, guests, or a home office — along with a stylishly updated full bath. A dedicated laundry room with stackable washer and dryer connections and a tankless water heater adds even more convenience. Step outside to enjoy the oversized fenced backyard, perfect for gatherings, relaxation, and play. The yard includes a bonus storage shed and a concrete slab ready to help launch your backyard transformation. Located just minutes from Duck Creek Park and major highways 635, I-30 and George Bush Turnpike, this home offers the perfect blend of comfort, style, and convenience. 2025 top to bottom rehab also includes updates to roof (25 year shingles), PVC plumbing, HVAC and ductwork, insulation, windows, blinds, doors, modern fixtures, LED, recessed and decorative lighting, ceiling fans, exterior and interior paint, and more! Plus, it comes with a lifetime transferable foundation warranty for peace of mind! Don’t wait — schedule your showing today and bring all offers.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$264,033Estimated Mortgage Balance
$7,967Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,961
$248,360
2025
$65,000
$183,360
$248,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,961
$248,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$266,750
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,033
$7,967
2%
97%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,600/mo
+$372/mo
8.7%

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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202 E Chico Dr | Property Details | No Agent List