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$249,990

2030 Towngate Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,558 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$160.46 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size2,760 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26604500040320000
Lot Number32
SubdivisionTowngate
Land UseResidential
Legal DescriptionTOWNGATE 75 BLK 4 LOT 32 INT202300076460 DD04192023 CO-DC 6045000403200 1CG60450004
Census Tract018401
Assessed Land Value$40,000
Assessed Improvement Value$205,170
Assessment Year2025

About this property

HOME IS ELIGIBLE FOR DOWNPAYMENT ASSISTANCE AND UP TO $7500 FOR CLOSING COST WITH PREFERRED LENDER. Please ask listing agent for details. Welcome to Towngate Community, a quaint and robust neighborhood filled with all that you need. Conveniently located seconds from 635, the Dallas Metroplex is at your fingertips! Don’t feel like driving, there are a multitude of restaurants and bars within walking distance to enjoy. Get active at nearby White Rock Lake or take advantage of the new Boneyard skatepark, the second largest in Texas. The low HOA covers yard maintenance, access to the community pool, park, and tennis court. Recent updates include, updated countertops, complete interior paint job, updated flooring, along with fans and light fixtures. Schedule your tour today!

Investor Tools

Property Icon
$245,170
Estimated Property Value
$239,590Estimated Mortgage Balance
$19,149Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
$89/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,402
$245,170
2025
$40,000
$205,170
$245,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,402
$245,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$239,590
No
First
Apr 19, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,021
$19,149
7%
92%
$1,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,526/mo
+$446/mo
9.7%

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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2030 Towngate Dr | Property Details | No Agent List