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$282,610

2036 Sherwood Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.99 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Gas Oven
FlooringCarpet, Linoleum

Exterior

Lot Size7,200 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN26660500030290000
Lot Number29
SubdivisionWestchester
Land UseResidential
Legal DescriptionWESTCHESTER ESTATES 2 BLK C LOT 29 INT202400218193 DD10242024 CO-DC 6605000302900 1CG66050003
Census Tract018501
Assessed Land Value$40,000
Assessed Improvement Value$242,610
Assessment Year2025

About this property

Investment opportunity in the heart of Garland! This home is ready for a new owner with vision and resources to renovate. Centrally located with easy commute access to 635, I-30, Hwy 75, and PGBT. Brand new Brightland Homes community across the street from your front yard brings a modern push of development to the area. Priced to sell AS IS.

Investor Tools

Property Icon
$282,610
Estimated Property Value
$251,750Estimated Mortgage Balance
$37,962Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,251
$282,610
2025
$40,000
$242,610
$282,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,251
$282,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$251,750
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,648
$37,962
13%
87%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,510/mo
+$462/mo
8.4%

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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2036 Sherwood Dr | Property Details | No Agent List