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$227,000

NAL Estimated Property Value

204 N Templeton St, Garrett, TX, 75119

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,385 Sq Ft
price_per_sqft$162.45 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Refrigerator, Tankless Water Heater

Exterior

Lot Size5,271 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN35.2001.010.012.00.103
SubdivisionO T Garrett-Rev
Land UseResidential
Legal Description12-13 & PT ALLEY 10 O T GARRETT 0.121 ACRES
Census Tract061402
Assessed Land Value$60,500
Assessed Improvement Value$141,698
Assessment Year2025

About this property

Looking for a remodeled home under 250k? THIS IS IT! Fully remodeled home for a good price! Living room has multiple nice, oversized windows to make a cozy living room with the whole family. This is also on a corner lot with plenty of room for pets. Also conveniently located only 30 minutes from central Dallas and 3 minutes from access to I45! Ready for an affordable home to call yours? Schedule a showing today!

Investor Tools

Property Icon
$227,000
Estimated Property Value
$118,929Estimated Mortgage Balance
$108,071Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,270
$202,198
2025
$60,500
$141,698
$202,198
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,270
$202,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$125,000
No
First
Sep 5, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,929
$108,071
47%
52%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$750/mo
+$1,222/mo
10.4%

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: Garrett

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