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$254,000

2044 Sherwood Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.64 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan

Exterior

Exterior FeaturesFire Pit, Outdoor Grill, Outdoor Kitchen, Storage
Lot Size7,200 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26660500030310000
Lot Number31
SubdivisionWestchester
Land UseResidential
Legal DescriptionWESTCHESTER ESTATES 2 BLK C LT 31 INT202000336509 DD12302020 CO-DC 6605000303100 1CG66050003
Census Tract018501
Assessed Land Value$40,000
Assessed Improvement Value$180,550
Assessment Year2025

About this property

Discover this charming 3-bedroom, 2-bath home featuring paid-off solar panels for energy efficiency and savings. Enjoy outdoor entertaining with a custom grill area perfect for gatherings. This property also includes a fully equipped guest house with its own kitchen, bathroom, and living room—ideal for visitors, in-laws, or rental income. A rare find with both comfort and functionality!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$185,897Estimated Mortgage Balance
$87,506Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,705
$220,550
2025
$40,000
$180,550
$220,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,705
$220,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$185,897
No
First
Dec 1, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,494
$87,506
34%
66%
$1,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,115/mo
+$857/mo
9.3%

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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2044 Sherwood Dr | Property Details | No Agent List