$1,925
2056 Old Glory Ln, Heartland, TX, 75126
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size6,970 sqft
Building Information
Year Built2006
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00.1432.0005.0001.00.01.00
Lot Number1
SubdivisionHeartland Tr A Ph 1a
Land UseResidential
Legal DescriptionHEARTLAND TR A PH 1A, BLOCK 5, LOT 1; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$70,000
Assessed Improvement Value$202,800
Assessment Year2025
About this property
Beautiful corner lot in sought after Heartland, just seconds away from one of the best amenity centers in the area! 3 bedrooms (split), 2 full baths, covered back patio and very nice kitchen open to the large living area. Full access to the community pool, basketball courts, park and huge fishing pond with jogging trail surrounding.
Investor Tools
$61,840Estimated Mortgage Balance
$212,187Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,637 /month
Positive
Cash Flow Estimate:
$546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
$210/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,584
$272,800
2025
$70,000
$202,800
$272,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,584
$272,800
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Unknown
$102,832
No
First
Aug 31, 2006
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,840
$210,960
77%
23%
$772/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$982/mo
+$1,578/mo
11.3%
