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$255,070

207 Cole Street, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.88 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringCarpet, Laminate

Exterior

Lot Size4,715 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26512640120420000
Lot Number42
SubdivisionSchreiber
Land UseResidential
Legal DescriptionSCHREIBER ESTATES 2 BLK 12 LOT 42 INT202200079175 DD02152022 CO-DC 5126401204200 1CG51264012
Census Tract019026
Assessed Land Value$65,000
Assessed Improvement Value$190,070
Assessment Year2025

About this property

Beautiful HalfDuplex on an interior lot with 3 bedrooms, 2 bathrooms, a living, dining and 2 car spaces on the rear. Home has been remodeled with granite countertops in the kitchen and bathrooms, laminate wood floors and carpet with black appliances in the kitchen.

Investor Tools

Property Icon
$255,070
Estimated Property Value
$0Estimated Mortgage Balance
$79,892Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,800
$255,070
2025
$65,000
$190,070
$255,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,800
$255,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$190,400
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,178
$79,892
31%
69%
$1,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,142/mo
+$830/mo
9.3%

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.

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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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207 Cole Street | Property Details | No Agent List