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B+
NoAgentList RatingHow are grades calculated? Info

$165,000

209 Edgefield Drive, Garland, TX, 75040

$180,869 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.51 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator
FlooringWood

Exterior

Lot Size9,240 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26577500000370000
Lot Number37
SubdivisionSouthland Terrace
Land UseResidential
Legal DescriptionSOUTHLAND TERRACE LT 37 INT201900336336 DD12122019 CO-DC 5775000003700 1CG57750000
Census Tract018700
Assessed Land Value$60,000
Assessed Improvement Value$201,420
Assessment Year2025

About this property

Charming and remodeled home on a large lot! Kitchen has a great flow and all appliances are included. Recent remodeling includes: newer AC, water heater, roof (1 year old), electrical and oversized concrete driveway. Original hardwood floors in part of the home too! This location is close to downtown Garland!

Investor Tools

Property Icon
$261,420
Estimated Property Value
$0Estimated Mortgage Balance
$128,608Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$180,868
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,569 /month
Positive
Cash Flow Estimate:
$523 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,366
$261,420
2025
$60,000
$201,420
$261,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,366
$261,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$152,000
No
First
Dec 12, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,812
$128,608
49%
51%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$912/mo
+$1,060/mo
9.1%

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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