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$256,000

NAL Estimated Property Value

2106 Highwood Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,112 Sq Ft
price_per_sqft$224.73 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringVinyl

Exterior

Lot Size6,867 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26263550020060000
Lot Number6
SubdivisionHigh Meadows
Land UseResidential
Legal DescriptionHIGH MEADOWS BLK 2 LT 6 INT202300194203 DD08232023 CO-DC 2635500200600 1CG26355002
Census Tract018205
Assessed Land Value$70,000
Assessed Improvement Value$161,050
Assessment Year2025

About this property

This is a property that's been loved & maintained unlike any other. The current owner, who is the second owner of the home throughout its existence, is in possession of every single document one could ever wish for when purchasing a home: documentation & warranties for window replacement, for foundation work, for HVAC & condenser replacement, for attic insulation, for privacy fence, alley gate, & carport construction, for the new water heater... there's no stone left unturned here at this beautiful Garland bungalow. With vaulted ceilings & a lovely fireplace & hearth that greet you when walking through the front door, this home is perfectly proportioned for a comfortable life within & plenty of space outside, with a divided backyard enclosed by a beautiful privacy fence & rolling back gate; the cars can be secured where the cars belong and yet there's still tons of room to frolic & play in the green space behind. We're confident you'll love this centrally located home. Come see!

Investor Tools

Property Icon
$256,000
Estimated Property Value
$215,760Estimated Mortgage Balance
$40,240Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,253
$231,050
2025
$70,000
$161,050
$231,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,253
$231,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$227,156
Yes
First
Aug 23, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,760
$40,240
15%
84%
$1,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,362/mo
+$610/mo
9.2%

City: Garland

2106 Highwood Dr | Property Details | No Agent List