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$311,880

NAL Estimated Property Value

2109 Homestead Place, Garland, TX, 75044

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.8 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet

Exterior

Lot Size6,900 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26482500060030000
Lot Number3
SubdivisionRichland Meadows
Land UseResidential
Legal DescriptionRICHLAND MEADOWS BLK F LOT 3 INT201900148405 DD06072019 CO-DC 4825000600300 1CG48250006
Census Tract019049
Assessed Land Value$50,000
Assessed Improvement Value$261,880
Assessment Year2025

About this property

Terrific one story family home. The home features 4 bedroom, updated bathrooms, updated windows, cozy wood burning fireplace, oversized utility room, newish carpet, recent paint in and out. Walk to Holford Recreation center for an abundance of outdoor activity including swimming, basketball courts, baseball fields, running track plus more. Easy access to George Bush.

Investor Tools

Property Icon
$311,880
Estimated Property Value
$183,162Estimated Mortgage Balance
$128,718Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,871 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,493
$311,880
2025
$50,000
$261,880
$311,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,493
$311,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$202,900
No
First
Apr 10, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,162
$128,718
41%
59%
$1,217/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$1,217/mo
+$1,593/mo
10.8%

City: Garland

2109 Homestead Place | Property Details | No Agent List