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$299,370

NAL Estimated Property Value

2117 Peggy Lane, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.4 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven
FlooringLaminate, Wood

Exterior

Lot Size7,020 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26672500030030000
Lot Number3
SubdivisionWestwood
Land UseResidential
Legal DescriptionWESTWOOD 1 BLK 3 LOT 3 INT202500132586 DD06072025 CO-DC 6725000300300 1CG67250003
Census Tract018900
Assessed Land Value$60,000
Assessed Improvement Value$239,370
Assessment Year2025

About this property

MULTI OFFERS RECEIVED. SHOWING WILL CONTINUE ONLY UNTIL TUES 12 NOON. BEST AND FINAL OFFER DUE BY 5PM TUESDAY. Classic Design meets Old Charm! You might just fall in Love once you've viewed this Classic 3 Bedroom 2 Bath 2 Living area Home! Nice Sized Living Area opens up to the Dining and Kitchen with Pantry. One step and you're in the Huge Second Living Area! Original wood floors throughout! Step outside and you'll see the covered patio overlooking your lovely treed backyard! This home features an attached 2 Car garage in the front but also a 1 and one half Garage-Workshop out back! Second Garage also has attic storage available. Oh and don't miss the 2 Car Carport as well! Rear gated access for extra parking! Ceiling fans throughout! Sprinkler System! Huge Walk in Hall Closet! Very solid home with several WoWs but does need some updating.

Investor Tools

Property Icon
$299,370
Estimated Property Value
$193,935Estimated Mortgage Balance
$105,435Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,796 /month
Positive
Cash Flow Estimate:
$599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,995
$299,370
2025
$60,000
$239,370
$299,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,995
$299,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$208,120
No
First
Sep 9, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,935
$105,435
35%
65%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,248/mo
+$724/mo
7.9%

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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2117 Peggy Lane | Property Details | No Agent List