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$318,000

2122 Lansdowne Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,485 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.14 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,800 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26057500050060000
Lot Number6
SubdivisionBuckingham North
Land UseResidential
Legal DescriptionBUCKINGHAM NORTH ESTATES BLK 5 LT 6 INT202200231240 DD08252022 CO-DC 0575000500600 1CG05750005
Census Tract019026
Assessed Land Value$60,000
Assessed Improvement Value$240,790
Assessment Year2025

About this property

Beautiful single story family home is located in highly desirable Buckingham North Estates. Upon entrance, you are warmly greeted by custom plantation shutters, hardwood floors, fresh paint, and a bright and open floor plan seamlessly flowing into a galley kitchen. Meticulous attention to detail is presented in the kitchen with granite counter tops and stainless steel appliances. The home has been well maintained and sits on a corner lot with a back alley entrance, a spacious backyard, framed with trees to shade and offers plenty of room for entrainment.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$0Estimated Mortgage Balance
$7,693Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,403
$300,790
2025
$60,000
$240,790
$300,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,403
$300,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Va
$325,000
Yes
First
Aug 25, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,307
$7,693
2%
98%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,949/mo
+$23/mo
7.6%

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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2122 Lansdowne Drive | Property Details | No Agent List