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$180,660

215 E Rio Grande St, Garland, TX, 75041

$201,236 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.18 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Gas Water Heater, Refrigerator
FlooringHardwood, Linoleum

Exterior

Lot Size7,827 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26617500020250000
Lot Number25
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW BLK B LT 25 VOL90190/0117 EX092490 CO-DALLAS 6175000202500 32661750002
Census Tract018206
Assessed Land Value$50,000
Assessed Improvement Value$130,660
Assessment Year2025

About this property

Step into this delightful mid-century built gem that perfectly blends original character with thoughtful maintenance. Owner kept meticulous care of the home and many main components have been updated or replaced over recent years. The heart of the home lies in its charming details, including original hardwood floors that flow throughout the living spaces and bedrooms. Seller giving $2500 buyer concessions for updating kitchen and bathroom floors!! The kitchen features ample solid wood cabinets, large sink, gas stove, and a dining nook. Natural light floods the main living rooms, culminating in a bright, enclosed sunroom that serves as the perfect year-round retreat for morning coffee, reading, or simply enjoying the changing seasons. Recent updates ensure worry-free living with a newer HVAC system providing efficient climate control, a 2022 replaced roof, and updated windows by Andersen that enhance energy efficiency and style. Practical additions like gutters complete the exterior improvements, making this home as functional as it is charming. The true showstopper is the backyard, where colorful flower beds and bushes create a picturesque setting for outdoor entertaining or peaceful relaxation. Whether you're hosting gatherings or seeking a private sanctuary, this outdoor space delivers both beauty and versatility. Practical amenities include a 1-car garage for protected parking and the convenience of built in storage shelves, plus a backyard storage shed. Bring your painting and flooring ideas to finish this one to your personal liking! Located close to shopping, dining, schools, and an easy commute to Dallas. Great starter home, rental property, or downsize from a larger home. Don't miss this rare combination of vintage charm, maintained bigger ticket items, and beautiful outdoor space. Plan your tour today!

Investor Tools

Property Icon
$180,660
Estimated Property Value
$171,496Estimated Mortgage Balance
$10,911Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$201,236
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$653
$180,660
2025
$50,000
$130,660
$180,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$653
$180,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$171,496
No
First
Oct 7, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,749
$10,911
6%
94%
$1,029/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,029/mo
+$536/mo
10.4%

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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215 E Rio Grande St | Property Details | No Agent List