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$277,390

NAL Estimated Property Value

2202 Forestbrook Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,595 Sq Ft
price_per_sqft$119.12 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCeramic Tile

Exterior

Lot Size11,420 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces1

Land Information

APN26105820040960000
Lot Number96
SubdivisionCountry Brook
Land UseResidential
Legal DescriptionCOUNTRY BROOK 3 BLK 4 LT 96 INT202100077255 DD03152021 CO-DC 1058200409600 1CG10582004
Census Tract018120
Assessed Land Value$55,000
Assessed Improvement Value$222,390
Assessment Year2025

About this property

AWESOME Potential in this 3-2.1 in the Country Brook Addition of Garland. Vaulted ceilings, plenty of space and mature trees highlight this home. Plenty of possibility with this home in need of some elboy grease. Converted garage is a good living. Come and see this one quick, won't last long at all!

Investor Tools

Property Icon
$277,390
Estimated Property Value
$169,822Estimated Mortgage Balance
$107,568Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,307
$277,390
2025
$55,000
$222,390
$277,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,307
$277,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$188,491
Yes
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,822
$107,568
38%
61%
$1,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,131/mo
+$841/mo
8.5%

City: Garland

2202 Forestbrook Drive | Property Details | No Agent List