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$263,150

NAL Estimated Property Value

2216 Proctor St, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.65 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Vented Exhaust Fan

Exterior

Lot Size9,229 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26091500030130000
Lot Number13
SubdivisionClaremont Place
Land UseResidential
Legal DescriptionCLAREMONT PLACE BLK 3 LT 13 INT202400002656 DD01022024 CO-DC 0915000301300 1CG09150003
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$208,150
Assessment Year2025

About this property

Discover comfort and modernity in this fully renovated Garland home. Enjoy every piece of this fully remodeled house offering 4 bedrooms and 2 bathrooms. The home is enhanced with new, top-of-the-line appliances, and features a spacious backyard for outdoor activities. Significant updates include a new HVAC and air ducts for optimal climate control, an updated electrical system with a new panel and wiring for safety, and revamped plumbing with a new line for efficient water flow. Additional upgrades, like a new hot water heater and attic insulation, improve comfort and energy efficiency. This property isn’t just a house; it's a carefully updated haven, ready to welcome you into a vibrant community. Conveniently located close to highways, shopping, restaurants, and schools, this home is one you don't want to miss!

Investor Tools

Property Icon
$263,150
Estimated Property Value
$237,791Estimated Mortgage Balance
$25,359Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,983
$263,150
2025
$55,000
$208,150
$263,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,983
$263,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$242,100
No
First
Jan 2, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,791
$25,359
9%
90%
$1,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,905/mo
$-340/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2216 Proctor St | Property Details | No Agent List