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$235,850

NAL Estimated Property Value

232 Casalita Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.49 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size7,652 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26502500040250000
Lot Number25
SubdivisionRouth Terrace
Land UseResidential
Legal DescriptionROUTH TERRACE BLK D LT 25 INT202300104540 DD05252023 CO-DC 5025000402500 1CG50250004
Census Tract018204
Assessed Land Value$60,000
Assessed Improvement Value$175,850
Assessment Year2025

About this property

Charming, remodeled 3-bedroom, 1-bath home in Garland, TX, available for sale with owner financing! This delightful 1,028 sqft gem is perfect for first-time homebuyers seeking a move-in ready, low-maintenance property. The house boasts a tastefully updated interior, offering a fresh, modern feel while retaining its original charm. Enjoy the ease of single-story living, with a functional layout and ample natural light throughout. The spacious backyard provides a serene retreat for relaxation and outdoor entertaining. Don't miss this unique opportunity to own a beautiful home in a thriving community with a flexible financing option. Welcome to your new dream home in Garland!

Investor Tools

Property Icon
$235,850
Estimated Property Value
$203,267Estimated Mortgage Balance
$32,583Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,898
$235,850
2025
$60,000
$175,850
$235,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,898
$235,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Davenport Investment Group Llc
Purchase Money Mortgage
$215,100
No
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,267
$32,583
13%
86%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,290/mo
+$682/mo
10.0%

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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232 Casalita Dr | Property Details | No Agent List