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$312,000

2326 Cardinal Ln, Garland, TX, 75042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.06 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesLighting, Storage
Lot Size10,790 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26345500060020000
Lot Number2
SubdivisionMeadowlark
Land UseResidential
Legal DescriptionMEADOWLARK ESTATES 2 BLK F LOT 2 INT202500059151 DD03242025 CO-DC 3455000600200 1CG34550006
Census Tract018600
Assessed Land Value$70,000
Assessed Improvement Value$207,930
Assessment Year2025

About this property

Welcome to this beautifully remodeled mid-century home in Garland, where classic charm meets contemporary updates. With two oversized bedrooms, two spacious living areas, and two dining spaces, this versatile layout offers the potential to easily convert into a third bedroom or a cozy study. Step inside to discover brand new carpet in the front living and dining rooms, elegant tile in the entry and bathrooms, and gorgeous hardwood floors throughout the rest of the home. Freshly painted and thoughtfully designed, the remodeled kitchen boasts sleek black cabinets, a refrigerator, and stainless steel appliances, including a 5-burner gas cooktop, vent hood, built-in oven, and dishwasher are just a few years old. Both full bathrooms have been completely transformed, showcasing luxurious Italian marble in place of the original pink tile. One bathroom features a walk-in shower with frameless glass, while the other offers a convenient tub-shower combination. The oversized two-car garage is a standout, complete with fresh epoxy floors, a laundry area, and a workshop with ample cabinet storage. Enjoy the well-maintained yard, equipped with a sprinkler system, a covered patio, and majestic trees that provide shade and beauty. Additional highlights include a new electric panel and great storage with a pantry, linen closet and storage building. There is a double gate and parking pad in the backyard for boat, trailer or RV, NO HOA. Don’t miss the opportunity to make this charming move in ready Garland home your own!

Investor Tools

Property Icon
$277,930
Estimated Property Value
$105,000Estimated Mortgage Balance
$175,094Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,319
$277,930
2025
$70,000
$207,930
$277,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,319
$277,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$105,000
No
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,836
$175,094
62%
37%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$630/mo
+$1,342/mo
8.5%

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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2326 Cardinal Ln | Property Details | No Agent List