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$349,800

NAL Estimated Property Value

250 E Bancroft Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,663 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringVinyl

Exterior

Lot Size7,245 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26512660060130000
Lot Number13
SubdivisionSchreiber
Land UseResidential
Legal DescriptionSCHREIBER ESTATES 3 BLK 6 LOT 13 INT202500130470 DD06202025 CO-DC 5126600601300 1CG51266006
Census Tract019025
Assessed Land Value$70,000
Assessed Improvement Value$279,800
Assessment Year2025

About this property

Step inside this beautifully updated home where comfort meets long-term value! From the moment you walk in, you’ll notice the brand new luxury vinyl wide plank floors and fresh 2025 interior paint creating a modern, move-in ready feel. Enjoy peace of mind with a 50-gallon Rheem Marathon electric hot water heater that offers a true lifetime warranty and never needs replacing like traditional units. The whole-home RainSoft QRS Water Purification System delivers top-quality water to every tap and even comes with a lifetime supply of eco-friendly dishwasher, laundry, and hand soaps. The kitchen is a beauty with granite countertops, stainless steel appliances, soft-close custom cabinets, under-cabinet lighting, and a large basin sink. Step outside to a spacious patio with two brand new ceiling fans and a built-in misting system, just in time for the Texas summer! Additional highlights include: • Energy-efficient vinyl double-paned windows • A whisper-quiet Chamberlain garage door opener • Dual primary bedroom closets • A wood-burning fireplace for cozy nights • Recently inspected 5-year-old roof with architectural shingles • Fully automatic Rain Bird sprinkler system with drip lines and rain sensor • Carrier 16 SEER HVAC system with warranty coverage through 2027 • Freshly power-washed and stained 8-foot privacy fence This home has it ALL from smart upgrades, long-lasting systems, and stylish finishes.

Investor Tools

Property Icon
$349,800
Estimated Property Value
$275,488Estimated Mortgage Balance
$74,312Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,961
$349,800
2025
$70,000
$279,800
$349,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,961
$349,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$280,000
No
First
Jun 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,488
$74,312
21%
79%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,679/mo
+$293/mo
6.8%

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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250 E Bancroft Dr | Property Details | No Agent List