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$561,500

NAL Estimated Property Value

2502 Spring Hill Ln, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,631 Sq Ft
price_per_sqft$214.75 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size8,299 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN265799800D0140000
Lot Number14
SubdivisionSpringpark Central
Land UseResidential
Legal DescriptionSPRINGPARK CENTRAL 13 BLK D LOT 14 INT202400167151 DD08152024 CO-DC 5799800D01400 3CG5799800D
Census Tract019031
Assessed Land Value$95,000
Assessed Improvement Value$466,500
Assessment Year2025

About this property

Welcome home! Nestled on a spacious corner lot in the sought after neighborhood of Springpark with 3 bedrooms, 3 bathrooms, and a versatile office or flex 4th bedroom, this home offers a perfect blend of comfort and functionality.Upon entering, you are greeted by tall ceilings that enhance the spacious feel throughout. The main level features a large master suite, providing privacy and great view of the backyard and pool. Upstairs, an additional living area awaits, ideal for relaxation or entertainment. The heart of the home is its well-appointed kitchen, complete with modern appliances and ample storage space. Outside, enjoy the Texas sunshine in your own private oasis with a sparkling pool, offering a refreshing retreat on hot summer days! Located for convenience, this home offers easy access to major highways for seamless commuting.The neighborhood amenities are equally impressive, featuring a clubhouse, community pool, and tennis courts.

Investor Tools

Property Icon
$561,500
Estimated Property Value
$441,124Estimated Mortgage Balance
$120,376Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$1,325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,434
$561,500
2025
$95,000
$466,500
$561,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,434
$561,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$442,400
No
First
Mar 14, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,124
$120,376
21%
79%
$2,653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$3,978/mo
$-1,828/mo
4.6%

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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2502 Spring Hill Ln | Property Details | No Agent List