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$302,700

NAL Estimated Property Value

2526 Patricia Lane, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,492 Sq Ft
price_per_sqft$217.83 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size7,490 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26483500060030000
Lot Number3
SubdivisionRidgecrest Park
Land UseResidential
Legal DescriptionRIDGECREST PARK ESTATES BLK 6 LOT 3 INT202200243632 DD09062022 CO-DC 4835000600300 1CG48350006
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$247,700
Assessment Year2025

About this property

Come check out the recently renovated home with new kitchen cabinets and granite countertops. All bathrooms have been remodeled with nice finishes and new fixtures throughout the home. The see thru fireplace in both the living and dining-kitchen area will set an ambient cozy mood during the chilly season and in the summer you can enjoy the large pool in your very own backyard to cool off and refresh! Situated in a great area of garland, the property is within walking distance to the elementary and middle school with close access to 635 exp. to easily commute around.

Investor Tools

Property Icon
$302,700
Estimated Property Value
$283,280Estimated Mortgage Balance
$19,420Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,513
$302,700
2025
$55,000
$247,700
$302,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,513
$302,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$304,000
No
First
Sep 9, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,280
$19,420
6%
94%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,823/mo
+$149/mo
7.8%

City: Garland

2526 Patricia Lane | Property Details | No Agent List