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$523,000

NAL Estimated Property Value

2602 Westbank Trl, Garland, TX, 75042

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,662 Sq Ft
price_per_sqft$197.22 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size4,528 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26628160110120000
Lot Number12
SubdivisionRiverset
Land UseResidential
Legal DescriptionRIVERSET PH 1 BLK 11 LT 12 INT202300142245 DD07102023 CO-DC 6281601101200 1CG62816011
Census Tract019047
Assessed Land Value$100,000
Assessed Improvement Value$417,600
Assessment Year2025

About this property

Must see!! Open floor plan 4-bedroom home in the highly sought-after Riverset neighborhood in Garland! Excellent amenities include a resort-style pool and amenity center, a dog park, walking trails, and a large park in the center of the community with a playground. A charming front porch invites you into lovely interiors featuring two-story ceilings, a neutral color palette, and wood floors. The kitchen is fully equipped and has a large center island with a granite counter, gas stovetop, built-in oven, and more. The primary suite is the sole bedroom on the main level and boasts an ensuite bath with dual sinks, a soaking tub, a separate shower, and a large walk-in closet. The second floor includes a loft and three spacious bedrooms, one with an ensuite and walk-in closet. Outside is a covered patio and a fenced backyard. Close to Duck Creek Golf Club, local schools, and endless dining options.

Investor Tools

Property Icon
$523,000
Estimated Property Value
$436,181Estimated Mortgage Balance
$86,819Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,201/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,795
$517,600
2025
$100,000
$417,600
$517,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,795
$517,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Conventional
$460,000
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,181
$86,819
16%
83%
$2,758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,908/mo
$-336/mo
5.9%

City: Garland

2602 Westbank Trl | Property Details | No Agent List