$280,780
NAL Estimated Property Value2609 Shalimar Drive, Garland, TX, 75040
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile
Exterior
Lot Size4,050 sqft
Building Information
Year Built1985
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26514300010320000
Lot Number32
SubdivisionShalain Village
Land UseResidential
Legal DescriptionSHALAIN VILLAGE BLK 1 LOT 32 INT202100197656 DD06112021 CO-DC 5143000103200 1CG51430001
Census Tract018152
Assessed Land Value$60,000
Assessed Improvement Value$220,780
Assessment Year2025
Investor Tools
$280,780
Estimated Property Value
$166,747Estimated Mortgage Balance
$114,033Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,685 /month
Positive
Cash Flow Estimate:
$562 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,718
$280,780
2025
$60,000
$220,780
$280,780
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,718
$280,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$184,000
No
First
Jun 11, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,747
$114,033
40%
59%
$1,104/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,104/mo
+$868/mo
8.4%
