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$266,000

NAL Estimated Property Value

2618 Scotswood Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.42 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet

Exterior

Lot Size8,231 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26169500130180000
Lot Number18
SubdivisionEnglish
Land UseResidential
Legal DescriptionENGLISH ESTATES 2 BLK 13 LT 18 INT202000313360 DD11102020 CO-DC 1695001301800 1CG16950013
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$190,750
Assessment Year2025

About this property

MULTIPLE OFFERS. Beautiful renovation. NEW Roof, Low E Windows, Electric Panel Box. All new kitchen cabinets, quartz tops, glass backsplash, and stainless appliances. New paint, LED lighting, cfans, flooring. New plugs and switches. All new master bath with walk in shower, vanity, and flooring. Hall bath updated. Large backyard with wood fence. DISCLOSURES IN DOCUMENTS. Seller has NO SURVEY. BUYER EXPENSE IF NEEDED. No FHA offers until OCT 21 due to amount of time seller has owned property.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$189,493Estimated Mortgage Balance
$76,507Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,882
$245,750
2025
$55,000
$190,750
$245,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,882
$245,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$212,000
No
First
Nov 10, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,493
$76,507
28%
71%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,272/mo
+$700/mo
8.9%

City: Garland

2618 Scotswood Drive | Property Details | No Agent List