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$290,000

2705 Nova Dr, Garland, TX, 75044

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.08 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringLaminate

Exterior

Lot Size4,320 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26047000020010000
Lot Number1
SubdivisionBrentwood Place
Land UseResidential
Legal DescriptionBRENTWOOD PLACE PH 1 BLK 2 LT 1 INT202200100170 DD04082022 CO-DC 0470000200100 1CG04700002
Census Tract019029
Assessed Land Value$50,000
Assessed Improvement Value$235,670
Assessment Year2025

About this property

Great use of space and location in this 2 bed 2 bath 2 car garage in the great Garland ISD. Laminate Wood floors throughout and updated Kitchen and Bathrooms make this the perfect starter home or rental investment. New HVAC and Water Heater in 2019. Great outdoor area with covered patio and room to expand with small grass area.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$192,000Estimated Mortgage Balance
$112,698Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,438
$285,670
2025
$50,000
$235,670
$285,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,438
$285,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeplus Corp
Conventional
$192,000
No
First
Apr 8, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,302
$112,698
38%
61%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,402/mo
+$308/mo
7.1%

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.

Explore Texas Explore This Area
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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2705 Nova Dr | Property Details | No Agent List