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$290,260

NAL Estimated Property Value

2705 Wembley Dr, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,466 Sq Ft
price_per_sqft$187.52 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Water Heater, Refrigerator
FlooringLaminate

Exterior

Lot Size7,874 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26486500160020000
Lot Number2
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 2 BLK 16 LT 2 INT202300172085 DD08232023 CO-DC 4865001600200 1CG48650016
Census Tract018300
Assessed Land Value$65,000
Assessed Improvement Value$225,260
Assessment Year2025

About this property

Just Listed, Hard To Find 4-2-2, One Story Home with NO HOA! This Updated home is Now Available & Offers - Superb Location for Commuters, Minutes from 635, Great Drive Up Appeal with Mature Trees, Landscape Border, Painted Brick, Black Shutters, & Storm Door. Oversized Family Room includes a Custom Painted Brick Fireplace, New Wood Laminate Floors (No Carpet), Fresh Paint, Crown Molding, Kitchen includes Tile Countertops, Backsplash, Smooth Electric Cooktop including Refrigerator, Private Master Bedroom, Master Bath offers Tile Stand Up Shower, Good Size Backyard with Covered Patio, Detached Two Car Garage with Extended Driveway for Extra Parking, New AC Unit (Inside), Newer Water Heater, Ceiling Fans, Blinds, & the list goes on.

Investor Tools

Property Icon
$290,260
Estimated Property Value
$235,558Estimated Mortgage Balance
$54,702Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,742 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,421
$290,260
2025
$65,000
$225,260
$290,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,421
$290,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$248,000
No
First
Aug 23, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,558
$54,702
18%
81%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,487/mo
+$1,085/mo
10.6%

City: Garland

2705 Wembley Dr | Property Details | No Agent List