Last 24 Hours
$295,150
NAL Estimated Property Value2802 Lakewood Drive, Garland, TX, 75042
Off Market
3 Beds
2 Bath
1,692 Sq Ft
Single Family Residence
$129.37 / sqft
Built in 1958Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Heating Central
CoolingAppliancesDishwasher, Gas Cooktop
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesStorage
Lot Size7,875 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Land Information
APN26665500090340000
Lot Number34
SubdivisionWestern Heights
Land UseResidential
Legal DescriptionWESTERN HEIGHTS BLK 9 LT 34 INT202000021219 DD01152020 CO-DC 6655000903400 1CG66550009
Census Tract019046
Assessed Land Value$50,000
Assessed Improvement Value$245,150
Assessment Year2025
About this property
Must See, Renovated, new paint, ceramic tile, new carpet, granite counters in kitchen. Large 2nd living area. Huge back yard.
Investor Tools
$295,150
Estimated Property Value
$179,974Estimated Mortgage Balance
$115,176Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,771 /month
Positive
Cash Flow Estimate:
$590 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,711
$295,150
2025
$50,000
$245,150
$295,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,711
$295,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Mortgage & Lending
Conventional
$204,250
No
First
Apr 14, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,974
$115,176
39%
61%
$1,225/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,225/mo
+$1,347/mo
10.5%
12.4%