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$250,000

2805 Southern Cross Dr, Garland, TX, 75044

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.92 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size2,432 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26613500140170000
Lot Number17R
SubdivisionTwo Worlds Apollo
Land UseResidential
Legal DescriptionTWO WORLDS APOLLO 1 BLK 14 LOT 17R INT202500016371 DD01242025 CO-DC 6135001401700 1CG61350014
Census Tract019029
Assessed Land Value$50,000
Assessed Improvement Value$209,240
Assessment Year2025

About this property

Back on the mark at no fault to the home or sellers, buyer had a cold feet after option period. Its one of a kind rare to find a well loved two story townhome located in the heart of Garland with a low HOA, 2 bedrooms, 2 & half bathrooms, Laminate wood floor through out the house, recently fresh paint, no carpet, Granite Kitchen countertop, Two bedroom and two full bathrooms are located on the second floor, Kitchen, living room, dining room, laundry, half bathroom is located on the first floor with attached two car garage. Roof was replaced November 2024.

Investor Tools

Property Icon
$259,240
Estimated Property Value
$175,000Estimated Mortgage Balance
$88,376Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,555 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
$83/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,694
$259,240
2025
$50,000
$209,240
$259,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,694
$259,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Building Or Construction Loan
$175,000
No
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,864
$88,376
34%
66%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,133/mo
+$577/mo
7.9%

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.

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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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2805 Southern Cross Dr | Property Details | No Agent List