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$253,210

NAL Estimated Property Value

2808 Southern Cross Drive, Garland, TX, 75044

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.69 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size2,432 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26613500170050000
Lot Number5
SubdivisionTwo Worlds Apollo
Land UseResidential
Legal DescriptionTWO WORLDS APOLLO 1 BLK 17 LT 5 R INT202400032531 DD02152024 CO-DC 6135001700500 1CG61350017
Census Tract019029
Assessed Land Value$50,000
Assessed Improvement Value$203,210
Assessment Year2025

About this property

**Multiple Offers Received!** Back on market buyer loan fell through! Wonderful home ready for move in! Home is perfect for everyone! Whether you are looking for your first home or downsizing as an empty nester this home is a great fit! Vaulted living room as you enter is open to kitchen and dining. Use the sliding doors to access your yard which has a recently replaced 8ft fence. Can't beat the price and location for this Garland gem! Flooring replaced in living and some other minor repairs taken care of! See it today!

Investor Tools

Property Icon
$253,210
Estimated Property Value
$126,318Estimated Mortgage Balance
$126,892Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,519 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
$80/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,757
$253,210
2025
$50,000
$203,210
$253,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,757
$253,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$128,000
Yes
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,318
$126,892
50%
50%
$768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$848/mo
+$862/mo
8.1%

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.

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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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2808 Southern Cross Drive | Property Details | No Agent List