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$340,000

NAL Estimated Property Value

2822 Teakwood Drive, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,496 Sq Ft
price_per_sqft$227.27 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard, Other
Lot Size7,015 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26016500120110000
Lot Number11
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST 3 BLK 12 LT 11 INT202400010664 DD01122024 CO-DC 0165001201100 1CG01650012
Census Tract019028
Assessed Land Value$80,000
Assessed Improvement Value$214,020
Assessment Year2025

About this property

Welcome to 2822 Teakwood Dr, where modern upgrades meet everyday comfort! This fully remodeled home has been thoughtfully updated from top to bottom, offering a fresh, clean feel the moment you walk through the door. Inside, you’ll find a light-filled layout with contemporary finishes, updated flooring, and a refreshed design that creates a warm and inviting atmosphere. The kitchen has been beautifully renovated with new cabinetry, sleek countertops, under cabinet lighting and modern touches, making it a standout space for cooking and gathering. Updates include electrical, HVAC, pool timer, windows, flooring, lighting, doors and trim, appliances, cabinets, the list goes on and on! Each bedroom offers comfort and functionality, while the updated bathrooms feature stylish fixtures, LED mirrors and a clean, modern look. Out back, enjoy your own private escape with a sparkling diving pool, perfect for relaxing, entertaining, or enjoying those hot Texas days. The backyard provides a great balance of space and privacy, making it ideal for both quiet evenings and hosting guests. Situated in an established neighborhood in Garland with convenient access to shopping, dining, and major roadways, this home delivers both style and location. Turnkey, updated, and ready for its next owner—come see all that 2822 Teakwood Dr has to offer! No survey on file, buyer to purchase if desired, measurements and schools should always be confirmed by buyer. Listing agent has vested interest.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$340,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,778
$294,020
2025
$80,000
$214,020
$294,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,778
$294,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
7.6%

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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2822 Teakwood Drive | Property Details | No Agent List