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$125,000

2840 Patricia Lane 104, Garland, TX, 75041

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths872 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$143.35 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator

Exterior

Lot Size2.43 acres

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN261636300K1040000
SubdivisionEnglish
Land UseResidential
Legal DescriptionENGLISH ESTATES 7 BLDG K UNIT 104 CE 2.0% INT202200239041 DD08292022 CO-DC 1636300K10400 32626163630
Census Tract018501
Assessed Land Value$12,720
Assessed Improvement Value$76,170
Assessment Year2025

About this property

This 2-bedroom, 2-bath first-floor end-unit condo offers a practical layout and a convenient location in Garland. Featuring a comfortable living area, functional kitchen with modern appliances, and two full bathrooms, this home is ideal for buyers looking for an affordable option with easy access to everyday conveniences. The end-unit location provides additional privacy and natural light, while the first-floor access adds convenience with no stairs to climb. Located near shopping, dining, and major highways, commuting to Downtown Dallas and surrounding areas is simple and convenient. Whether you're looking for a starter home, investment property, or low-maintenance living, this condo offers great potential at an accessible price point.

Investor Tools

Property Icon
$142,000
Estimated Property Value
$0Estimated Mortgage Balance
$142,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

Interested in this property?

Gracie Vela

Vela Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$99/month
$312/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$475
$88,890
2025
$12,720
$76,170
$88,890
No

Tax History

Year
Tax Paid
Assessed Value
2025
$475
$88,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,000
100%
0%
$0/mo

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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