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$296,000

NAL Estimated Property Value

2905 Nova Dr, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.76 / sqft
Year BuiltBuilt in 1972

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, Electric Range
FlooringVinyl

Exterior

Lot Size2,432 sqft

Building Information

Year Built1972
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26613500010120000
Lot Number12R
SubdivisionTwo Worlds Apollo
Land UseResidential
Legal DescriptionTWO WORLDS APOLLO 1 BLK 1 LT 12R INT201700060668 DD03012017 CO-DC 6135000101200 1CG61350001
Census Tract019029
Assessed Land Value$50,000
Assessed Improvement Value$212,440
Assessment Year2025

About this property

Discover a beautifully remodeled 3-bedroom, 2.5-bath, 2-car garage Garland home where modern comfort meets everyday practicality. Nearly every space has been refreshed, making this property truly move-in ready. The kitchen has been thoughtfully updated with a newly installed backsplash, countertops, sink, and faucet — a fresh, functional space designed for cooking, hosting, and daily living. Inside, you’ll appreciate newly installed durable vinyl flooring, updated lighting and ceiling fans, and fresh interior paint that gives every room a bright, clean feel. Both bathrooms have been remodeled with thoughtful finishes, creating inviting, modernized spaces. For added comfort, the AC unit was installed in 2025. The layout feels welcoming and efficient, offering room to relax, work, and gather. Every update has been completed with attention to detail and everyday livability in mind. Located in a quiet, established neighborhood, this home has great curb appeal and convenient access to shopping, dining, parks, schools, and major roads. It’s a compelling opportunity — refreshed style, functional design, and a beautifully updated interior ready for its next owner.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$130,985Estimated Mortgage Balance
$165,015Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$86/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,967
$262,440
2025
$50,000
$212,440
$262,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,967
$262,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hurst Real Estate Inc
Conventional
$146,250
No
First
Dec 7, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,985
$165,015
55%
44%
$877/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$963/mo
+$1,187/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2905 Nova Dr | Property Details | No Agent List