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$336,960

NAL Estimated Property Value

2914 Bonanza Ln, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,304 Sq Ft
price_per_sqft$233.9 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Gas Range, Dishwasher, Electric Cooktop, Disposal

Exterior

Lot Size7,040 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26061500100300000
Lot Number30
SubdivisionBuckingham South
Land UseResidential
Legal DescriptionBUCKINGHAM SOUTH 3 BLK 10 LOT 30 INT202300177732 DD09012023 CO-DC 0615001003000 1CG06150010
Census Tract019047
Assessed Land Value$80,000
Assessed Improvement Value$256,960
Assessment Year2025

About this property

Fully renovated in July 2023, new luxury viny plank floor throughout the house, new master bathroom, new paint for the whole house, fresh upgraded kitchen with open floorplan concept. Mature landscaping, nice backyard with large tree, 8 ft privacy fence and covered patio Rear entry garage plus 2 car covered carport. Spacious living room with vaulted ceiling, Owner's retreat features an ensuite bath is split from the other bedrooms. Kitchen has a large window above the sink that provides a view of the patio and back yard. Improvements include HVAC 2012, hot-water heater 2012, roof 2014, luxury vinyl flooring 7.2023, master bath upgraded 7.2023, whole house paint 7.2023,2nd Bathroom upgraded in 2021, vinyl siding, storm windows and storm door. Convenient location. Neighborhood schools, restaurants and shopping just 5 minutes away.

Investor Tools

Property Icon
$336,960
Estimated Property Value
$239,761Estimated Mortgage Balance
$97,199Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,662
$336,960
2025
$80,000
$256,960
$336,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,662
$336,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$252,000
No
First
Sep 1, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,761
$97,199
28%
71%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,511/mo
+$461/mo
7.0%

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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2914 Bonanza Ln | Property Details | No Agent List