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$387,510

NAL Estimated Property Value

2914 Forest Park Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.57 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Lot Size7,440 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26086500050060000
Lot Number6
SubdivisionCentury Park
Land UseResidential
Legal DescriptionCENTURY PARK BLK 5 LOT 6 INT201900249227 DD09162019 CO-DC 0865000500600 1CG08650005
Census Tract019027
Assessed Land Value$75,000
Assessed Improvement Value$312,510
Assessment Year2025

About this property

This gorgeous home features: 4 bedrooms (one being the converted garage), 2 full updated bathrooms, a beautiful kitchen with new paint-granite-& appliances, down stairs living room w- updated stone fireplace, downstairs split master w- jack & jill en-suite, upstairs living area perfect for a playroom or gameroom, 2 guest bedrooms & 2nd bathroom also upstairs, a sizable laundry is included in the garage conversion, good size backyard with wood fence & lots of shade from mature tree. The entire interior & exterior of the home has been freshly painted w- all new flooring throughout, & new roof. Buyer & Buyer's agent to confirm all info in listing including, but not limited to: sq ft, taxes, schools, features, etc.

Investor Tools

Property Icon
$387,510
Estimated Property Value
$208,845Estimated Mortgage Balance
$178,665Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,325 /month
Positive
Cash Flow Estimate:
$775 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,408
$387,510
2025
$75,000
$312,510
$387,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,408
$387,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$240,562
Yes
First
Sep 16, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,845
$178,665
46%
54%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,443/mo
+$1,129/mo
8.0%

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 Forest Park Drive | Property Details | No Agent List