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$310,000

2922 Mars Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.43 / sqft
Year BuiltBuilt in 1983

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 Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,015 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26080820040050000
Lot Number5
SubdivisionCarriagehouse
Land UseResidential
Legal DescriptionCARRIAGEHOUSE ESTATES 6 BLK 4 LT 5 INT202200017378 DD01142022 CO-DC 0808200400500 1CG08082004
Census Tract018152
Assessed Land Value$70,000
Assessed Improvement Value$251,120
Assessment Year2025

About this property

Offer deadline set for Monday Dec 20th at 12pm. Amazing remodel with easy access to Firewheel Mall, dining & PGBT Highway! This 3 bedroom home has been recently remodeled in all rooms! Kitchen includes quartz counters, mother of pearl backsplash, new shaker cabinets, designer lighting, stainless appliances & large bar area with extra seating! Main living area features an open concept floor plan with modern fireplace and wall of windows providing natural lighting! Private master suite with updated bath & dual closets! Guest bath has new tub with subway tile surround, new vanity, flooring & fixtures! Other upgrades include new windows, new HVAC within 5 years, hot water tank.

Investor Tools

Property Icon
$321,120
Estimated Property Value
$175,100Estimated Mortgage Balance
$160,318Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,927 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,687
$321,120
2025
$70,000
$251,120
$321,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,687
$321,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Conventional
$175,100
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,802
$160,318
49%
50%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,050/mo
+$922/mo
7.4%

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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2922 Mars Dr | Property Details | No Agent List