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$318,000

NAL Estimated Property Value

2937 Fern Glen Drive, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.53 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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, Gas Water Heater
FlooringCarpet, Ceramic Tile

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26421700150230000
SubdivisionOaks
Land UseResidential
Legal DescriptionOAKS 2 BLK 15 LT 23 INT201900135251 DD05242019 CO-DC 4217001502300 1CG42170015
Census Tract018132
Assessment Year2025

About this property

This is a lovely home on the hill. Inside there is plenty of room for everyone with 2 large and spacious family areas and 2 dining areas. There is plenty of closets and storage too. The backyard is beautifully landscaped with a covered patio and a bright and cheery gazebo. Just imagine a perfect place for relaxing or entertaining.

Investor Tools

Property Icon
$318,000
Estimated Property Value
$177,015Estimated Mortgage Balance
$140,985Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,447
$304,070
2025
N/A
N/A
$304,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,447
$304,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$189,504
Yes
First
May 24, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,015
$140,985
44%
56%
$1,229/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,229/mo
+$743/mo
7.4%

City: Garland

2937 Fern Glen Drive | Property Details | No Agent List