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$271,750

300 W Avenue G, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.8 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Other
FlooringLaminate, Wood

Exterior

Lot Size10,500 sqft

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APN26577500000180000
Lot Number18
SubdivisionSouthland Terrace
Land UseResidential
Legal DescriptionSOUTHLAND TERRACE LOT 18 INT202200242781 DD09072022 CO-DC 5775000001800 1CG57750000
Census Tract018700
Assessed Land Value$60,000
Assessed Improvement Value$211,750
Assessment Year2025

About this property

SOLD AS IS ***** Great Investment opportunity **** MULTIPLE OFFERS SITUATION HIGH THE BEST BY TOMORROW 11AM THANK YOU

Investor Tools

Property Icon
$271,750
Estimated Property Value
$251,831Estimated Mortgage Balance
$37,083Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,631 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,179
$271,750
2025
$60,000
$211,750
$271,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,179
$271,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$251,831
Yes
First
Sep 7, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,667
$37,083
13%
86%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,510/mo
+$462/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.

Explore Texas Explore This Area
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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