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$885,000

NAL Estimated Property Value

3001 N Spring Court, Garland, TX, 75044

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.87 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony, Dock, Rain Gutters
Lot Size12,800 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26579780030060000
Lot Number6
SubdivisionSpringpark Central
Land UseResidential
Legal DescriptionSPRINGPARK CENTRAL 7 BLK 3 LOT 6 INT202200107484 DD04152022 CO-DC 5797800300600 3CG57978003
Census Tract019031
Assessed Land Value$260,000
Assessed Improvement Value$625,000
Assessment Year2025

About this property

This beautiful two story home on a waterfront cul-de-sac lot has stunning lake views from EVERY bedroom and throughout the house! Plenty of windows provide an abundance of natural light and views. Home has 4 bedrooms, 4 bathrooms, with an additional office downstairs and an upstairs game room or second living area with a wet bar and mini fridge. The covered, screened-in patio downstairs and second story newer balcony patio are great for peaceful morning lake views or entertaining! Deck access from all bedrooms upstairs. large yard for pool or playing with kids and pets. Extra flex room off back of garage, not included in the square footage. Is air conditioned. Would be great as an workout room, craft room, or storage. HOA includes full use of Tennis courts and Pool and workout facility. 50 year hail and wind resistant Decra steel composite roof. This home is full of charm and beautiful scenery!

Investor Tools

Property Icon
$885,000
Estimated Property Value
$716,594Estimated Mortgage Balance
$168,406Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,310 /month
Positive
Cash Flow Estimate:
$1,770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,847/month
$1,030/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,739
$885,000
2025
$260,000
$625,000
$885,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,739
$885,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$776,000
No
First
Apr 15, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$716,594
$168,406
19%
81%
$4,653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$5,683/mo
$-2,873/mo
3.8%

City: Garland

3001 N Spring Court | Property Details | No Agent List