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$248,690

NAL Estimated Property Value

3005 Holm Drive, Garland, TX, 75041

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.47 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Oven, Gas Range
FlooringCarpet

Exterior

Lot Size8,367 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26091500080250000
Lot Number25
SubdivisionClaremont Place
Land UseResidential
Legal DescriptionCLAREMONT PLACE BLK 8 LT 25 INT202200241754 DD09062022 CO-DC 0915000802500 1CG09150008
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$193,690
Assessment Year2025

About this property

No more offers being accepted. Cute two-bedroom one-bath home in great south Garland location, near shopping and public transportation. Roof has been replaced, Garage floor and driveway has been replaced, Water heater replaced, AC moved to attic. Its ready for a new first-time homeowner. First Time Home buyers only and 80% or below median income, ONLY. NO Investors, NO Cash Buyers. Must submit pre-approval letter from a Third-Party lender and be ready for a quick close. Offers will be reviewed on a first come basis. This is NOT a random drawing offering.

Investor Tools

Property Icon
$248,690
Estimated Property Value
$101,931Estimated Mortgage Balance
$146,759Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,492 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,064
$248,690
2025
$55,000
$193,690
$248,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,064
$248,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Of Garland
Stand Alone First / Home Equity First Lien
$10,000
No
First
Sep 6, 2022
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,931
$146,759
59%
41%
$656/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$656/mo
+$909/mo
7.6%

City: Garland

3005 Holm Drive | Property Details | No Agent List