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$270,030

NAL Estimated Property Value

302 W Carolyn Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.99 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Gas Range
FlooringCeramic Tile, Concrete, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,240 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26485500050100000
Lot Number10
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 1 BLK 5 LT 10 INT202000079772 DD03192020 CO-DC 4855000501000 1CG48550005
Census Tract018300
Assessed Land Value$65,000
Assessed Improvement Value$205,030
Assessment Year2025

About this property

Perfect home for someone that wants to buy a home in a quiet affordable neighborhood that is looking to do some upgrading, but not a total remodel. This home has hardwood floors, granite counter tops, a kitchen that is open to the dining area, and uses its space very efficiently. The lot has beautiful trees, a paved back patio where you can entertain, and a workshop that has a covered parking spot for an extra vehicle. The bonus room in back is great for a man cave or extra space to make your own, very versatile. This house has a lot to offer and is in a great area. The home does need some repairs and is being sold as-is. Investors looking for a buy & hold and looking to put in some TLC are welcome.

Investor Tools

Property Icon
$270,030
Estimated Property Value
$0Estimated Mortgage Balance
$270,030Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,902
$270,030
2025
$65,000
$205,030
$270,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,902
$270,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$270,030
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.8%

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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302 W Carolyn Drive | Property Details | No Agent List