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$361,220

NAL Estimated Property Value

305 Larchbrook Drive, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,032 Sq Ft
price_per_sqft$123.03 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,360 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26309240030200000
Lot Number20
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 8 BLK 3 LT 20 INT202100324239 DD10272021 CO-DC 3092400302000 1CG30924003
Census Tract018129
Assessed Land Value$70,000
Assessed Improvement Value$291,220
Assessment Year2025

About this property

MULTIPLE OFFERS. HIGHEST AND BEST BY 11:00 PM OCTOBER 1. Imagination and a little work will reward you with a real dream house. Situated in an established neighborhood with mature trees, don't overlook this brick home with vinyl siding, gutters and a sprinkler system. Plenty of space to entertain in the two living areas. The primary suite offers dual vanities, a walk-in tub, linen closet, shower, and walk-in closets. A spacious kitchen features white cabinets, white farm sink, gas cooktop and plenty of counter space. The gas water heater was replaced in 2020 and an updated HVAC with new furnace and compressor was installed in 2013. Don't miss an excellent opportunity to own a home at an affordable price!

Investor Tools

Property Icon
$361,220
Estimated Property Value
$182,637Estimated Mortgage Balance
$178,583Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,167 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,648
$361,220
2025
$70,000
$291,220
$361,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,648
$361,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$200,000
No
First
Oct 27, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,637
$178,583
49%
51%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,200/mo
+$772/mo
6.6%

City: Garland

305 Larchbrook Drive | Property Details | No Agent List