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$252,000

NAL Estimated Property Value

309 E Celeste Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.66 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,380 sqft

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APN26354500060250000
Lot Number25
SubdivisionMonica Park
Land UseResidential
Legal DescriptionMONICA PARK 3 BLK 6 LOT 25 INT202100261559 DD08312021 CO-DC 3545000602500 1CG35450006
Census Tract018206
Assessed Land Value$70,000
Assessed Improvement Value$151,470
Assessment Year2025

About this property

Great location. This 3 bedroom and 1.5 bath home has a large beautiful backyard with a 1 year new fence. Huge deck recently built is ideal for pets and family gatherings. Master bedroom has its own private half bathroom. Living room has been converted to a 4th bedroom and can easily convert back into a large living room. Gas stove. Central Garland near downtown. The home has great space, large yard and lots of possibilities. Buyer and Buyers Agent to verify all schools, taxes, and measurements.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$151,469Estimated Mortgage Balance
$100,531Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,861
$221,470
2025
$70,000
$151,470
$221,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,861
$221,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$166,500
No
First
Aug 31, 2021
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,469
$100,531
39%
60%
$999/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$999/mo
+$566/mo
7.5%

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.

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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309 E Celeste Drive | Property Details | No Agent List