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$339,840

NAL Estimated Property Value

312 Basil Street, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,826 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139.65 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2,790 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26032670080060000
Lot Number6
SubdivisionBeacon Hill
Land UseResidential
Legal DescriptionBEACON HILL BLK 8 LT 6 INT202000290890 DD10212020 CO-DC 0326700800600 1CG03267008
Census Tract019051
Assessed Land Value$70,000
Assessed Improvement Value$269,840
Assessment Year2025

About this property

Spacious 3 bed, 2.5 bath corner unit townhome! Fenced outdoor patio backing to gorgeous green space. Great location with easy access to George Bush Turnpike, shopping & restaurants at Firewheel Mall, & schools. The living room is beautiful, featuring 2 story windows, soaring ceilings, & gorgeous hardwood floors. The kitchen has 42 in maple cabinets, corian counter-tops, & ss appliances. Downstairs bedroom currently used as an office. The upstairs includes new carpet throughout (replaced Aug 17, 2020), game room, large master suite with a huge closet, & second bedroom with a full bath! The community has a pool & several parks - including a dog park. The HOA covers sprinklers, mowing, and so much more. 2018 HVAC.

Investor Tools

Property Icon
$339,840
Estimated Property Value
$218,639Estimated Mortgage Balance
$121,201Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,597
$339,840
2025
$70,000
$269,840
$339,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,597
$339,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$245,100
No
First
Oct 21, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,639
$121,201
35%
64%
$1,470/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,720/mo
+$252/mo
7.0%

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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312 Basil Street | Property Details | No Agent List