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$482,070

NAL Estimated Property Value

3122 Grand Bay Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,374 Sq Ft
price_per_sqft$208.51 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

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 Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Other
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,500 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26007740010450000
Lot Number45
SubdivisionCastle Point
Land UseResidential
Legal DescriptionCASTLE POINT PH 2 BLK 1 LT 45 INT202400047679 DD02292024 CO-DC 0077400104500 1CG00774001
Census Tract018120
Assessed Land Value$90,000
Assessed Improvement Value$392,070
Assessment Year2025

About this property

Dream home in highly sought-after Castle Point neighborhood has great curb appeal that sets the stage for a truly remarkable 1-story home. Meticulously maintained. Energy efficient with radiant barrier & paid for solar panels (energy bill averages less than $400 a year). On-trend interior features a bright, open concept floorplan flooded with natural light. Premium wood flooring adds a touch of timeless elegance. Entertainment is taken to a new level with a dedicated media rm with 110 inch screen, projector & receiver. The heart of this home lies in a gourmet kitchen, complete with granite counters, stainless appliances, a spacious pantry, & a large island. Kitchen seamlessly flows into the living rm. The primary suite is at the back of the home for privacy & has a large walk-in closet & 11 ft trey ceiling. Covered patio is an oasis for enjoying the outdoors. 5-minute drive to Firewheel Town Center & Bush Toll Rd. Don't miss the opportunity to make this extraordinary property your own!

Investor Tools

Property Icon
$482,070
Estimated Property Value
$373,695Estimated Mortgage Balance
$108,375Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,114/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,961
$482,070
2025
$90,000
$392,070
$482,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,961
$482,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Conventional
$384,000
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,695
$108,375
22%
78%
$2,395/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,945/mo
$-973/mo
4.9%

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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3122 Grand Bay Dr | Property Details | No Agent List