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$248,000

NAL Estimated Property Value

313 Freeman Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,320 Sq Ft
price_per_sqft$166.59 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Refrigerator
FlooringVinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,500 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN26320500030140000
Lot Number14
SubdivisionMadewell
Land UseResidential
Legal DescriptionMADEWELL BLK C LOT 14 INT202200136760 DD05122022 CO-DC 3205000301400 1CG32050003
Census Tract018700
Assessed Land Value$60,000
Assessed Improvement Value$123,540
Assessment Year2025

About this property

Newly remodeled inside & out! New roof, new windows & siding, new plumbing underneath house & out to street, re-finished oak floors, newly installed luxury vinyl plank flooring, tons of insulation added in attic, new bathroom fixtures, new exterior doors, new appliances & range hood, & new kitchen cabinetry! We invite you to come see this quaint pier & beam home with its entire underside rebuilt & warrantied by reputable foundation company.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$109,166Estimated Mortgage Balance
$138,834Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,579
$183,540
2025
$60,000
$123,540
$183,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,579
$183,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$118,000
No
First
May 15, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,166
$138,834
55%
44%
$708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$708/mo
+$857/mo
7.6%

City: Garland

313 Freeman Dr | Property Details | No Agent List