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$278,420

NAL Estimated Property Value

317 E Linda Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,165 Sq Ft
price_per_sqft$223.09 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringTile

Exterior

Lot Size7,920 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26352500010260000
Lot Number26
SubdivisionMonica Park
Land UseResidential
Legal DescriptionMONICA PARK 1 BLK 1 LOT 26 INT202300158802 DD08022023 CO-DC 3525000102600 1CG35250001
Census Tract018206
Assessed Land Value$70,000
Assessed Improvement Value$208,420
Assessment Year2025

About this property

Welcome to this beautifully renovated cottage! This inviting, seamless open floor plan connects a bright living room, dining area, and a modern kitchen fitted with stainless steel appliances and upgraded tile flooring. The home's uniqueness shines in its converted garage - an adaptable space ideal for a home office, fitness room, or extra entertainment area. Step outside to a large, fully fenced backyard, a serene spot for BBQs, or gardening. Located conveniently near local amenities, this turnkey property marries style, function, and location perfectly.

Investor Tools

Property Icon
$278,420
Estimated Property Value
$484,778Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,671 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,390
$278,420
2025
$70,000
$208,420
$278,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,390
$278,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$255,192
No
First
Aug 2, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$484,778
N/A
0%
174%
$3,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,062/mo
$-1,090/mo
8.5%

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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