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$266,000

NAL Estimated Property Value

3202 Sheridan Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,254 Sq Ft
price_per_sqft$199.28 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size8,125 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26430500040090000
Lot Number9
SubdivisionOrchard Hills
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES 4 BLK 4 LOT 9 INT202400141478 DD07152024 CO-DC 4305000400900 1CG43050004
Census Tract018402
Assessed Land Value$70,000
Assessed Improvement Value$166,280
Assessment Year2025

About this property

MULTIPLE OFFERS: Deadline Sat. 6pm. Welcome to your dream home in Garland! This one-story ranch-style home has been meticulously updated, offering a seamless blend of modern luxury and timeless charm. The home boasts amazingly restored original wood floors, a picturesque front porch, updated double-paned energy efficient windows throughout the home, decorative lighting, and updated bathrooms with granite countertops. The galley kitchen features modern custom cabinetry, stainless steel appliances, and granite countertops. The kitchen and breakfast nook both over look an AMAZING sprawling backyard with mature trees, gardens and a large storage building with insulation, electrical wiring, and comfort control that can be used as a workshop, playhouse, or flex space. Located in a desirable neighborhood in Garland, this home is conveniently close to shopping, dining, parks, and retail. There is an immersive 3D Virtual Tour so you can tour the home now.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$203,106Estimated Mortgage Balance
$62,894Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,403
$236,280
2025
$70,000
$166,280
$236,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,403
$236,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mpire Financial Group Llc
Conventional
$210,000
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,106
$62,894
23%
76%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,260/mo
+$712/mo
8.9%

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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3202 Sheridan Dr | Property Details | No Agent List