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$246,000

NAL Estimated Property Value

321 E Carolyn Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,054 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.56 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26354500050210000
Lot Number21
SubdivisionMonica Park
Land UseResidential
Legal DescriptionMONICA PARK 3 BLK 5 LOT 21 INT202100173891 DD06082021 CO-DC 3545000502100 1CG35450005
Census Tract018206
Assessed Land Value$70,000
Assessed Improvement Value$165,190
Assessment Year2025

About this property

Very affordable remodeled home in the popular city of Garland. This property is move in ready with tons of updates. Brand New Laminate flooring, quartz counter tops, Exterior and Interior Paint, New HVAC, Light fixtures and much more. This is a 3 bedroom 1 and half bath. Extra storage room, that can also be used for the laundry and dryer area desired. Had parking in the front and covered parking in the back as well. Beautiful back yard, perfect for entertaining or just relaxing. The back yard also comes with an additional storage building. This is a very affordable home that has so much to offer for most needs. Make your appointment right away, it won’t last long in this market.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$185,971Estimated Mortgage Balance
$60,029Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,715
$235,190
2025
$70,000
$165,190
$235,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,715
$235,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$205,214
Yes
First
Jun 8, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,971
$60,029
24%
76%
$1,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,231/mo
+$334/mo
7.6%

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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321 E Carolyn Drive | Property Details | No Agent List