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$237,000

NAL Estimated Property Value

3229 Old Orchard Road, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,277 Sq Ft
price_per_sqft$156.54 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

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 Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size11,000 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26430500020120000
Lot Number12
SubdivisionOrchard Hills
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES 4 BLK 2 LOT 12 INT202100149917 DD05182021 CO-DC 4305000201200 1CG43050002
Census Tract018402
Assessed Land Value$70,000
Assessed Improvement Value$158,210
Assessment Year2025

About this property

Don't miss out on the opportunity to view & buy this beautiful corner lot house located in the heart of Garland, TX. This home features 3 spacious bedrooms, 1.5 baths, original wood floors, an abundance of natural light, and low energy windows throughout the house with a lifetime transferable warranty. The roof was replaced in 2016, the gas stove & microwave installed in 2020, both bathrooms have been renovated in 2019, and the house freshly painted in 2021. Enjoy your family time and gatherings in the oversized backyard with a secluded space for your pets. This house is ready for you to call it home. Buyer got cold feet, this beautiful home is ready for you!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$178,978Estimated Mortgage Balance
$58,022Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,737
$228,210
2025
$70,000
$158,210
$228,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,737
$228,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$197,880
No
First
May 18, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,978
$58,022
24%
76%
$1,187/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,187/mo
+$785/mo
10.0%

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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3229 Old Orchard Road | Property Details | No Agent List