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B+
NoAgentList RatingHow are grades calculated? Info

$174,000

326 Parker Road, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,239 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.44 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Lot Size10,875 sqft

Building Information

Year Built1963
Stories1
Roof Type105

Land Information

APN26464500040010000
Lot Number1
SubdivisionRainbow
Land UseResidential
Legal DescriptionRAINBOW ESTATES BLK 4 LOT 1 INT201900211220 DD08092019 CO-DC 4645000400100 1CG46450004
Census Tract018105
Assessed Land Value$60,000
Assessed Improvement Value$207,230
Assessment Year2025

About this property

This home may say built in 1963, but walk into 2019! Remodeled from the studs in, this home has updated flooring, cabinets, countertops, doors, windows, appliances, bathroom fixtures, roof, plumbing and electricity! Seller has chosen top notch finishes including tile backsplashes, barn door, decorative lighting, beautiful plumbing fixtures, hard surface flooring and more! Enjoy evenings in the nicely shaded and roomy backyard or entertain inside with the open floorplan. This home has options for all! Located conveniently to highways and shopping, but nestled nicely in the neighborhood. Don't miss out on this one!

Investor Tools

Property Icon
$267,230
Estimated Property Value
$0Estimated Mortgage Balance
$121,860Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,603 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,452
$267,230
2025
$60,000
$207,230
$267,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,452
$267,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$167,810
No
First
Aug 9, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,370
$121,860
45%
54%
$1,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,007/mo
+$965/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.

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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326 Parker Road | Property Details | No Agent List