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$340,000

3318 Shield Ln, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.02 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringTile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard, Storage, Garden
Lot Size11,704 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26073700160080000
Lot Number8
SubdivisionCamelot 4th Sec
Land UseResidential
Legal DescriptionCAMELOT 4TH SEC BLK P LOT 8 INT202100387961 DD12282021 CO-DC 0737001600800 3CG07370016
Census Tract019031
Assessed Land Value$90,000
Assessed Improvement Value$251,880
Assessment Year2025

About this property

Nestled on over a quarter of an acre along a quiet cul-de-sac, this beautifully maintained property offers an ideal combination of privacy, system upgrades, stylish interior renovations, AND your choice of top-rated schools with access to both Garland & Richardson ISDs. Boasting charming curb appeal & mature landscaping framing the entry with an extended front porch & cedar fence (added 2020), step into an open layout featuring vaulted ceilings, great natural light & a wood-burning fireplace. Kitchen remodeled in 2018 with soft-close cabinets, SS appliances, quartz counters, coffee bar & pantry (custom door added 2020), with an over-the-range microwave addition in 2025. Primary suite includes room for seating + an ensuite with double sinks, custom shower body sprays & new sliding barn door (2025). Remaining bedrooms are directly next to the secondary full bath and could double as flex space (private office, workout room, etc!). Oversized backyard is perfect for entertaining & relaxation with multiple seating areas, landscaping stones & pathways (added 2023), fire pit, covered patio (2020) & plenty of grassy space with room for a pool if desired—fully enclosed by 8-FT cedar privacy fencing (2020). Electric-equipped shed could be used as a workshop, hobby space or for extra storage. Other major updates include newer windows, roof & fans (2017), fresh paint, baseboards, French patio doors & both bathrooms redone (2018), fuse box panel in garage replaced & cordless blinds added (2019), new Lennox 3-ton HVAC & fan unit (NOV 2020), new water heater (2021), house + shed siding fully replaced with Hardie board (2022). All in a convenient location near George Bush, 75 & 635 with easy access to Spring Creek Nature Preserve, Firewheel Golf Park, local parks & great schools. Don’t miss this move-in ready home offering long-term value in an established neighborhood with no HOA!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$299,250Estimated Mortgage Balance
$68,213Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,461
$341,880
2025
$90,000
$251,880
$341,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,461
$341,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$299,250
No
First
Dec 28, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,787
$68,213
19%
80%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,795/mo
+$355/mo
7.5%

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.

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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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