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$333,000

NAL Estimated Property Value

3409 Morning Star Lane, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,086 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.43 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Ceramic Tile

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26683600040130000
SubdivisionWindridge Rep
Land UseResidential
Legal DescriptionWINDRIDGE 1 REP BLK 4 LOT 13A INT202100337106 DD11082021 CO-DC 6836000401300 1CG68360004
Census Tract018110
Assessment Year2025

About this property

This beautiful home is a treasure with a great open and cozy floor plan with view of Lake Ray Hubbard. Lovely backyard patio with garden potential. Home also offers additional side patio off the breakfast area. Master is split from other bedrooms with lots of closet space. Large open kitchen with plenty of cabinet & pantry space. Additional parking in the back can be great for RV or boat. There is no survey so buyer will need to purchase. The home is in need of foundation repair and all repairs will begin on 9-29-2021. There are visible cracks in the bedroom walls due to foundation shifting. This will also be repaired once all foundation work is complete.

Investor Tools

Property Icon
$333,000
Estimated Property Value
$251,534Estimated Mortgage Balance
$81,466Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,603
$317,150
2025
N/A
N/A
$317,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,603
$317,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$274,928
Yes
First
Nov 8, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,534
$81,466
24%
76%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,649/mo
+$323/mo
7.1%

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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3409 Morning Star Lane | Property Details | No Agent List