$316,000
NAL Estimated Property Value3413 Manchester Drive, Garland, TX, 75041
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,820 sqft
Building Information
Year Built1979
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26572600040180000
Lot Number18
SubdivisionSouthgate Manor
Land UseResidential
Legal DescriptionSOUTHGATE MANOR 5 BLK 4 LT 18 INT201900129509 DD05202019 CO-DC 5726000401800 1CG57260004
Census Tract018401
Assessed Land Value$45,000
Assessed Improvement Value$242,040
Assessment Year2025
About this property
Gorgeous updated, 3 bedroom and 2 full bath home with a 2 car garage! Master down with 2 bedrooms up, great downstairs living room and upstairs loft living area. Granite countertops throughout, large open kitchen, soaring vaulted ceilings, large fenced back yard perfect for entertaining. New roof in February 2019, foundation repair in 2012 with a lifetime warranty. Minutes to 635. This is a must see and won't last long!
Investor Tools
$316,000
Estimated Property Value
$194,325Estimated Mortgage Balance
$121,675Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,482
$287,040
2025
$45,000
$242,040
$287,040
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,482
$287,040
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$212,000
No
First
Dec 23, 2021
Jan 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,325
$121,675
38%
61%
$1,272/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,272/mo
+$700/mo
7.5%
