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$417,000

NAL Estimated Property Value

3481 Forest Hills Cir, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.6 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, None
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size3,990 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26579900030130000
Lot Number13
SubdivisionSpringpark Central
Land UseResidential
Legal DescriptionSPRINGPARK CENTRAL 8 BLK 3 LT 13 INT202400203125 DD10042024 CO-DC 5799000301300 3CG57990003
Census Tract019031
Assessed Land Value$90,000
Assessed Improvement Value$296,870
Assessment Year2025

About this property

Welcome to this beautifully maintained home in the heart of Richardson ISD, where pride of ownership shines through every detail. This inviting residence has 3 bedrooms, 2.5 well-appointed baths, and an office that features stunning built-in shelving with a serene view of the lovely backyard. The interior is a showcase of quality, with hardwood floors and tile throughout, and a dining room thats perfect for entertaining. The kitchen features granite countertops, eat in kitchen, and utility room. Convenience is key with easy access to major highways, making commuting a breeze. The neighborhood adds to the allure, offering a range of amenities including a clubhouse, community pool, and tennis courts—ideal for staying active and socializing.

Investor Tools

Property Icon
$417,000
Estimated Property Value
$395,987Estimated Mortgage Balance
$21,013Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$1,325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,996
$386,870
2025
$90,000
$296,870
$386,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,996
$386,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$407,483
Yes
First
Oct 4, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,987
$21,013
5%
95%
$2,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$3,769/mo
$-1,619/mo
6.2%

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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3481 Forest Hills Cir | Property Details | No Agent List