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$261,990

NAL Estimated Property Value

3505 Lamesa Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,419 Sq Ft
price_per_sqft$176.11 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,215 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26508500060070000
Lot Number7
SubdivisionSaturn
Land UseResidential
Legal DescriptionSATURN ESTATES BLK 6 LT 7 INT202400245273 DD12032024 CO-DC 5085000600700 1CG50850006
Census Tract018401
Assessed Land Value$50,000
Assessed Improvement Value$211,990
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED; DEADLINE FOR BEST AND FINAL OFFERS IS WEDNESDAY 10-23-2024 AT NOON. This 3-2-2 cute and well maintained house on a cul-de-sac with great drive up appeal and thick green lawn is priced to sell fast! Property offered AS-IS, seller to make no updates or repairs.

Investor Tools

Property Icon
$261,990
Estimated Property Value
$231,915Estimated Mortgage Balance
$30,075Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,692
$261,990
2025
$50,000
$211,990
$261,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,692
$261,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$234,000
No
First
Dec 3, 2024
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,915
$30,075
11%
89%
$1,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,968/mo
+$4/mo
9.0%

City: Garland

3505 Lamesa Dr | Property Details | No Agent List