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$327,180

NAL Estimated Property Value

3605 Knight Lane, Garland, TX, 75042

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.15 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,254 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26119500110140000
Lot Number14
SubdivisionCrest Park
Land UseResidential
Legal DescriptionCREST PARK ESTATES BLK 11 LOT 14 INT202200232820 DD08262022 CO-DC 1195001101400 1CG11950011
Census Tract019032
Assessed Land Value$65,000
Assessed Improvement Value$262,180
Assessment Year2025

About this property

Nicely updated 4 bedroom 2 bath 2 car garage home with plenty of space. Large living area with vaulted ceilings overlooking the backyard patio and yard. Kitchen has espresso cabinets, quartz ctops, glass backsplash, & SS appliances. New carpet, updated porcelain floors, LED lighting, plugs, light switches. Updated master bath with espresso cabs, qtz ctops, walkin shower, porcelain floors, & LED lights. Master bedroom has an entire wall of closets with plenty of storage. Double pane windows, wtr htr 2019, portion of cast iron plumbing replaced with PVC. Large backyard and patio area, with storage shed. Not eligible for FHA loans until August. DISCLOSURES IN TRANSACTION DOCS. Seller has NO survey.

Investor Tools

Property Icon
$327,180
Estimated Property Value
$244,078Estimated Mortgage Balance
$83,102Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,814
$327,180
2025
$65,000
$262,180
$327,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,814
$327,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$262,400
No
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,078
$83,102
25%
75%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,574/mo
+$998/mo
9.4%

City: Garland

3605 Knight Lane | Property Details | No Agent List