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$345,000

3610 Colbath Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.14 / sqft
Year BuiltBuilt in 1979

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 Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringTile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26346000030180000
Lot Number18
SubdivisionMeadowood
Land UseResidential
Legal DescriptionMEADOWOOD 1 BLK 3 LOT 18 INT202300135829 DD07072023 CO-DC 3460000301800 1CG34600003
Census Tract019025
Assessed Land Value$75,000
Assessed Improvement Value$268,500
Assessment Year2025

About this property

Charming 3 bedroom 2 bath featuring an updated eat in kitchen with corian countertops and an oversized walk in pantry. New wood look tile throughout the home. Dining room with large windows could easily be used as a study. Large living room with brick hearth wood burning fireplace. New roof May 2023. New exterior paint May 2023. Great location with easy access to both PGBT 190 and Hwy 78, and within minutes to Firewheel Golf Course, multiple shopping centers including Firewheel Town Center and plenty of entertainment.

Investor Tools

Property Icon
$343,500
Estimated Property Value
$367,860Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,132
$343,500
2025
$75,000
$268,500
$343,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,132
$343,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trusted Mortgage Capital Inc
Va
$367,860
Yes
First
Sep 23, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,918
N/A
0%
104%
$2,206/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,206/mo
$-234/mo
6.9%

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.

Explore Texas Explore This Area
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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3610 Colbath Dr | Property Details | No Agent List