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$371,000

3709 Downs Way, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,245 sqft

Building Information

Year Built1980
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26346040060030000
Lot Number3
SubdivisionMeadowood
Land UseResidential
Legal DescriptionMEADOWOOD 2 BLK 6 LT 3 VOL84196 PG2545 CO-DALLAS 4815040600300 32634604006
Census Tract019025
Assessed Land Value$75,000
Assessed Improvement Value$282,220
Assessment Year2025

About this property

Totally updated 3 bedroom, TWO and HALF BATH with easy access to George Bush and FIREWHEEL Town Center! The bright kitchen has been fully REMODELED with all new SOFT CLOSE 42 inch cabinets, SS T Bar Hardware, GRANITE countertops and STONE backsplash. Well lit by natural light, accented with recessed lighting and new SLIDING door opening up to a large fenced backyard. This home is great for entertainment with all the common SPACE flowing from the kitchen to the large living room boasted by VAULTED ceilings, floor2ceiling brick fireplace and WET BAR or retreat into the open COMBO formal DINING and LIVING rooms. There is a SPACIOUS remodeled half bathroom downstairs for guests. Two FULLY remodeled bathrooms are up with new vanities accented with QUARTZ countertops, SS fixtures, new lighting, LOW FLUSH toilets and SOFT CLOSED cabinets. This home is equipped with maintenance FREE siding and TRIPLE panned windows throughout. Entire house recently painted. Within last couple years HVAC unit, Hot WATER HEATER and FENCE was replaced. All new smoke alarms throughout as well.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,122
$357,220
2025
$75,000
$282,220
$357,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,122
$357,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
6.4%

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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3709 Downs Way | Property Details | No Agent List