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$215,240

NAL Estimated Property Value

3948-50 Queens Court, Garland, TX, 75043

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,287 Sq Ft
price_per_sqft$219.94 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,215 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26480620030110000
Lot Number11
SubdivisionRegal
Land UseResidential
Legal DescriptionREGAL ESTATES 3 BLK 3 LT 11 INT202200247983 DD09152022 CO-DC 4806200301100 1CG48062003
Census Tract018111
Assessed Land Value$30,000
Assessed Improvement Value$185,240
Assessment Year2025

About this property

Looking for turnkey rental income?? Beautifully fully renovated and maintained FULL DUPLEX home with open floor plan located on an oversized corner lot, steps from Duck Creek Greenbelt Park and trails with turnkey rental income opportunity. This home has been completely updated throughout with all new flooring (wood like high quality vinyl plank main areas and carpet in bedrooms), honed granite counter tops and quartz in eat-in kitchen, new roof, appliances, plumbing fixtures, decorative lighting, freshly painted and new hardware. Available to purchase as a full duplex (3950-3948 Queens Ct) or individual sides. Approximate market lease value almost $4K a month (3948 -$1,900 mo - 3950- $2000 mo). Move in ready and easy to show!

Investor Tools

Property Icon
$215,240
Estimated Property Value
$386,132Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,828
$215,240
2025
$30,000
$185,240
$215,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,828
$215,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$414,375
No
First
Sep 15, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,132
N/A
0%
179%
$2,485/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,485/mo
$-920/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3948-50 Queens Court | Property Details | No Agent List