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$294,000

NAL Estimated Property Value

4013 Justice Lane, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,207 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.95 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,809 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26544500040290000
Lot Number29
SubdivisionSkillman Forest Park
Land UseResidential
Legal DescriptionSKILLMAN FOREST PARK 1 BLK 4 LT 29 INT202000329070 DD11192020 CO-DC 5445000402900 3CG54450004
Census Tract019044
Assessed Land Value$90,000
Assessed Improvement Value$198,520
Assessment Year2025

About this property

Well kept home located in the desirable Skillman Forest Park neighborhood. This home boast plenty of space with its two living areas and a secluded game room upstairs. The interior lot is landscaped and the homes walk up is very appealing. Perfect for a wide variety of people, whether you are looking to grow your family or retire, this home has the unique ability to fit a wide range of buyers. The multiple living areas allows for the kids to be in one area while the others relax in their own space. The backyard is shaded with beautiful mature trees and a covered area to enjoy the nice fall weather. Take a look quick as the home will not last long.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$236,522Estimated Mortgage Balance
$57,478Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,717
$288,520
2025
$90,000
$198,520
$288,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,717
$288,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$209,000
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,522
$57,478
19%
80%
$1,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,554/mo
+$418/mo
8.0%

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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4013 Justice Lane | Property Details | No Agent List