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$319,630

NAL Estimated Property Value

4014 W Walnut St, Garland, TX, 75042

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.21 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size7,260 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26533500020120000
Lot Number12
SubdivisionSkillman Forest
Land UseResidential
Legal DescriptionSKILLMAN FOREST 1 BLK 2 LOT 12 INT202300139952 DD07102023 CO-DC 5335000201200 1CG53350002
Census Tract019033
Assessed Land Value$45,000
Assessed Improvement Value$274,630
Assessment Year2025

About this property

Buyers financing feel through! Ready to show after 11am on Sat. June 14. Gated driveway in alley allows for 6 cars to park! Owner will come and go through the alley not the front! Back drive is totally fenced and gated for security and privacy! Five spacious bedrooms with refinished original hardwood floors! Fresh paint in many rooms. Office and or bedroom off back of house has its own entrance and full bath. This bath needs finish work and this room is showing signs of settling and is being fixed by the end of June with a lifetime warranty on the work. PAID OFF Solar panels for low utility cost. Plenty of extra parking around back as well as storage building and carport! Walk to Dart bus pickup and shopping nearby. Garland ISD so choose your school! This home is ready for new owners and is set up for multi generational family! Metal roof will last a long time! Little to do or just move right in! Great location in Garland. Third bath is unfinished. Square footage is larger than reflected on Tax Roll. PLEASE leave lights with tape ON. Ask your agent for a private showing! Price reflects condition. Seller will consider all reasonable offers. NO FHA or VA due to the added room in the back (not part of the original house). MUST be pre-approved to submit offer. Please submit proof of funds or lender letter with all offers. No offers will be reviewed without letter. MUST use Tiago Title. Foundation work to be completed by June 30 with a lifetime warranty.

Investor Tools

Property Icon
$319,630
Estimated Property Value
$204,879Estimated Mortgage Balance
$114,751Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,918 /month
Positive
Cash Flow Estimate:
$639 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,268
$319,630
2025
$45,000
$274,630
$319,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,268
$319,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Conventional
$207,920
No
First
Jul 15, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,879
$114,751
35%
64%
$1,247/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,247/mo
+$725/mo
7.4%

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.

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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