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$487,500

NAL Estimated Property Value

405 Pasco Road, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.83 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,601 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26251390030200000
Lot Number20
SubdivisionGramercy Park
Land UseResidential
Legal DescriptionGRAMERCY PARK BLK 3 LT 20 INT202400241405 DD11262024 CO-DC 2513900302000 1CG25139003
Census Tract019042
Assessed Land Value$100,000
Assessed Improvement Value$387,500
Assessment Year2025

About this property

Experience modern living in this stunning 2019 home in Gramercy Park, Garland, where smart technology meets sophisticated design. Enjoy the convenience of smart shades and color-changing lights, all easily integrated into a smart home system. The open-concept layout features beautiful hardwood floors, quartz countertops, and a chef’s kitchen with a gas cooktop, built-in microwave, and oven, seamlessly flowing into the dining and living areas, perfect for entertaining. A private study and bonus workspace add to the home’s functionality. Upstairs, you’ll find three spacious bedrooms, including a master suite with a chic barn door leading to an elegant bath with dual sinks and an oversized shower. Outside, relax on the covered patio or enjoy the yard space, ideal for outdoor gatherings. This home conveniently located near PGBT 190 and US 75 provides easy access to schools, shopping, and dining.

Investor Tools

Property Icon
$487,500
Estimated Property Value
$0Estimated Mortgage Balance
$487,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,925 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,147/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,326
$487,500
2025
$100,000
$387,500
$487,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,326
$487,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$487,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$210/mo
+$1,940/mo
5.3%

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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405 Pasco Road | Property Details | No Agent List