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$257,000

406 Gloria Drive, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.29 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size7,015 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26672500040030000
Lot Number3
SubdivisionWestwood
Land UseResidential
Legal DescriptionWESTWOOD 1 BLK 4 LOT 3 INT202000293047 DD10232020 CO-DC 6725000400300 1CG67250004
Census Tract018900
Assessed Land Value$60,000
Assessed Improvement Value$193,300
Assessment Year2025

About this property

Good bones with a layout that feels open and inviting. Beautiful lot with mature trees and tons of potential inside and out. Sweet neighborhood and great location near restaurants and shops. THIS IS A MULTIPLE OFFER SITUATION. FINAL AND BEST OFFER TO BE PRESENTED ON OR BEFORE 10AM ON Monday 9-28-2020.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$0Estimated Mortgage Balance
$257,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,069
$253,300
2025
$60,000
$193,300
$253,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,069
$253,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,000
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
9.2%

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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406 Gloria Drive | Property Details | No Agent List