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$305,300

NAL Estimated Property Value

406 Los Santos Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
price_per_sqft$161.03 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,400 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26308700170290000
Lot Number29
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 2 LT 0029 00017 4813241702900 32630870017
Census Tract018126
Assessed Land Value$60,000
Assessed Improvement Value$245,300
Assessment Year2025

About this property

Big Ticket Items Done! Cast Iron Drain Lines Replaced! Foundation repaired, HVAC & Water Heater apporximatley 6 years old. This Home has so much potential. This 3-bedroom, 2-bathroom home located in a peaceful neighborhood with no HOA! This property offers a relaxed lifestyle with the freedom to personalize your space without restrictions. Step into a spacious living area featuring a cozy fireplace, perfect for relaxing or entertaining guests. The kitchen is well-equipped with plenty of cabinet space and flows seamlessly into a bright dining area, ideal for family meals or casual gatherings. All three bedrooms offer generous space and natural light, while the two full bathrooms provide functionality and comfort for daily living. Home does included a sprinkler system. Enjoy quiet living just minutes from local schools, shopping, and major roads — without the hassle(fresh paint and flooring) this home could truly shine. It's a great opportunity for buyers looking to add their own touch and build instant equity.

Investor Tools

Property Icon
$305,300
Estimated Property Value
$283,656Estimated Mortgage Balance
$21,644Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,832 /month
Positive
Cash Flow Estimate:
$611 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,749
$305,300
2025
$60,000
$245,300
$305,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,749
$305,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The Ozarks
Conventional
$286,150
No
First
Nov 10, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,656
$21,644
7%
93%
$1,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,716/mo
+$256/mo
7.8%

Learn About the Market: Opportunity in Texas

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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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406 Los Santos Dr | Property Details | No Agent List