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$240,000

4115 Greenway Dr, Garland, TX, 75041

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.23 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size5,760 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26604500020670000
Lot Number67
SubdivisionTowngate
Land UseResidential
Legal DescriptionTOWNGATE 75 BLK 2 LT 67 INT200700098422 DD03152007 CO-DC 6045000206700 1CG60450002
Census Tract018401
Assessed Land Value$34,000
Assessed Improvement Value$206,070
Assessment Year2025

About this property

Welcome to 4115 Greenway Drive in Garland, Texas. This spacious 3-bedroom, 2-bath townhome offers just over 2,000 square feet of living space and is larger than many homes in the community. The property features a private rear patio with a privacy fence and direct access to an attached 2-car garage. The low monthly HOA fee covers lawn care and sprinkler maintenance, helping simplify ongoing upkeep. Community amenities include a well-maintained clubhouse, swimming pools, tennis courts, basketball court, playground, and park area. Conveniently located near Interstate 635 with easy access to major highways, restaurants, shopping, and the DART bus line. The home is ready for updates and offers an excellent opportunity to personalize the space. Ideal for a primary residence or investment property.

Investor Tools

$89,660Estimated Mortgage Balance
$165,340Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Nicole Donaho

Ox Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$102/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$492
$240,070
2025
$34,000
$206,070
$240,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$492
$240,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lehman Brothers Bank Fsb
Stand Alone Second / Subordinate Position
$23,200
No
First
Mar 13, 2007
Apr 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,660
$165,340
64%
35%
$680/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$782/mo
+$1,190/mo
9.3%

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.

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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4115 Greenway Dr | Property Details | No Agent List