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A+
NoAgentList RatingHow are grades calculated?Info

$108,840

NAL Estimated Property Value

418 Garland Dr Apt 217, Lake Jackson, TX, 77566

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,001 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$78.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer Stacked, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2,574 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN7304-0217-000
Lot Number217
SubdivisionRivertree
Land UseResidential
Legal DescriptionRIVERTREE PHASE I (LAKE JACKSON), BLOCK D, LOT 217
Census Tract663500
Assessed Land Value$21,740
Assessed Improvement Value$87,100
Assessment Year2025

About this property

Beautifully maintained 2nd floor unit now available! Located close to pool and clubhouse, this unit would make for a perfect solution to breaking that rent cycle! Perfect as a first time home or investment property! This unit has been a primary home and lovingly maintained. The well appointed layout makes way for either two living areas, or a living area and separate dining area. Enjoy mornings with coffee on the balcony overlooking the peaceful views, as this unit offers no back neighbors. Evenings after work can be enjoyed with a refreshing beverage and dip in the community pool. Water and trash included in HOA dues, as well as exterior insurance. Conveniently located near 288, plants, medical facilities and yes - The Beach! Schedule your viewing today!

Investor Tools

Property Icon
$108,840
Estimated Property Value
$58,905Estimated Mortgage Balance
$49,935Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$653 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,111
$108,840
2025
$21,740
$87,100
$108,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,111
$108,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cme Lending Group Llc
Conventional
$59,600
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,905
$49,935
45%
54%
$358/mo

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: Lake Jackson

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418 Garland Dr Apt 217 | Property Details | No Agent List