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$252,720

NAL Estimated Property Value

4217 Pineridge Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.38 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Range, Gas Water Heater
FlooringCarpet, Linoleum

Exterior

Lot Size7,200 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26533500050170000
Lot Number17
SubdivisionSkillman Forest
Land UseResidential
Legal DescriptionSKILLMAN FOREST 1 BLK 5 LT 17 INT202400090504 DD05012024 CO-DC 5335000501700 1CG53350005
Census Tract019033
Assessed Land Value$60,000
Assessed Improvement Value$192,720
Assessment Year2025

About this property

Investor's Dream in Garland, TX! This 3-bedroom, 1.5-bathroom home with a 1-car garage, built in 1962, presents a prime investment opportunity. With 1,014 sqft of space, this property offers endless potential for renovation and resale. Situated in a quiet neighborhood with no HOA fees or pool, it awaits your creative touch. The spacious backyard is perfect for outdoor activities or expansion. Conveniently located near schools, parks, shopping, and dining, this home combines comfort and convenience. Don't miss out on this chance to capitalize on a diamond in the rough. Schedule a showing today and unlock the possibilities of this distressed property in Garland, TX! Contact us now to learn more and seize this incredible investment opportunity. HVAC (inside & outside unit replaced in past 2 years. Electrical and plumbing seem fine. The seller has an equitable interest in the property.

Investor Tools

Property Icon
$252,720
Estimated Property Value
$215,688Estimated Mortgage Balance
$37,375Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,516 /month
Positive
Cash Flow Estimate:
$505 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,286
$252,720
2025
$60,000
$192,720
$252,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,286
$252,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Building Or Construction Loan
$222,300
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,688
$37,032
14%
85%
$1,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,333/mo
+$639/mo
9.4%

City: Garland

4217 Pineridge Dr | Property Details | No Agent List