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$429,999

4505 Gannet Ln, Garland, TX, 75043

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,453 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.3 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,571 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26262680040160000
Lot Number16
SubdivisionHerons Bay
Land UseResidential
Legal DescriptionHERONS BAY ESTATES 1 BLK 4 LT 16 INT201900138414 DD05282019 CO-DC 2626800401600 1CG26268004
Census Tract018148
Assessed Land Value$105,000
Assessed Improvement Value$352,210
Assessment Year2025

About this property

NEW PRICE + NEW ROOF! Beautifully maintained & Pre-Inspected 4-bedroom, 2.5-bath 1 story home in an established Garland neighborhood offering a functional open-concept layout with updates throughout. Filled with natural light, the spacious living, dining & kitchen areas create an inviting setting for both everyday living & entertaining. Wood & tile flooring throughout provide a clean, durable, & timeless finish. Recent improvements include renovated bathrooms (2025), tankless water heater with recirculation system (2024), & a versatile sunroom addition (2024) plumbed for both water & gas, creating the perfect space for an outdoor kitchen, entertaining area, hobby room, or flex space. The kitchen is enhanced with an upgraded vent hood, touchless faucet, & Smart Inverter microwave. Additional interior features include LED lighting throughout, built-in Dolby Atmos ceiling speakers, & a WiFi-enabled ecobee thermostat for enhanced comfort & efficiency. Smart home upgrades include a WiFi door lock, video doorbell, motion-sensor lighting, & a Rachio smart sprinkler system with app control. Solar screens help improve energy efficiency while reducing heat & glare. Outdoor living is a standout feature with a dedicated entertaining space already plumbed for gas & water, making it ideal for grilling, gatherings, & relaxing outdoors. Additional highlights include a storm door, EV charging plug, & added garage & closet storage solutions. The landscaped yard enhances curb appeal & overall enjoyment of the property. Conveniently located with quick access to I-30, I-635, & George Bush Turnpike, providing an easy commute to Downtown Dallas & major employment centers throughout DFW. Zoned to Garland ISD’s sought-after School Choice Program, offering access to a variety of highly regarded schools, including a National Blue Ribbon School. Move in with confidence knowing a pre-listing inspection has already been completed, providing added transparency & peace of mind for buyers.

Investor Tools

$266,331Estimated Mortgage Balance
$190,879Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,743 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,868
$457,210
2025
$105,000
$352,210
$457,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,868
$457,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Transpecos Banks
Commercial
$312,000
No
First
May 29, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,331
$190,879
41%
58%
$1,445/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,795/mo
+$777/mo
6.8%

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.

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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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4505 Gannet Ln | Property Details | No Agent List