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$278,000

NAL Estimated Property Value

4518 Bethany Drive, Garland, TX, 75042

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,790 Sq Ft
price_per_sqft$101.12 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,020 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26195500150400000
Lot Number40
SubdivisionForest Ridge
Land UseResidential
Legal DescriptionFOREST RIDGE 3 BLK 15 LT 40 INT201900258044 DD09252019 CO-DC 1955001504000 3CG19550015
Census Tract019045
Assessed Land Value$70,000
Assessed Improvement Value$174,190
Assessment Year2025

About this property

Foundation work has been done and the house will be ready to start showings. House is located in a very desirable area, near Plano Rd. This four-bedroom, 3 bathrooms. The garage has been converted into a large fourth bedroom with a full bathroom with its own entrance. Perfect for rental. Seller will make NO REPAIRS sold As Is. Seller will need at least 30 days leaseback after closing and funding.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$86,816Estimated Mortgage Balance
$191,184Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$244,190
2025
$70,000
$174,190
$244,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,685
$244,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$100,000
No
First
Sep 25, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,816
$191,184
68%
31%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$600/mo
+$1,972/mo
11.1%

City: Garland

4518 Bethany Drive | Property Details | No Agent List