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$333,310

NAL Estimated Property Value

4621 Elderberry Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,976 Sq Ft
price_per_sqft$159.41 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,025 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26075600030180000
Lot Number18
SubdivisionCandlestick Cove
Land UseResidential
Legal DescriptionCANDLESTICK COVE 2 BLK 3 LOT 18 INT202500018965 DD09182024 CO-DC 0756000301800 1CG07560003
Census Tract018137
Assessed Land Value$77,000
Assessed Improvement Value$256,310
Assessment Year2025

About this property

Multiple Offers, Monday 3.14 5pm Offer Deadline. Quaint neighborhood, as quiet as you'll find, tucked away off Lake Ray Hubbard. The property features a 50yr roof, newer windows, 2020 HVAC system, 2020 new electric rolling gate, 2020 full interior paint, and 2020 new garage door and lift. The main living areas feature engineered hardwoods, with luxury vinyl plank throughout the bedrooms. The seasonal room is not included in the square footage, but would add an additional 172sf to the total if air vent was added. Value-add for first time home buyer or investor. Easy access to major highways, I30 and PGB Turnpike. Great Investment Opportunity!

Investor Tools

Property Icon
$333,310
Estimated Property Value
$363,223Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,000 /month
Positive
Cash Flow Estimate:
$667 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,072
$333,310
2025
$77,000
$256,310
$333,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,072
$333,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$309,294
Yes
First
Apr 14, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,223
N/A
0%
109%
$2,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,333/mo
$-361/mo
7.1%

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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4621 Elderberry Dr | Property Details | No Agent List