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$494,620

NAL Estimated Property Value

4918 Westlake Drive, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,713 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.58 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringHardwood, Tile

Exterior

Exterior FeaturesOther
Lot Size11,572 sqft

Building Information

Year Built2016
Stories1
Roof Type106
Garage Spaces2

Land Information

APN26128250080110000
Lot Number11
SubdivisionCypress Cove
Land UseResidential
Legal DescriptionCYPRESS COVE 2 BLK 8 LOT 11 INT202200132532 DD05092022 CO-DC 1282500801100 1CG12825008
Census Tract018142
Assessed Land Value$90,000
Assessed Improvement Value$404,620
Assessment Year2025

About this property

Immaculate, single-story home nestled on a spacious .266-acre corner lot with a 3-car garage. Adjacent to the home site lies a green space with trees that will remain undeveloped. This 2016 home boasts an open and functional floor plan featuring four spacious bedrooms, large walk-in closets, three full bathrooms, and a utility room with ample space for creating a mudroom. An optional Mother-in-Law Suite by the entryway offers an ensuite bathroom accessible through two doors. The entire home is finished in hard-surface flooring, making it easy to maintain and reducing allergens. Natural lighting floods the interior, creating a vibrant atmosphere. A recently installed smart light system controls the kitchen lighting, and modern light fixtures throughout feature LED and energy-efficient light bulbs. The backyard is perfect for gardening, entertaining family and friends, and creating your own retreat. It includes an extended concrete slab for outdoor entertainment and built-in gas and water+drainage connections for future kitchen construction. The home is situated in a quiet neighborhood with easy access to major highways like I-30, George Bush Turnpike, and Hwy 635. You’re just minutes from Lake Ray Hubbard, shopping, and dining. Notably, this community doesn’t charge MUD or PID taxes. While there are many great features, the standout aspect of this home is its elegant and spacious design, making it a must-see for families seeking a luxurious living experience.

Investor Tools

Property Icon
$494,620
Estimated Property Value
$428,017Estimated Mortgage Balance
$66,603Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,968 /month
Positive
Cash Flow Estimate:
$989 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,113
$494,620
2025
$90,000
$404,620
$494,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,113
$494,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$463,500
No
First
May 9, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,017
$66,603
13%
87%
$2,779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,199/mo
$-627/mo
6.2%

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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4918 Westlake Drive | Property Details | No Agent List